United Arab Emirates - Services, value added (current LCU)

The value for Services, value added (current LCU) in United Arab Emirates was 767,237,000,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 839,554,000,000 in 2019 and a minimum value of 14,849,000,000 in 1975.

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
1975 14,849,000,000
1976 20,993,000,000
1977 30,613,000,000
1978 28,820,000,000
1979 33,477,000,000
1980 43,393,000,000
1981 56,302,000,000
1982 61,970,000,000
1983 59,498,000,000
1984 55,784,000,000
1985 56,376,000,000
1986 58,143,000,000
1987 59,005,000,000
1988 60,975,000,000
1989 66,565,000,000
1990 74,523,000,000
1991 98,265,000,000
1992 86,262,000,000
1993 96,054,000,000
1994 113,011,000,000
1995 127,111,000,000
1996 140,011,000,000
1997 152,140,000,000
1998 160,622,000,000
1999 172,573,000,000
2000 188,602,000,000
2001 182,442,000,000
2002 202,662,000,000
2003 223,542,000,000
2004 253,290,000,000
2005 284,967,000,000
2006 334,468,000,000
2007 418,501,000,000
2008 476,811,000,000
2009 436,880,000,000
2010 497,063,000,000
2011 531,773,000,000
2012 576,576,000,000
2013 635,390,000,000
2014 689,862,000,000
2015 728,190,000,000
2016 757,578,000,000
2017 802,310,000,000
2018 810,155,000,000
2019 839,554,000,000
2020 767,237,000,000

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