Thailand: Services value added

(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series

Thailand: Services value added, billion USD, 1993 - 2020:

For that indicator, we provide data for Thailand from 1993 to 2020. The average value for Thailand during that period was 149.08 billion U.S. dollars with a minimum of 60.96 billion U.S. dollars in 1998 and a maximum of 317.1 billion U.S. dollars in 2019. The latest value from 2020 is 292.31 billion U.S. dollars. For comparison, the world average in 2020 based on 168 countries is 196.18 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

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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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