Tonga - Services, value added (current LCU)

The value for Services, value added (current LCU) in Tonga was 578,300,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 578,300,000 in 2020 and a minimum value of 122,666,100 in 1994.

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
1994 122,666,100
1995 125,322,700
1996 130,309,500
1997 134,116,900
1998 142,023,200
1999 153,731,300
2000 167,459,000
2001 180,120,700
2002 200,041,300
2003 217,233,200
2004 234,399,400
2005 260,433,700
2006 314,356,300
2007 308,426,700
2008 345,749,900
2009 356,118,900
2010 379,234,100
2011 392,664,700
2012 413,135,000
2013 423,348,800
2014 430,658,300
2015 453,287,000
2016 485,693,400
2017 515,780,900
2018 541,897,000
2019 573,100,000
2020 578,300,000

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