Palau - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Palau was 182,100,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 220,567,900 in 2015 and a minimum value of 162,890,000 in 2000.

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
2000 162,890,000
2001 167,079,200
2002 166,825,600
2003 173,193,900
2004 182,160,900
2005 186,636,000
2006 189,879,500
2007 196,855,100
2008 185,615,000
2009 180,563,500
2010 179,970,100
2011 189,427,500
2012 192,616,400
2013 191,754,300
2014 202,540,300
2015 220,567,900
2016 219,000,000
2017 213,400,000
2018 217,100,000
2019 213,000,000
2020 182,100,000

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