Malta - Services, value added (current LCU)

The value for Services, value added (current LCU) in Malta was 9,764,513,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 10,291,060,000 in 2019 and a minimum value of 86,543,600 in 1970.

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
1970 86,543,600
1971 99,580,200
1972 88,756,500
1973 94,384,500
1974 99,290,600
1975 116,638,500
1976 134,361,800
1977 164,552,200
1978 199,377,300
1979 246,284,200
1980 306,731,700
1981 361,754,400
1982 398,990,000
1983 423,453,900
1984 411,494,100
1985 427,581,100
1986 439,073,500
1987 496,947,500
1988 555,837,800
1989 609,620,800
1990 697,376,800
1991 776,969,100
1992 923,007,800
1993 1,036,175,000
1994 1,107,744,000
1995 1,849,947,000
1996 1,997,599,000
1997 2,112,141,000
1998 2,254,984,000
1999 2,389,616,000
2000 2,506,106,000
2001 2,684,071,000
2002 2,781,519,000
2003 2,972,159,000
2004 3,104,150,000
2005 3,305,006,000
2006 3,519,826,000
2007 3,888,661,000
2008 4,199,824,000
2009 4,289,838,000
2010 4,723,494,000
2011 4,842,892,000
2012 5,300,681,000
2013 5,775,388,000
2014 6,491,651,000
2015 7,567,607,000
2016 7,998,572,000
2017 8,904,895,000
2018 9,464,951,000
2019 10,291,060,000
2020 9,764,513,000

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