Morocco - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Morocco was 487,533,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 524,599,000,000 in 2019 and a minimum value of 111,205,000,000 in 1980.

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 constant local currency.

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

Year Value
1980 111,205,000,000
1981 114,486,000,000
1982 120,549,000,000
1983 125,073,000,000
1984 132,912,000,000
1985 137,787,000,000
1986 143,012,000,000
1987 147,632,000,000
1988 157,313,000,000
1989 164,530,000,000
1990 170,116,000,000
1991 178,367,000,000
1992 187,209,000,000
1993 187,779,000,000
1994 194,554,000,000
1995 197,722,000,000
1996 204,221,000,000
1997 207,732,000,000
1998 216,694,000,000
1999 228,122,000,000
2000 240,370,000,000
2001 254,988,000,000
2002 261,217,000,000
2003 273,030,000,000
2004 288,444,000,000
2005 307,027,000,000
2006 323,874,000,000
2007 346,557,000,000
2008 361,903,000,000
2009 375,194,000,000
2010 386,183,000,000
2011 410,094,000,000
2012 435,946,000,000
2013 444,426,000,000
2014 454,858,000,000
2015 462,475,000,000
2016 476,016,000,000
2017 489,214,000,000
2018 504,315,000,000
2019 524,599,000,000
2020 487,533,000,000

Base Period: varies by country

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