Macao SAR, China - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Macao SAR, China was 184,931,000,000 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 481,532,000,000 in 2013 and a minimum value of 184,931,000,000 in 2020.

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
2008 223,654,000,000
2009 235,487,000,000
2010 311,769,000,000
2011 387,148,000,000
2012 424,224,000,000
2013 481,532,000,000
2014 464,569,000,000
2015 359,153,000,000
2016 363,380,000,000
2017 403,222,000,000
2018 430,454,000,000
2019 417,363,000,000
2020 184,931,000,000

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