Switzerland - Services, value added (current LCU)

The value for Services, value added (current LCU) in Switzerland was 503,700,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 521,308,000,000 in 2019 and a minimum value of 238,837,000,000 in 1990.

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
1990 238,837,000,000
1991 252,358,000,000
1992 261,920,000,000
1993 269,598,000,000
1994 273,224,000,000
1995 277,658,000,000
1996 285,305,000,000
1997 292,762,000,000
1998 303,474,000,000
1999 307,359,000,000
2000 326,166,000,000
2001 332,847,000,000
2002 332,555,000,000
2003 339,156,000,000
2004 351,001,000,000
2005 363,974,000,000
2006 385,947,000,000
2007 410,972,000,000
2008 428,934,000,000
2009 430,224,000,000
2010 445,844,000,000
2011 452,474,000,000
2012 462,389,000,000
2013 470,156,000,000
2014 481,012,000,000
2015 485,180,000,000
2016 493,061,000,000
2017 498,489,000,000
2018 516,902,000,000
2019 521,308,000,000
2020 503,700,000,000

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