Rwanda - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Rwanda was 4,135,700,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 4,376,860,000,000 in 2019 and a minimum value of 222,974,000,000 in 1965.

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
1965 222,974,000,000
1966 257,432,000,000
1967 295,018,000,000
1968 335,716,000,000
1969 418,247,000,000
1970 440,550,000,000
1971 435,560,000,000
1972 563,692,000,000
1973 462,925,000,000
1974 395,197,000,000
1975 390,641,000,000
1976 472,889,000,000
1977 470,422,000,000
1978 567,577,000,000
1979 595,259,000,000
1980 657,221,000,000
1981 807,783,000,000
1982 729,431,000,000
1983 728,126,000,000
1984 731,195,000,000
1985 777,966,000,000
1986 846,907,000,000
1987 882,622,000,000
1988 964,702,000,000
1989 984,453,000,000
1990 935,165,000,000
1991 967,757,000,000
1992 991,463,000,000
1993 1,013,980,000,000
1994 434,781,000,000
1995 596,190,000,000
1996 614,952,000,000
1997 765,522,000,000
1998 815,799,000,000
1999 815,633,000,000
2000 919,734,000,000
2001 971,412,000,000
2002 1,067,160,000,000
2003 1,153,540,000,000
2004 1,249,310,000,000
2005 1,399,530,000,000
2006 1,558,480,000,000
2007 1,740,280,000,000
2008 1,958,310,000,000
2009 2,070,430,000,000
2010 2,221,280,000,000
2011 2,345,700,000,000
2012 2,610,620,000,000
2013 2,755,140,000,000
2014 2,951,180,000,000
2015 3,250,980,000,000
2016 3,487,060,000,000
2017 3,683,730,000,000
2018 4,042,560,000,000
2019 4,376,860,000,000
2020 4,135,700,000,000

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