Guyana - Services, value added (current LCU)

The value for Services, value added (current LCU) in Guyana was 443,983,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 482,335,000,000 in 2019 and a minimum value of 110,100,000 in 1963.

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
1960 112,300,000
1961 122,300,000
1962 120,500,000
1963 110,100,000
1964 121,300,000
1965 133,100,000
1966 144,700,000
1967 156,500,000
1968 167,000,000
1969 174,600,000
1970 190,600,000
1971 206,100,000
1972 230,200,000
1973 278,300,000
1974 317,900,000
1975 379,200,000
1976 437,400,000
1977 444,600,000
1978 488,100,000
1979 515,100,000
1980 546,000,000
1981 638,000,000
1982 596,000,000
1983 636,000,000
1984 715,000,000
1985 794,000,000
1986 848,999,900
1987 1,199,000,000
1988 1,598,000,000
1989 2,780,000,000
1990 5,117,000,000
1991 9,956,000,000
1992 12,210,000,000
1993 13,921,000,000
1994 16,638,000,000
1995 19,313,000,000
1996 22,460,000,000
1997 27,655,000,000
1998 31,309,800,000
1999 37,187,000,000
2000 43,101,400,000
2001 45,757,000,000
2002 47,803,430,000
2003 50,995,000,000
2004 54,465,600,000
2005 62,524,600,000
2006 191,833,000,000
2007 224,278,000,000
2008 243,470,000,000
2009 264,580,000,000
2010 290,563,000,000
2011 322,328,000,000
2012 357,054,000,000
2013 367,747,000,000
2014 381,622,000,000
2015 389,794,000,000
2016 410,093,000,000
2017 434,586,000,000
2018 457,002,000,000
2019 482,335,000,000
2020 443,983,000,000

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