Austria: Services value added

* indicates monthly or quarterly data series

Services value added, billion USD

 Latest value 292.64
 Year 2022
 Measure billion U.S. dollars
 Data availability 1976 - 2022
 Average 152.27
 Min - Max 21.31 - 297.89
 Source The World Bank
For that indicator, we provide data for Austria from 1976 to 2022. The average value for Austria during that period was 152.27 billion U.S. dollars with a minimum of 21.31 billion U.S. dollars in 1976 and a maximum of 297.89 billion U.S. dollars in 2021. The latest value from 2022 is 292.64 billion U.S. dollars. For comparison, the world average in 2022 based on 164 countries is 230.01 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Austria - Services value added - recent values

Historical chart
Austria - Services value added - historical chart - 1976-2022

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, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 or 4. Data are in constant 2010 U.S. dollars.

 Related indicators Latest value Reference Measure
 Share of industry 26.18 2022 percent
 Share of manufacturing 15.55 2022 percent
 Share of services 62.11 2022 percent
 Industry value added 122.95 2022 billion U.S. dollars
 Manufacturing value added 74.92 2022 billion U.S. dollars
 Services value added 292.64 2022 billion U.S. dollars
 Savings, percent of GDP 27.57 2022 percent
 Savings, in dollars 129.82 2022 billion U.S. dollars
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