Nicaragua - Services, value added (current LCU)

The value for Services, value added (current LCU) in Nicaragua was 213,894,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 213,894,000,000 in 2020 and a minimum value of 13,070,190,000 in 1994.

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
1994 13,070,190,000
1995 15,188,490,000
1996 17,163,630,000
1997 20,120,740,000
1998 23,932,260,000
1999 28,760,290,000
2000 32,234,820,000
2001 35,999,520,000
2002 37,554,380,000
2003 41,854,230,000
2004 46,608,410,000
2005 52,737,800,000
2006 63,886,270,000
2007 73,032,460,000
2008 87,068,660,000
2009 91,485,760,000
2010 96,769,100,000
2011 106,197,000,000
2012 119,145,000,000
2013 131,326,000,000
2014 149,729,000,000
2015 168,896,000,000
2016 188,096,000,000
2017 208,291,000,000
2018 209,652,000,000
2019 211,492,000,000
2020 213,894,000,000

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