Rwanda - Services, value added (current LCU)

The value for Services, value added (current LCU) in Rwanda was 4,523,870,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 4,574,980,000,000 in 2019 and a minimum value of 1,365,597,000 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
1965 1,365,597,000
1966 2,000,800,000
1967 3,893,601,000
1968 4,343,202,000
1969 4,684,104,000
1970 6,550,001,000
1971 6,700,000,000
1972 7,039,999,000
1973 7,379,999,000
1974 9,080,002,000
1975 16,790,000,000
1976 19,730,000,000
1977 23,160,000,000
1978 28,740,010,000
1979 30,990,000,000
1980 35,210,000,000
1981 47,180,000,000
1982 50,395,200,000
1983 53,624,400,000
1984 57,159,500,000
1985 61,625,200,000
1986 67,096,090,000
1987 76,217,300,000
1988 79,922,300,000
1989 81,481,510,000
1990 91,424,990,000
1991 112,280,000,000
1992 130,607,000,000
1993 136,298,000,000
1994 48,200,000,000
1995 135,753,000,000
1996 147,278,000,000
1997 197,800,000,000
1998 222,300,000,000
1999 301,390,000,000
2000 357,261,000,000
2001 378,182,000,000
2002 414,709,000,000
2003 501,909,000,000
2004 582,305,000,000
2005 695,774,000,000
2006 827,494,000,000
2007 1,072,420,000,000
2008 1,395,980,000,000
2009 1,595,650,000,000
2010 1,780,410,000,000
2011 1,978,540,000,000
2012 2,295,680,000,000
2013 2,516,760,000,000
2014 2,765,830,000,000
2015 3,057,540,000,000
2016 3,372,080,000,000
2017 3,683,730,000,000
2018 4,126,610,000,000
2019 4,574,980,000,000
2020 4,523,870,000,000

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