Malawi - Services, value added (current US$)

The latest value for Services, value added (current US$) in Malawi was $6,409,417,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $6,409,417,000 in 2020 and $62,438,750 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 U.S. dollars.

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

See also:

Year Value
1960 $62,438,750
1961 $66,218,680
1962 $70,138,600
1963 $73,498,530
1964 $70,418,590
1965 $81,058,380
1966 $96,318,070
1967 $97,210,710
1968 $90,243,610
1969 $97,803,910
1970 $104,404,200
1971 $135,395,400
1972 $139,720,600
1973 $173,074,600
1974 $215,168,800
1975 $242,996,100
1976 $267,798,500
1977 $299,590,200
1978 $360,673,200
1979 $174,885,800
1980 $374,396,100
1981 $429,802,000
1982 $405,395,900
1983 $400,381,800
1984 $409,957,100
1985 $353,792,300
1986 $376,507,700
1987 $271,040,700
1988 $311,530,200
1989 $329,869,200
1990 $419,944,400
1991 $586,896,200
1992 $480,290,900
1993 $511,673,600
1994 $560,488,300
1995 $616,930,400
1996 $949,719,500
1997 $1,221,823,000
1998 $730,677,600
1999 $709,146,600
2000 $668,996,400
2001 $695,390,100
2002 $1,373,265,000
2003 $1,248,185,000
2004 $1,369,339,000
2005 $1,496,015,000
2006 $1,700,655,000
2007 $1,970,656,000
2008 $2,482,642,000
2009 $2,908,248,000
2010 $3,336,446,000
2011 $3,833,214,000
2012 $2,965,651,000
2013 $2,744,907,000
2014 $3,011,589,000
2015 $3,199,447,000
2016 $2,817,135,000
2017 $4,751,009,000
2018 $5,289,436,000
2019 $5,778,001,000
2020 $6,409,417,000

Aggregation method: Gap-filled total

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