Sri Lanka - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Sri Lanka was 5,595,470,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,678,480,000,000 in 2019 and a minimum value of 290,491,000,000 in 1961.

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
1960 293,090,000,000
1961 290,491,000,000
1962 304,788,000,000
1963 306,043,000,000
1964 334,567,000,000
1965 365,100,000,000
1966 376,790,000,000
1967 381,176,000,000
1968 404,486,000,000
1969 421,687,000,000
1970 428,564,000,000
1971 436,731,000,000
1972 463,225,000,000
1973 487,708,000,000
1974 515,227,000,000
1975 548,419,000,000
1976 556,227,000,000
1977 585,267,000,000
1978 623,191,000,000
1979 665,052,000,000
1980 716,891,000,000
1981 767,013,000,000
1982 825,557,000,000
1983 879,571,000,000
1984 939,090,000,000
1985 968,222,000,000
1986 1,009,090,000,000
1987 1,034,740,000,000
1988 1,057,490,000,000
1989 1,090,470,000,000
1990 1,143,820,000,000
1991 1,214,240,000,000
1992 1,285,110,000,000
1993 1,368,360,000,000
1994 1,441,620,000,000
1995 1,522,320,000,000
1996 1,610,470,000,000
1997 1,719,860,000,000
1998 1,804,490,000,000
1999 1,877,390,000,000
2000 2,002,430,000,000
2001 1,989,280,000,000
2002 2,107,950,000,000
2003 2,268,440,000,000
2004 2,421,190,000,000
2005 2,576,090,000,000
2006 2,775,420,000,000
2007 2,972,930,000,000
2008 3,140,890,000,000
2009 3,243,980,000,000
2010 3,504,320,000,000
2011 3,817,150,000,000
2012 4,245,460,000,000
2013 4,405,640,000,000
2014 4,618,500,000,000
2015 4,894,720,000,000
2016 5,127,620,000,000
2017 5,313,430,000,000
2018 5,555,320,000,000
2019 5,678,480,000,000
2020 5,595,470,000,000

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