Honduras - Services, value added (current LCU)

The value for Services, value added (current LCU) in Honduras was 341,728,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 354,590,000,000 in 2019 and a minimum value of 265,200,000 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 current local currency.

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

Year Value
1960 265,200,000
1961 277,500,000
1962 295,300,000
1963 320,900,000
1964 354,600,000
1965 378,000,000
1966 418,700,000
1967 445,900,000
1968 478,900,000
1969 513,500,000
1970 593,000,100
1971 607,000,100
1972 676,000,100
1973 747,000,100
1974 846,000,000
1975 968,000,100
1976 1,162,000,000
1977 1,355,000,000
1978 2,265,595,000
1979 2,767,165,000
1980 3,302,552,000
1981 3,654,355,000
1982 3,969,420,000
1983 4,364,345,000
1984 4,779,589,000
1985 5,258,372,000
1986 5,662,440,000
1987 6,064,581,000
1988 6,649,715,000
1989 7,386,280,000
1990 8,956,752,000
1991 11,477,650,000
1992 12,387,070,000
1993 15,271,030,000
1994 17,922,970,000
1995 23,646,310,000
1996 28,270,670,000
1997 35,727,090,000
1998 41,239,330,000
1999 46,663,770,000
2000 54,116,000,000
2001 62,782,800,000
2002 70,835,600,000
2003 79,497,100,000
2004 90,485,500,000
2005 103,628,000,000
2006 117,486,000,000
2007 136,269,000,000
2008 156,505,000,000
2009 168,313,000,000
2010 181,473,000,000
2011 195,007,000,000
2012 211,817,000,000
2013 229,590,000,000
2014 249,418,000,000
2015 270,871,000,000
2016 289,521,000,000
2017 308,922,000,000
2018 329,863,000,000
2019 354,590,000,000
2020 341,728,000,000

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