Portugal - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Portugal was 120,129,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 130,327,000,000 in 2019 and a minimum value of 86,917,050,000 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
1995 86,917,050,000
1996 88,135,970,000
1997 91,714,540,000
1998 95,676,420,000
1999 99,283,290,000
2000 103,156,000,000
2001 105,678,000,000
2002 107,350,000,000
2003 107,014,000,000
2004 108,984,000,000
2005 110,985,000,000
2006 113,216,000,000
2007 116,983,000,000
2008 119,021,000,000
2009 118,286,000,000
2010 120,186,000,000
2011 119,175,000,000
2012 116,139,000,000
2013 115,849,000,000
2014 116,281,000,000
2015 117,764,000,000
2016 119,947,000,000
2017 123,632,000,000
2018 126,500,000,000
2019 130,327,000,000
2020 120,129,000,000

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