Vietnam - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Vietnam was 1,487,630,000,000,000 as of 2020. As the graph below shows, over the past 35 years this indicator reached a maximum value of 1,487,630,000,000,000 in 2020 and a minimum value of 161,885,000,000,000 in 1986.

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
1985 166,234,000,000,000
1986 161,885,000,000,000
1987 169,155,000,000,000
1988 180,271,000,000,000
1989 207,526,000,000,000
1990 228,730,000,000,000
1991 246,437,000,000,000
1992 264,821,000,000,000
1993 287,661,000,000,000
1994 315,204,000,000,000
1995 346,197,000,000,000
1996 376,664,000,000,000
1997 403,692,000,000,000
1998 424,034,000,000,000
1999 433,584,000,000,000
2000 456,635,000,000,000
2001 483,969,000,000,000
2002 516,791,000,000,000
2003 550,595,000,000,000
2004 589,640,000,000,000
2005 640,319,000,000,000
2006 694,013,000,000,000
2007 753,263,000,000,000
2008 810,158,000,000,000
2009 863,200,000,000,000
2010 797,155,000,000,000
2011 856,691,000,000,000
2012 914,177,000,000,000
2013 975,592,000,000,000
2014 1,035,730,000,000,000
2015 1,101,240,000,000,000
2016 1,178,140,000,000,000
2017 1,265,820,000,000,000
2018 1,354,800,000,000,000
2019 1,453,680,000,000,000
2020 1,487,630,000,000,000

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