Ireland - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Ireland was 178,811,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 185,301,000,000 in 2019 and a minimum value of 63,082,380,000 in 1995.

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
1995 63,082,380,000
1996 66,548,970,000
1997 72,184,040,000
1998 77,646,170,000
1999 83,116,280,000
2000 88,023,570,000
2001 91,124,530,000
2002 94,941,820,000
2003 96,438,540,000
2004 103,459,000,000
2005 110,375,000,000
2006 116,976,000,000
2007 127,933,000,000
2008 128,641,000,000
2009 121,965,000,000
2010 124,769,000,000
2011 125,227,000,000
2012 122,582,000,000
2013 126,295,000,000
2014 134,222,000,000
2015 140,750,000,000
2016 144,957,000,000
2017 157,427,000,000
2018 173,604,000,000
2019 185,301,000,000
2020 178,811,000,000

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