Guatemala - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Guatemala was 309,645,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 315,663,000,000 in 2019 and a minimum value of 22,792,480,000 in 1960.

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 constant local currency.

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

Year Value
1960 22,792,480,000
1961 23,519,670,000
1962 24,570,850,000
1963 27,218,040,000
1964 28,863,730,000
1965 30,482,970,000
1966 32,055,920,000
1967 33,655,290,000
1968 36,776,690,000
1969 38,490,500,000
1970 41,229,170,000
1971 43,314,360,000
1972 45,886,260,000
1973 49,131,720,000
1974 52,878,210,000
1975 53,290,350,000
1976 57,850,120,000
1977 62,691,950,000
1978 65,626,320,000
1979 68,092,420,000
1980 69,946,430,000
1981 70,349,430,000
1982 67,217,280,000
1983 65,198,150,000
1984 65,958,000,000
1985 64,498,170,000
1986 63,551,210,000
1987 65,482,930,000
1988 67,629,780,000
1989 70,228,960,000
1990 71,858,040,000
1991 74,758,850,000
1992 78,143,640,000
1993 81,493,370,000
1994 85,795,910,000
1995 90,540,720,000
1996 93,107,900,000
1997 96,783,790,000
1998 101,814,000,000
1999 105,568,000,000
2000 110,251,000,000
2001 158,871,000,000
2002 164,149,000,000
2003 169,430,000,000
2004 176,147,000,000
2005 182,907,000,000
2006 193,249,000,000
2007 205,848,000,000
2008 215,899,000,000
2009 218,736,000,000
2010 226,868,000,000
2011 235,680,000,000
2012 244,166,000,000
2013 253,324,000,000
2014 263,374,000,000
2015 275,375,000,000
2016 283,740,000,000
2017 293,460,000,000
2018 303,998,000,000
2019 315,663,000,000
2020 309,645,000,000

Base Period: varies by country

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