Micronesia - Services, value added (current US$)

The latest value for Services, value added (current US$) in Micronesia was $273,909,400 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $273,909,400 in 2020 and $136,124,100 in 1998.

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
1995 $144,986,600
1996 $144,324,300
1997 $136,511,200
1998 $136,124,100
1999 $140,065,200
2000 $146,407,400
2001 $154,661,700
2002 $159,209,800
2003 $157,585,800
2004 $156,829,500
2005 $162,530,200
2006 $168,667,100
2007 $167,674,500
2008 $169,231,500
2009 $172,193,100
2010 $180,307,800
2011 $183,311,100
2012 $187,166,700
2013 $189,785,400
2014 $204,323,300
2015 $195,760,000
2016 $202,644,900
2017 $222,601,700
2018 $268,348,200
2019 $272,487,100
2020 $273,909,400

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