Gabon - Services, value added (current LCU)

The value for Services, value added (current LCU) in Gabon was 4,031,380,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,050,320,000,000 in 2019 and a minimum value of 6,730,923,000 in 1963.

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 local currency.

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

Year Value
1960 11,757,630,000
1961 13,659,510,000
1962 15,009,610,000
1963 6,730,923,000
1964 20,644,940,000
1965 22,100,000,000
1966 24,099,980,000
1967 25,399,990,000
1968 26,300,020,000
1969 29,599,880,000
1970 30,300,010,000
1971 42,700,010,000
1972 38,699,990,000
1973 65,300,110,000
1974 105,700,000,000
1975 144,800,000,000
1976 234,700,000,000
1977 250,400,000,000
1978 192,300,000,000
1979 198,500,000,000
1980 296,700,000,000
1981 372,300,000,000
1982 395,200,000,000
1983 473,800,000,000
1984 532,200,000,000
1985 400,950,000,000
1986 509,840,000,000
1987 396,090,000,000
1988 616,440,000,000
1989 662,200,000,000
1990 805,100,000,000
1991 728,021,000,000
1992 716,872,000,000
1993 708,280,000,000
1994 891,033,000,000
1995 980,300,000,000
1996 1,093,500,000,000
1997 1,216,600,000,000
1998 1,318,200,000,000
1999 1,260,100,000,000
2000 1,354,200,000,000
2001 1,395,890,000,000
2002 1,438,510,000,000
2003 1,465,800,000,000
2004 1,486,790,000,000
2005 1,493,810,000,000
2006 1,668,330,000,000
2007 1,868,860,000,000
2008 2,012,830,000,000
2009 2,097,530,000,000
2010 2,192,300,000,000
2011 2,199,680,000,000
2012 2,406,900,000,000
2013 2,572,900,000,000
2014 2,937,300,000,000
2015 3,318,830,000,000
2016 3,469,090,000,000
2017 3,697,260,000,000
2018 3,852,320,000,000
2019 4,050,320,000,000
2020 4,031,380,000,000

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