Services, value added in Liechtenstein
Liechtenstein: Services, value added was 4.25 billion current LCU in 2023. ▲ Rising
Services, value added in Liechtenstein, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Liechtenstein recorded 4.25 billion current LCU for services, value added in 2023. That is the highest value across all 8 years on record.
That represents a change of up 5.7% on the previous year and up 26.5% over ten years.
Liechtenstein ranks 188th of 206 countries on this measure, in the bottom quarter.
Services, value added in Liechtenstein, year by year
| Year | current LCU | Change |
|---|---|---|
| 2016 | 3.36 billion current LCU | — |
| 2017 | 3.29 billion current LCU | -2.1% |
| 2018 | 3.54 billion current LCU | +7.8% |
| 2019 | 3.34 billion current LCU | -5.8% |
| 2020 | 3.38 billion current LCU | +1.2% |
| 2021 | 3.98 billion current LCU | +18.0% |
| 2022 | 4.02 billion current LCU | +0.9% |
| 2023 | 4.25 billion current LCU | +5.7% |
Liechtenstein compared with similar countries
- Liechtenstein's 4.25 billion current LCU is below the median for high income countries, which is 204.15 billion current LCU, 2% of the median. (77 countries reporting)
- Liechtenstein's 4.25 billion current LCU is below the median for Europe & Central Asia, which is 272.86 billion current LCU, 2% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.38 billion current LCU | 3.29 billion current LCU | 3.54 billion current LCU | 4 |
| 2020s | 3.91 billion current LCU | 3.38 billion current LCU | 4.25 billion current LCU | 4 |
Countries ranked near Liechtenstein
More economy & growth data for Liechtenstein
- Services, value added (current LCU), per capita 106,693 current LCU per person (2023)
- Industry (including construction), value added (current LCU), per 0.3514 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 72,670 current LCU per person (2023)
- Services, value added (current US$), annual growth rate 12.37 % change on previous year (2023)
- Services, value added (current US$), per unit of GDP 0.5743 current US$ per US$ of GDP (2023)
- Services, value added (current US$), per capita 118,747 current US$ per person (2023)
- Services, value added (current LCU), annual growth rate 5.74 % change on previous year (2023)
- Services, value added (current LCU), per unit of GDP 0.516 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8689 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.92 % change on previous year (2023)
Frequently asked questions
- What is services, value added in Liechtenstein?
- Services, value added in Liechtenstein was 4.25 billion current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Liechtenstein?
- The highest recorded value was 4.25 billion current LCU in 2023.
- What is the lowest services, value added recorded in Liechtenstein?
- The lowest recorded value was 3.29 billion current LCU in 2017.
- How does Liechtenstein rank for services, value added?
- Liechtenstein ranks 188th out of 206 countries with data for 2023.
- Is services, value added rising or falling in Liechtenstein?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is rising.
- Where does this Liechtenstein 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.