Nepal - Services, value added (current LCU)

The value for Services, value added (current LCU) in Nepal was 2,086,960,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,086,960,000,000 in 2020 and a minimum value of 1,298,000,000 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
1960 3,819,000,000
1961 3,997,000,000
1962 4,313,000,000
1963 4,552,000,000
1964 4,953,000,000
1965 1,298,000,000
1966 1,361,000,000
1967 1,445,000,000
1968 1,508,000,000
1969 1,693,000,000
1970 1,845,000,000
1971 1,984,000,000
1972 2,152,001,000
1973 2,296,001,000
1974 2,547,000,000
1975 3,198,000,000
1976 3,625,000,000
1977 4,045,000,000
1978 4,611,001,000
1979 4,925,000,000
1980 5,757,999,000
1981 6,808,001,000
1982 7,589,000,000
1983 8,512,000,000
1984 9,772,999,000
1985 14,605,000,000
1986 17,223,000,000
1987 20,194,000,000
1988 23,783,000,000
1989 27,964,000,000
1990 31,407,000,000
1991 41,539,000,000
1992 50,447,400,000
1993 61,596,000,000
1994 65,899,000,000
1995 72,718,000,000
1996 83,061,000,000
1997 93,745,000,000
1998 106,001,000,000
1999 118,291,000,000
2000 131,723,000,000
2001 196,268,000,000
2002 200,101,000,000
2003 217,205,000,000
2004 242,460,000,000
2005 270,152,000,000
2006 313,528,000,000
2007 355,012,000,000
2008 401,339,000,000
2009 480,436,000,000
2010 553,433,000,000
2011 746,912,000,000
2012 843,801,000,000
2013 950,383,000,000
2014 1,106,530,000,000
2015 1,224,900,000,000
2016 1,345,770,000,000
2017 1,595,490,000,000
2018 1,782,940,000,000
2019 2,007,520,000,000
2020 2,086,960,000,000

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