St. Kitts and Nevis - Services, value added (current LCU)

The value for Services, value added (current LCU) in St. Kitts and Nevis was 1,698,540,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,972,830,000 in 2019 and a minimum value of 72,670,000 in 1977.

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
1977 72,670,000
1978 83,930,000
1979 100,250,000
1980 110,260,000
1981 141,050,000
1982 152,350,000
1983 156,510,000
1984 179,790,000
1985 209,460,000
1986 233,100,000
1987 258,100,000
1988 288,900,000
1989 326,930,000
1990 365,760,000
1991 401,790,000
1992 439,780,000
1993 482,290,000
1994 561,530,000
1995 570,180,000
1996 609,050,000
1997 686,140,000
1998 695,460,000
1999 724,340,000
2000 761,350,000
2001 784,910,000
2002 828,350,000
2003 835,290,000
2004 929,940,000
2005 1,016,820,000
2006 1,163,180,000
2007 1,269,080,000
2008 1,366,900,000
2009 1,374,060,000
2010 1,383,520,000
2011 1,464,930,000
2012 1,504,020,000
2013 1,581,020,000
2014 1,662,910,000
2015 1,642,020,000
2016 1,709,842,000
2017 1,771,135,000
2018 1,840,542,000
2019 1,972,830,000
2020 1,698,540,000

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