United Kingdom: Services value added

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

United Kingdom: Services value added, billion USD, 1990 - 2020:

For that indicator, we provide data for the United Kingdom from 1990 to 2020. The average value for the United Kingdom during that period was 1492.18 billion U.S. dollars with a minimum of 741.81 billion U.S. dollars in 1990 and a maximum of 2155.71 billion U.S. dollars in 2007. The latest value from 2020 is 1970.97 billion U.S. dollars. For comparison, the world average in 2020 based on 25 countries is 484.65 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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