Germany: Services value added

Germany: Services value added, billion USD

, 1991 - 2019: For that indicator, we provide data for Germany from 1991 to 2019. The average value for Germany during that period was 1794.06 billion U.S. dollars with a minimum of 1053.51 billion U.S. dollars in 1991 and a maximum of 2460.25 billion U.S. dollars in 2018. The latest value from 2019 is 2418.33 billion U.S. dollars. For comparison, the world average in 2019 based on 25 countries is 494.18 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.