Belarus: Services value added

* indicates monthly or quarterly data series

Services value added, billion USD

 Latest value 34.36
 Year 2023
 Measure billion U.S. dollars
 Data availability 1992 - 2023
 Average 18.40
 Min - Max 2.50 - 35.98
 Source The World Bank
For that indicator, we provide data for Belarus from 1992 to 2023. The average value for Belarus during that period was 18.4 billion U.S. dollars with a minimum of 2.5 billion U.S. dollars in 1992 and a maximum of 35.98 billion U.S. dollars in 2014. The latest value from 2023 is 34.36 billion U.S. dollars. For comparison, the world average in 2023 based on 152 countries is 258.63 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
Belarus - Services value added - Recent values chart

Historical chart
Belarus - Services value added - historical chart - 1992-2023

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.

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 Related indicators Latest value Reference Measure
 Share of industry 33.19 2022 percent
 Share of manufacturing 24.02 2022 percent
 Share of services 48.28 2022 percent
 Industry value added 23.38 2023 billion U.S. dollars
 Manufacturing value added 16.53 2023 billion U.S. dollars
 Services value added 34.36 2023 billion U.S. dollars
 Savings, percent of GDP 26.32 2022 percent
 Savings, in dollars 18.05 2023 billion U.S. dollars
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