Slovak Republic - Services, value added (current LCU)

The value for Services, value added (current LCU) in Slovak Republic was 55,605,750,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 55,605,750,000 in 2020 and a minimum value of 11,188,080,000 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 11,188,080,000
1996 12,486,250,000
1997 14,372,570,000
1998 15,465,490,000
1999 16,702,490,000
2000 18,111,850,000
2001 19,750,160,000
2002 21,707,300,000
2003 23,445,220,000
2004 25,345,250,000
2005 27,685,490,000
2006 30,100,170,000
2007 33,929,200,000
2008 37,402,280,000
2009 37,789,450,000
2010 40,031,680,000
2011 41,230,300,000
2012 42,649,860,000
2013 44,232,280,000
2014 43,368,960,000
2015 45,732,690,000
2016 47,400,830,000
2017 49,629,050,000
2018 52,006,010,000
2019 54,604,990,000
2020 55,605,750,000

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