Services, value added in Liechtenstein
Liechtenstein: Services, value added was 57.4% in 2023. ▲ Rising
Services, value added in Liechtenstein, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2023, services, value added in Liechtenstein stood at 57.4%. That is the highest value across all 8 years on record.
That represents a change of up 1.3% on the previous year and up 5.1% over ten years.
That places Liechtenstein 104th out of 204 countries with data for 2023, putting it in the middle of the range.
Services, value added in Liechtenstein, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | 54.7% | — |
| 2017 | 51.6% | -5.6% |
| 2018 | 54.1% | +5.0% |
| 2019 | 52.2% | -3.7% |
| 2020 | 56.1% | +7.6% |
| 2021 | 55.1% | -1.8% |
| 2022 | 56.7% | +2.9% |
| 2023 | 57.4% | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 53.1% | 51.6% | 54.7% | 4 |
| 2020s | 56.3% | 55.1% | 57.4% | 4 |
Countries ranked near Liechtenstein
More economy & growth data for Liechtenstein
- GNI (current LCU), annual growth rate 18.07 % change on previous year (2023)
- GNI, Atlas method (current US$), annual growth rate -3.79 % change on previous year (2009)
- GNI, Atlas method (current US$), per unit of GDP 0.9235 current US$ per US$ of GDP (2009)
- GNI, Atlas method (current US$), per capita 116,381 current US$ per person (2009)
- GNI (current US$), annual growth rate 25.47 % change on previous year (2023)
- GNI (current US$), per unit of GDP 0.9418 current US$ per US$ of GDP (2023)
- GNI (current US$), per capita 194,739 current US$ per person (2023)
- GNI (current LCU), per unit of GDP 0.8462 current LCU per US$ of GDP (2023)
- GNI (current LCU), per capita 174,971 current LCU per person (2023)
- Net primary income (Net income from abroad) (current US$), annual 61.39 % change on previous year (2023)
Frequently asked questions
- What is services, value added in Liechtenstein?
- Services, value added in Liechtenstein was 57.4% 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 57.4% in 2023.
- What is the lowest services, value added recorded in Liechtenstein?
- The lowest recorded value was 51.6% in 2017.
- How does Liechtenstein rank for services, value added?
- Liechtenstein ranks 104th out of 204 countries with data for 2023.
- Is services, value added rising or falling in Liechtenstein?
- Over the last ten years it is up 5.1%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.