Marshall Islands - Services, value added (current US$)

The latest value for Services, value added (current US$) in Marshall Islands was $164,200,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $164,200,000 in 2020 and $75,962,300 in 1999.

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
1997 $76,179,200
1998 $76,614,300
1999 $75,962,300
2000 $83,738,500
2001 $87,976,000
2002 $94,022,400
2003 $97,073,400
2004 $102,730,900
2005 $106,777,700
2006 $108,388,400
2007 $112,605,200
2008 $116,902,400
2009 $113,904,900
2010 $114,615,000
2011 $118,773,000
2012 $120,880,100
2013 $125,976,800
2014 $131,002,900
2015 $138,430,900
2016 $143,781,400
2017 $153,713,100
2018 $159,710,000
2019 $162,931,100
2020 $164,200,000

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