Lesotho - Services, value added (current LCU)

The value for Services, value added (current LCU) in Lesotho was 16,184,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 17,773,690,000 in 2019 and a minimum value of 1,399,300 in 1961.

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 1,618,400
1961 1,399,300
1962 1,432,700
1963 2,454,800
1964 2,621,700
1965 4,276,300
1966 13,556,800
1967 15,645,900
1968 16,768,400
1969 18,213,100
1970 18,132,600
1971 29,451,700
1972 23,438,900
1973 22,124,500
1974 35,292,500
1975 42,376,000
1976 49,977,100
1977 55,890,100
1978 65,802,300
1979 70,507,100
1980 149,705,600
1981 168,002,500
1982 243,735,800
1983 279,058,200
1984 317,878,900
1985 387,249,300
1986 444,501,500
1987 498,048,800
1988 627,080,100
1989 755,720,100
1990 862,948,200
1991 1,086,273,000
1992 1,259,639,000
1993 1,459,746,000
1994 1,682,585,000
1995 1,933,343,000
1996 2,222,060,000
1997 2,594,849,000
1998 2,826,160,000
1999 2,972,771,000
2000 3,160,034,000
2001 3,431,391,000
2002 4,015,540,000
2003 4,312,429,000
2004 4,754,193,000
2005 5,229,226,000
2006 5,784,278,000
2007 5,780,337,000
2008 7,034,861,000
2009 7,949,260,000
2010 8,807,668,000
2011 9,717,497,000
2012 10,753,760,000
2013 12,536,050,000
2014 14,058,860,000
2015 15,515,280,000
2016 16,585,610,000
2017 16,747,180,000
2018 17,185,330,000
2019 17,773,690,000
2020 16,184,000,000

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