Belarus - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Belarus was 36,600,640,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 37,390,880,000 in 2019 and a minimum value of 12,553,280,000 in 1995.

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
1990 18,862,590,000
1991 18,325,190,000
1992 15,661,460,000
1993 14,250,720,000
1994 14,645,410,000
1995 12,553,280,000
1996 12,789,670,000
1997 14,559,800,000
1998 16,030,420,000
1999 17,199,150,000
2000 18,127,940,000
2001 19,456,730,000
2002 20,061,180,000
2003 20,956,160,000
2004 22,434,690,000
2005 24,268,290,000
2006 26,233,220,000
2007 27,443,090,000
2008 28,766,760,000
2009 29,002,250,000
2010 31,683,330,000
2011 34,125,850,000
2012 33,794,150,000
2013 35,713,900,000
2014 36,786,200,000
2015 36,242,100,000
2016 35,318,700,000
2017 35,807,700,000
2018 36,851,800,000
2019 37,390,880,000
2020 36,600,640,000

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