Canada: Services value added

* indicates monthly or quarterly data series
 Canada

Services value added, billion USD

 Latest value 1,151.69
 Year 2020
 Measure billion U.S. dollars
 Data availability 1997 - 2020
 Average 861.76
 Min - Max 403.12 - 1,203.38
 Source The World Bank
The latest value from 2020 is 1151.69 billion U.S. dollars, a decline from 1180 billion U.S. dollars in 2019. In comparison, the world average is 293.53 billion U.S. dollars, based on data from 186 countries. Historically, the average for Canada from 1997 to 2020 is 861.76 billion U.S. dollars. The minimum value, 403.12 billion U.S. dollars, was reached in 1998 while the maximum of 1203.38 billion U.S. dollars was recorded in 2013. 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 data
Canada - Services value added - Recent values chart

Historical series
Canada - Services value added - historical chart - 1997-2020




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 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 371.73 2020 billion U.S. dollars
 Manufacturing value added 149.27 2020 billion U.S. dollars
 Services value added 1,151.69 2020 billion U.S. dollars
 Savings, percent of GDP 21.84 2023 percent
 Savings, in dollars 469.73 2023 billion U.S. dollars
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