Services, value added (current US$) for Georgia

Indicator 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 and import duties. 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. Data are in current U.S. dollars.

The indicator "Services, value added (current US$)" stands at 21.21 Billion usd as of 12/31/2024, the highest value at least since 12/31/1988, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 11.05 percent compared to the value the year prior.
The 1 year change in percent is 11.05.
The 3 year change in percent is 91.66.
The 5 year change in percent is 100.08.
The 10 year change in percent is 93.06.

The Serie's long term average value is 6.62 Billion usd. It's latest available value, on 12/31/2024, is 220.37 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1992, to it's latest available value, on 12/31/2024, is +2,407.34%.
The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.