Spain - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Spain was 719,599,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 813,068,000,000 in 2019 and a minimum value of 437,903,000,000 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 437,903,000,000
1996 447,876,000,000
1997 461,450,000,000
1998 478,112,000,000
1999 498,195,000,000
2000 524,647,000,000
2001 545,110,000,000
2002 562,694,000,000
2003 579,764,000,000
2004 601,943,000,000
2005 628,014,000,000
2006 658,584,000,000
2007 692,157,000,000
2008 708,453,000,000
2009 703,611,000,000
2010 709,574,000,000
2011 715,876,000,000
2012 705,663,000,000
2013 702,511,000,000
2014 710,381,000,000
2015 732,538,000,000
2016 749,926,000,000
2017 774,341,000,000
2018 794,732,000,000
2019 813,068,000,000
2020 719,599,000,000

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