Malaysia - Services, value added (current LCU)

The value for Services, value added (current LCU) in Malaysia was 775,843,000,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 819,619,000,000 in 2019 and a minimum value of 34,605,000,000 in 1987.

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
1987 34,605,000,000
1988 38,930,000,000
1989 46,357,000,000
1990 52,625,000,000
1991 60,562,000,000
1992 68,808,000,000
1993 82,596,000,000
1994 93,712,000,000
1995 106,525,000,000
1996 121,539,000,000
1997 135,948,000,000
1998 138,707,000,000
1999 144,014,000,000
2000 165,019,000,000
2001 173,374,000,000
2002 186,611,000,000
2003 195,608,000,000
2004 211,177,000,000
2005 240,246,000,000
2006 262,145,000,000
2007 296,211,000,000
2008 338,378,000,000
2009 348,131,000,000
2010 398,209,000,000
2011 435,506,000,000
2012 476,131,000,000
2013 508,744,000,000
2014 554,578,000,000
2015 612,173,000,000
2016 656,485,000,000
2017 711,982,000,000
2018 767,183,000,000
2019 819,619,000,000
2020 775,843,000,000

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