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

The value for Services, value added (constant LCU) in St. Vincent and the Grenadines was 1,138,600,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,178,500,000 in 2019 and a minimum value of 306,856,100 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 306,856,100
1978 324,995,200
1979 335,534,200
1980 352,334,300
1981 350,346,400
1982 365,582,000
1983 378,517,600
1984 391,505,200
1985 406,747,900
1986 426,465,500
1987 425,676,600
1988 467,726,400
1989 481,978,400
1990 509,000,000
1991 537,170,000
1992 566,350,000
1993 602,970,000
1994 625,660,000
1995 650,290,000
1996 667,560,000
1997 706,810,000
1998 734,550,000
1999 762,500,000
2000 795,510,000
2001 816,890,000
2002 866,740,000
2003 928,850,000
2004 975,360,000
2005 1,004,430,000
2006 1,070,400,000
2007 1,087,950,000
2008 1,101,350,000
2009 1,073,310,000
2010 1,069,800,000
2011 1,076,000,000
2012 1,098,700,000
2013 1,121,000,000
2014 1,132,800,000
2015 1,135,800,000
2016 1,143,300,000
2017 1,139,600,000
2018 1,158,700,000
2019 1,178,500,000
2020 1,138,600,000

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