Netherlands - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Netherlands was 505,720,000,000 as of 2020. As the graph below shows, over the past 51 years this indicator reached a maximum value of 528,311,000,000 in 2019 and a minimum value of 126,150,000,000 in 1969.

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
1969 126,150,000,000
1970 136,050,000,000
1971 145,213,000,000
1972 152,095,000,000
1973 162,245,000,000
1974 171,213,000,000
1975 175,466,000,000
1976 183,681,000,000
1977 190,635,000,000
1978 199,240,000,000
1979 206,082,000,000
1980 210,806,000,000
1981 213,502,000,000
1982 213,286,000,000
1983 218,230,000,000
1984 223,989,000,000
1985 229,112,000,000
1986 235,284,000,000
1987 241,110,000,000
1988 246,986,000,000
1989 257,382,000,000
1990 268,971,000,000
1991 276,348,000,000
1992 281,623,000,000
1993 286,758,000,000
1994 294,180,000,000
1995 304,000,000,000
1996 315,514,000,000
1997 333,507,000,000
1998 350,949,000,000
1999 368,396,000,000
2000 385,778,000,000
2001 395,622,000,000
2002 397,127,000,000
2003 399,472,000,000
2004 406,538,000,000
2005 415,226,000,000
2006 431,114,000,000
2007 447,270,000,000
2008 459,004,000,000
2009 449,319,000,000
2010 456,198,000,000
2011 465,313,000,000
2012 463,592,000,000
2013 465,042,000,000
2014 473,534,000,000
2015 483,452,000,000
2016 492,503,000,000
2017 505,036,000,000
2018 516,475,000,000
2019 528,311,000,000
2020 505,720,000,000

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