Tanzania - Services, value added (current LCU)

The value for Services, value added (current LCU) in Tanzania was 51,906,600,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 51,906,600,000,000 in 2020 and a minimum value of 276,579,000,000 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 276,579,000,000
1991 346,050,000,000
1992 456,800,000,000
1993 583,933,000,000
1994 847,632,000,000
1995 1,072,690,000,000
1996 1,303,400,000,000
1997 1,666,330,000,000
1998 3,885,200,000,000
1999 4,613,950,000,000
2000 5,254,850,000,000
2001 5,844,360,000,000
2002 6,507,900,000,000
2003 7,271,060,000,000
2004 8,189,180,000,000
2005 9,363,490,000,000
2006 10,635,300,000,000
2007 12,384,100,000,000
2008 14,624,400,000,000
2009 17,106,500,000,000
2010 19,353,600,000,000
2011 22,348,900,000,000
2012 25,308,500,000,000
2013 29,384,700,000,000
2014 34,111,600,000,000
2015 38,146,500,000,000
2016 42,747,400,000,000
2017 45,068,800,000,000
2018 48,059,600,000,000
2019 51,433,600,000,000
2020 51,906,600,000,000

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