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

The value for Services, value added (constant LCU) in St. Kitts and Nevis was 1,393,680,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,605,404,000 in 2019 and a minimum value of 280,310,000 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 constant local currency.

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

Year Value
1977 280,310,000
1978 291,240,000
1979 309,860,000
1980 324,950,000
1981 337,530,000
1982 350,720,000
1983 356,030,000
1984 401,020,000
1985 441,940,000
1986 486,670,000
1987 507,560,000
1988 542,300,000
1989 567,630,000
1990 605,010,000
1991 638,390,000
1992 669,020,000
1993 709,830,000
1994 755,620,000
1995 764,430,000
1996 805,080,000
1997 855,530,000
1998 837,690,000
1999 851,610,000
2000 905,070,000
2001 898,720,000
2002 919,990,000
2003 932,200,000
2004 998,400,000
2005 1,100,780,000
2006 1,163,180,000
2007 1,210,470,000
2008 1,283,310,000
2009 1,264,200,000
2010 1,295,720,000
2011 1,314,590,000
2012 1,316,240,000
2013 1,351,590,000
2014 1,412,300,000
2015 1,427,930,000
2016 1,486,160,000
2017 1,489,084,000
2018 1,549,298,000
2019 1,605,404,000
2020 1,393,680,000

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