Other small states - Services

Services, value added per worker (constant 2010 US$)

The latest value for Services, value added per worker (constant 2010 US$) in Other small states was 29,411 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 30,257 in 2015 and 17,697 in 2001.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1995 17,873
1996 18,033
1997 18,600
1998 18,955
1999 18,961
2000 17,736
2001 17,697
2002 17,733
2003 18,013
2004 18,359
2005 18,542
2006 20,399
2007 21,197
2008 21,365
2009 20,644
2010 20,923
2011 28,264
2012 28,405
2013 28,468
2014 29,199
2015 30,257
2016 29,729
2017 29,679
2018 29,485
2019 29,411

Services, value added (current US$)

The latest value for Services, value added (current US$) in Other small states was $217,890,000,000 as of 2020. Over the past 9 years, the value for this indicator has fluctuated between $234,610,000,000 in 2019 and $164,633,000,000 in 2011.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 $164,633,000,000
2012 $170,962,000,000
2013 $184,426,000,000
2014 $197,859,000,000
2015 $196,189,000,000
2016 $204,879,000,000
2017 $217,292,000,000
2018 $231,254,000,000
2019 $234,610,000,000
2020 $217,890,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Other small states was 211,426,000,000 as of 2020. Over the past 9 years, the value for this indicator has fluctuated between 222,527,000,000 in 2019 and 157,453,000,000 in 2011.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 157,453,000,000
2012 166,496,000,000
2013 176,736,000,000
2014 187,332,000,000
2015 196,189,000,000
2016 202,758,000,000
2017 209,928,000,000
2018 215,905,000,000
2019 222,527,000,000
2020 211,426,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Other small states was -4.99 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 6.15 in 2013 and a minimum value of -4.99 in 2020.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2012 5.74
2013 6.15
2014 6.00
2015 4.73
2016 3.35
2017 3.54
2018 2.85
2019 3.07
2020 -4.99

Services, value added (% of GDP)

Services, value added (% of GDP) in Other small states was 57.97 as of 2020. Its highest value over the past 9 years was 57.97 in 2020, while its lowest value was 41.27 in 2012.

Definition: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 41.47
2012 41.27
2013 42.66
2014 44.34
2015 53.03
2016 56.00
2017 54.59
2018 52.37
2019 54.21
2020 57.97

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts