Pacific island small states - Services, value added (current US$)

The latest value for Services, value added (current US$) in Pacific island small states was $5,233,035,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $6,086,271,000 in 2018 and $1,875,448,000 in 1998.

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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $2,043,326,000
1996 $2,214,188,000
1997 $2,210,364,000
1998 $1,875,448,000
1999 $2,122,183,000
2000 $2,010,475,000
2001 $2,012,583,000
2002 $2,169,468,000
2003 $2,574,690,000
2004 $2,926,558,000
2005 $3,393,889,000
2006 $3,545,785,000
2007 $3,910,669,000
2008 $4,108,100,000
2009 $3,612,556,000
2010 $3,998,175,000
2011 $4,661,914,000
2012 $4,846,990,000
2013 $4,974,681,000
2014 $5,378,431,000
2015 $5,287,506,000
2016 $5,462,512,000
2017 $5,863,641,000
2018 $6,086,271,000
2019 $6,052,510,000
2020 $5,233,035,000

Aggregation method: Gap-filled total

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