Nicaragua - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Nicaragua was 89,502,830,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 102,274,000,000 in 2017 and a minimum value of 32,733,150,000 in 1960.

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
1960 32,733,150,000
1961 33,743,680,000
1962 34,375,970,000
1963 36,874,690,000
1964 39,392,740,000
1965 41,926,400,000
1966 43,143,320,000
1967 44,675,750,000
1968 46,721,850,000
1969 48,136,380,000
1970 51,678,330,000
1971 52,912,130,000
1972 52,640,060,000
1973 55,865,950,000
1974 61,772,420,000
1975 60,893,230,000
1976 63,773,950,000
1977 67,707,140,000
1978 55,676,140,000
1979 40,413,210,000
1980 44,908,310,000
1981 46,718,230,000
1982 46,004,520,000
1983 45,703,740,000
1984 44,450,680,000
1985 42,311,080,000
1986 42,053,470,000
1987 42,328,580,000
1988 37,682,960,000
1989 37,169,270,000
1990 37,140,090,000
1991 38,186,450,000
1992 38,656,590,000
1993 38,074,840,000
1994 38,564,210,000
1995 39,979,200,000
1996 41,805,000,000
1997 44,287,290,000
1998 46,519,490,000
1999 49,167,650,000
2000 51,127,560,000
2001 53,228,520,000
2002 54,750,290,000
2003 56,837,300,000
2004 59,496,820,000
2005 61,428,100,000
2006 63,886,270,000
2007 66,844,100,000
2008 70,819,410,000
2009 69,544,970,000
2010 73,068,940,000
2011 76,010,870,000
2012 79,949,150,000
2013 83,805,060,000
2014 88,103,330,000
2015 92,581,270,000
2016 97,556,230,000
2017 102,274,000,000
2018 97,405,060,000
2019 92,579,810,000
2020 89,502,830,000

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