Guatemala - Services, value added (current LCU)

The value for Services, value added (current LCU) in Guatemala was 370,737,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 371,379,000,000 in 2019 and a minimum value of 721,895,400 in 1965.

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 local currency.

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

Year Value
1965 721,895,400
1966 746,167,600
1967 785,282,500
1968 860,252,900
1969 920,160,000
1970 1,028,523,000
1971 1,061,608,000
1972 1,112,605,000
1973 1,359,329,000
1974 1,687,540,000
1975 1,949,015,000
1976 2,296,253,000
1977 2,894,375,000
1978 3,214,983,000
1979 3,664,853,000
1980 4,188,975,000
1981 4,585,034,000
1982 4,675,744,000
1983 4,900,929,000
1984 5,172,274,000
1985 6,090,684,000
1986 8,599,880,000
1987 9,594,899,000
1988 11,086,200,000
1989 12,851,300,000
1990 18,645,450,000
1991 25,867,070,000
1992 29,533,110,000
1993 35,497,130,000
1994 41,685,710,000
1995 47,847,570,000
1996 53,714,770,000
1997 60,731,640,000
1998 70,154,260,000
1999 76,888,680,000
2000 85,934,130,000
2001 79,254,030,000
2002 86,894,550,000
2003 93,969,000,000
2004 102,983,000,000
2005 114,994,000,000
2006 128,275,000,000
2007 146,854,000,000
2008 168,947,000,000
2009 178,584,000,000
2010 194,919,000,000
2011 215,236,000,000
2012 231,265,000,000
2013 253,324,000,000
2014 272,415,000,000
2015 292,511,000,000
2016 310,673,000,000
2017 328,931,000,000
2018 346,953,000,000
2019 371,379,000,000
2020 370,737,000,000

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