Norway vs Thailand: Services, value added
Services, value added over time
- Norway
- Thailand
How they compare
Thailand currently reports 289.72 billion constant 2015 US$ against 278.51 billion constant 2015 US$ in Norway, a difference of 11.21 billion constant 2015 US$.
The two have swapped places 3 times across 33 shared years of data; in 1993 it was Norway ahead.
Globally, Norway ranks 31st and Thailand ranks 30th of 195 countries.
Individual pages
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 defense, 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.