Portugal - Services, value added (current LCU)

The value for Services, value added (current LCU) in Portugal was 131,361,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 140,686,000,000 in 2019 and a minimum value of 52,086,840,000 in 1995.

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
1995 52,086,840,000
1996 54,542,880,000
1997 59,810,940,000
1998 65,197,590,000
1999 70,548,090,000
2000 77,116,100,000
2001 82,296,860,000
2002 87,343,960,000
2003 90,806,980,000
2004 95,327,670,000
2005 99,929,650,000
2006 104,656,000,000
2007 111,539,000,000
2008 116,129,000,000
2009 117,292,000,000
2010 118,659,000,000
2011 116,833,000,000
2012 111,810,000,000
2013 114,061,000,000
2014 114,772,000,000
2015 117,764,000,000
2016 122,096,000,000
2017 128,076,000,000
2018 133,688,000,000
2019 140,686,000,000
2020 131,361,000,000

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