Grenada - Services, value added (current US$)

The latest value for Services, value added (current US$) in Grenada was $696,251,600 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $810,867,500 in 2019 and $42,947,640 in 1977.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 $42,947,640
1978 $53,907,640
1979 $60,180,550
1980 $69,357,630
1981 $69,916,550
1982 $75,504,810
1983 $80,199,600
1984 $90,733,540
1985 $105,121,100
1986 $118,191,400
1987 $128,621,000
1988 $140,788,100
1989 $164,425,500
1990 $175,431,500
1991 $185,201,500
1992 $197,063,100
1993 $202,190,500
1994 $212,599,500
1995 $223,253,200
1996 $239,598,000
1997 $252,723,000
1998 $288,838,100
1999 $309,311,600
2000 $336,498,100
2001 $347,335,500
2002 $353,918,500
2003 $381,929,500
2004 $397,799,100
2005 $428,186,400
2006 $446,038,100
2007 $493,045,200
2008 $550,787,500
2009 $536,831,200
2010 $527,111,500
2011 $538,399,800
2012 $563,646,000
2013 $587,641,100
2014 $622,332,700
2015 $665,630,100
2016 $710,581,500
2017 $754,461,800
2018 $770,204,500
2019 $810,867,500
2020 $696,251,600

Aggregation method: Gap-filled total

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts