Services, value added in Chagai
Chagai: Services, value added was 9.18 billion current LCU in 2023. ▲ Rising
Services, value added in Chagai, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2023, services, value added in Chagai stood at 9.18 billion current LCU. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 47.3% over ten years.
Services, value added in Chagai, year by year
| Year | current LCU | Change |
|---|---|---|
| 2016 | 6.23 billion current LCU | — |
| 2017 | 6.51 billion current LCU | +4.5% |
| 2018 | 6.87 billion current LCU | +5.6% |
| 2019 | 7.18 billion current LCU | +4.4% |
| 2020 | 6.75 billion current LCU | -5.9% |
| 2021 | 7.33 billion current LCU | +8.6% |
| 2022 | 8.35 billion current LCU | +13.8% |
| 2023 | 9.18 billion current LCU | +9.9% |
Chagai compared with similar countries
- Chagai's 9.18 billion current LCU is below the median for high income countries, which is 204.15 billion current LCU, 4% of the median. (77 countries reporting)
- Chagai's 9.18 billion current LCU is below the median for Europe & Central Asia, which is 272.86 billion current LCU, 3% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.70 billion current LCU | 6.23 billion current LCU | 7.18 billion current LCU | 4 |
| 2020s | 7.90 billion current LCU | 6.75 billion current LCU | 9.18 billion current LCU | 4 |
Countries ranked near Chagai
More economy & growth data for Chagai
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.72 % change on previous year (2023)
- GDP (current LCU), per capita 60,007 current LCU per person (2023)
- GDP (current LCU), per unit of GDP 0.8045 current LCU per US$ of GDP (2023)
- GDP (current LCU), annual growth rate 9.68 % change on previous year (2023)
- GDP (current US$), per capita 74,585 current US$ per person (2023)
- GDP (current US$), annual growth rate 10.6 % change on previous year (2023)
- Gross value added at basic prices (GVA) (constant LCU), per capita 60,007 constant LCU per person (2023)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.8045 constant LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current US$), per capita 74,586 current US$ per person (2023)
Frequently asked questions
- What is services, value added in Chagai?
- Services, value added in Chagai was 9.18 billion current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Chagai?
- The highest recorded value was 9.18 billion current LCU in 2023.
- What is the lowest services, value added recorded in Chagai?
- The lowest recorded value was 6.23 billion current LCU in 2016.
- How does Chagai rank for services, value added?
- Chagai ranks 1st out of 1 regions with data for 2023.
- Is services, value added rising or falling in Chagai?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
- Where does this Chagai data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.