Lithuania - Services, value added (current LCU)

The value for Services, value added (current LCU) in Lithuania was 30,499,250,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 30,499,250,000 in 2020 and a minimum value of 3,979,450,000 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 current local currency.

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

Year Value
1995 3,979,450,000
1996 5,035,860,000
1997 6,008,756,000
1998 6,864,926,000
1999 7,020,792,000
2000 7,602,164,000
2001 8,087,455,000
2002 8,788,831,000
2003 9,543,864,000
2004 10,330,910,000
2005 11,860,720,000
2006 13,555,120,000
2007 16,446,450,000
2008 18,696,710,000
2009 16,831,360,000
2010 17,023,910,000
2011 18,315,410,000
2012 19,537,120,000
2013 20,928,800,000
2014 21,765,770,000
2015 22,371,950,000
2016 23,698,160,000
2017 25,551,000,000
2018 27,956,470,000
2019 30,046,290,000
2020 30,499,250,000

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