Services, value added (% of GDP) in Liechtenstein
Liechtenstein: Services, value added (% of GDP) 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 105th out of 206 countries with data for 2023, putting it in the middle of the range.
Services, value added (% of GDP) 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% |
Liechtenstein compared with similar countries
- Liechtenstein's 57.4% is below the median for high income countries, which is 66.2%, 87% of the median. (77 countries reporting)
- Liechtenstein's 57.4% is below the median for Europe & Central Asia, which is 61.4%, 94% of the median. (56 countries reporting)
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
- Gross value added at basic prices (GVA) (current US$), per capita 199,960 current US$ per person (2023)
- Manufacturing, value added (current US$), per unit of GDP 0.3417 current US$ per US$ of GDP (2023)
- Services, value added (current LCU), per unit of GDP 0.516 current LCU per US$ of GDP (2023)
- Services, value added (current LCU), per capita 106,693 current LCU per person (2023)
- GDP deflator (base year varies by country), annual growth rate -9.9 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.5 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.967 current US$ per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0014 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 179,662 current LCU per person (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8689 current LCU per US$ of GDP (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 105th 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 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.