Mexico - Services, value added (current LCU)

The value for Services, value added (current LCU) in Mexico was 13,880,600,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 14,653,600,000,000 in 2019 and a minimum value of 155,304,400 in 1965.

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
1965 155,304,400
1966 175,318,600
1967 188,810,000
1968 209,367,900
1969 231,691,100
1970 232,929,700
1971 262,287,000
1972 306,700,900
1973 371,419,900
1974 477,210,000
1975 578,744,000
1976 736,586,100
1977 975,168,200
1978 1,239,139,000
1979 1,622,382,000
1980 2,825,302,000
1981 3,927,694,000
1982 6,377,877,000
1983 11,088,820,000
1984 18,185,910,000
1985 29,065,800,000
1986 48,130,060,000
1987 113,651,000,000
1988 235,318,000,000
1989 319,729,000,000
1990 438,632,000,000
1991 570,693,000,000
1992 694,678,000,000
1993 905,197,000,000
1994 1,041,460,000,000
1995 1,357,590,000,000
1996 1,785,830,000,000
1997 2,253,090,000,000
1998 2,739,130,000,000
1999 3,271,500,000,000
2000 3,869,110,000,000
2001 4,127,530,000,000
2002 4,387,180,000,000
2003 4,754,680,000,000
2004 5,243,010,000,000
2005 5,738,130,000,000
2006 6,268,670,000,000
2007 6,808,730,000,000
2008 7,353,290,000,000
2009 7,385,450,000,000
2010 8,068,320,000,000
2011 8,786,510,000,000
2012 9,490,220,000,000
2013 9,946,400,000,000
2014 10,526,500,000,000
2015 11,337,300,000,000
2016 12,230,800,000,000
2017 13,192,700,000,000
2018 14,097,600,000,000
2019 14,653,600,000,000
2020 13,880,600,000,000

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