Philippines vs Sri Lanka: Services, value added
Services, value added over time
- Philippines
- Sri Lanka
How they compare
Philippines currently reports 18.04 trillion current LCU against 17.89 trillion current LCU in Sri Lanka, a difference of 151.50 billion current LCU.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Philippines ahead.
Globally, Philippines ranks 38th and Sri Lanka ranks 39th 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.