Slovak Republic - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Slovak Republic was 50,705,220,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 50,705,220,000 in 2020 and a minimum value of 24,575,070,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 24,575,070,000
1996 25,773,190,000
1997 27,814,860,000
1998 28,238,020,000
1999 28,973,640,000
2000 28,810,280,000
2001 29,804,390,000
2002 30,498,000,000
2003 31,171,100,000
2004 31,248,500,000
2005 33,121,990,000
2006 35,177,890,000
2007 38,967,640,000
2008 41,306,370,000
2009 40,846,460,000
2010 42,912,480,000
2011 43,298,670,000
2012 44,302,230,000
2013 45,279,480,000
2014 43,822,210,000
2015 45,732,690,000
2016 47,312,620,000
2017 48,783,920,000
2018 49,651,550,000
2019 50,656,930,000
2020 50,705,220,000

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