Guyana - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Guyana was 380,278,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 419,928,000,000 in 2019 and a minimum value of 100,577,000,000 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 constant local currency.

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

Year Value
1960 113,692,000,000
1961 118,677,000,000
1962 113,660,000,000
1963 100,577,000,000
1964 111,031,000,000
1965 124,129,000,000
1966 132,892,000,000
1967 137,383,000,000
1968 136,398,000,000
1969 140,977,000,000
1970 149,341,000,000
1971 157,838,000,000
1972 160,425,000,000
1973 182,317,000,000
1974 151,703,000,000
1975 157,672,000,000
1976 193,045,000,000
1977 193,263,000,000
1978 184,640,000,000
1979 182,912,000,000
1980 173,475,000,000
1981 194,272,000,000
1982 173,997,000,000
1983 170,470,000,000
1984 160,665,000,000
1985 155,809,000,000
1986 148,363,000,000
1987 132,017,000,000
1988 142,301,000,000
1989 140,526,000,000
1990 142,841,000,000
1991 142,609,000,000
1992 144,461,000,000
1993 149,400,000,000
1994 160,744,000,000
1995 170,313,000,000
1996 182,815,000,000
1997 194,853,000,000
1998 198,634,000,000
1999 193,773,000,000
2000 204,113,000,000
2001 206,351,000,000
2002 205,657,000,000
2003 209,978,000,000
2004 214,763,000,000
2005 231,509,000,000
2006 250,261,000,000
2007 271,390,000,000
2008 287,147,000,000
2009 304,078,000,000
2010 321,755,000,000
2011 334,220,000,000
2012 357,054,000,000
2013 363,004,000,000
2014 373,284,000,000
2015 371,821,000,000
2016 381,080,000,000
2017 391,745,000,000
2018 403,184,000,000
2019 419,928,000,000
2020 380,278,000,000

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