New Zealand vs Portugal: Services, value added
Services, value added over time
- New Zealand
- Portugal
How they compare
New Zealand currently reports 284.87 billion current LCU against 204.15 billion current LCU in Portugal, a difference of 80.71 billion current LCU.
That makes New Zealand's figure about 1.4 times Portugal's.
The two have swapped places 2 times across 29 shared years of data; in 1995 it was New Zealand ahead.
Globally, New Zealand ranks 119th and Portugal ranks 121st of 205 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 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.