Morocco - Services, value added (current LCU)

The value for Services, value added (current LCU) in Morocco was 553,714,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 587,701,000,000 in 2019 and a minimum value of 39,968,300,000 in 1980.

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
1980 39,968,300,000
1981 44,842,360,000
1982 50,528,320,000
1983 54,193,990,000
1984 62,077,260,000
1985 70,496,330,000
1986 81,105,350,000
1987 87,160,090,000
1988 94,994,870,000
1989 101,421,000,000
1990 111,842,000,000
1991 124,302,000,000
1992 133,388,000,000
1993 138,662,000,000
1994 149,067,000,000
1995 160,008,000,000
1996 169,448,000,000
1997 173,862,000,000
1998 189,880,000,000
1999 200,740,000,000
2000 208,733,000,000
2001 226,168,000,000
2002 236,985,000,000
2003 250,026,000,000
2004 267,707,000,000
2005 289,099,000,000
2006 310,354,000,000
2007 346,557,000,000
2008 367,279,000,000
2009 385,516,000,000
2010 400,440,000,000
2011 429,475,000,000
2012 453,370,000,000
2013 463,212,000,000
2014 477,665,000,000
2015 491,424,000,000
2016 510,699,000,000
2017 531,382,000,000
2018 555,797,000,000
2019 587,701,000,000
2020 553,714,000,000

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