Canada: Services value added

* indicates monthly or quarterly data series

Services value added, billion USD

 Latest value 1,180.00
 Year 2019
 Measure billion U.S. dollars
 Data availability 1997 - 2019
 Average 849.16
 Min - Max 403.12 - 1,203.38
 Source The World Bank
For that indicator, we provide data for Canada from 1997 to 2019. The average value for Canada during that period was 849.16 billion U.S. dollars with a minimum of 403.12 billion U.S. dollars in 1998 and a maximum of 1203.38 billion U.S. dollars in 2013. The latest value from 2019 is 1180 billion U.S. dollars. For comparison, the world average in 2019 based on 188 countries is 295.95 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
Canada - Services value added - Recent values chart

Historical chart
Canada - Services value added - historical chart - 1997-2019

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 22.45 2020 percent
 Share of manufacturing 9.02 2020 percent
 Share of services 69.56 2020 percent
 Industry value added 419.84 2019 billion U.S. dollars
 Manufacturing value added 162.16 2019 billion U.S. dollars
 Services value added 1,180.00 2019 billion U.S. dollars
 Savings, percent of GDP 24.08 2022 percent
 Savings, in dollars 504.31 2022 billion U.S. dollars
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