St. Vincent and the Grenadines - Services, value added (current LCU)

The value for Services, value added (current LCU) in St. Vincent and the Grenadines was 1,362,900,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,397,500,000 in 2019 and a minimum value of 84,476,970 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 84,476,970
1978 98,890,400
1979 115,054,300
1980 139,719,300
1981 167,025,600
1982 184,249,400
1983 203,137,600
1984 216,035,200
1985 226,566,500
1986 244,898,500
1987 270,956,400
1988 292,892,600
1989 325,301,300
1990 368,760,000
1991 404,300,000
1992 433,020,000
1993 464,840,000
1994 488,030,000
1995 516,360,000
1996 551,250,000
1997 584,110,000
1998 621,660,000
1999 660,920,000
2000 675,880,000
2001 749,320,000
2002 813,880,000
2003 850,880,000
2004 922,720,000
2005 982,880,000
2006 1,070,400,000
2007 1,168,540,000
2008 1,185,530,000
2009 1,142,140,000
2010 1,162,500,000
2011 1,172,300,000
2012 1,214,000,000
2013 1,260,600,000
2014 1,265,000,000
2015 1,299,900,000
2016 1,315,200,000
2017 1,332,300,000
2018 1,354,200,000
2019 1,397,500,000
2020 1,362,900,000

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