Services, value added (constant 2015 US$) for Palau



Indicator Definition:
Services correspond to ISIC divisions 45-99. 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 4. Data are in constant 2015 prices, expressed in U.S. dollars.

The indicator "Services, value added (constant 2015 US$)" stands at 202.73 Million usd as of 12/31/2024, the highest value since 12/31/2020.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 8.91 percent compared to the value the year prior.
The 1 year change in percent is 8.91.
The 3 year change in percent is 15.49.
The 5 year change in percent is -5.66.
The 10 year change in percent is -2.03.

The Serie's long term average value is 200.00 Million usd. It's latest available value, on 12/31/2024, is 1.36 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2021, to it's latest available value, on 12/31/2024, is +15.49%.
The Serie's change in percent from it's maximum value, on 12/31/2016, to it's latest available value, on 12/31/2024, is -10.07%.

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