Guinea - Services

Financial intermediary services indirectly Measured (FISIM) (current LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Guinea was 1,935,530,000,000 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 1,935,530,000,000 in 2019 and a minimum value of 369,156,000,000 in 2006.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2006 369,156,000,000
2007 383,059,000,000
2008 375,410,000,000
2009 385,381,000,000
2010 387,689,000,000
2011 712,197,000,000
2012 798,876,000,000
2013 886,631,000,000
2014 890,732,000,000
2015 1,142,560,000,000
2016 1,592,690,000,000
2017 1,638,850,000,000
2018 1,822,330,000,000
2019 1,935,530,000,000

Financial intermediary services indirectly Measured (FISIM) (constant LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Guinea was 934,383,000,000 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 934,383,000,000 in 2019 and a minimum value of 387,689,000,000 in 2010.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2006 650,085,000,000
2007 548,866,000,000
2008 457,200,000,000
2009 442,806,000,000
2010 387,689,000,000
2011 446,523,000,000
2012 438,448,000,000
2013 440,397,000,000
2014 410,185,000,000
2015 556,686,000,000
2016 687,990,000,000
2017 800,929,000,000
2018 897,582,000,000
2019 934,383,000,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Guinea was 3,407 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 4,001 in 1995 and 3,092 in 2008.

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
1991 3,858
1992 3,899
1993 3,930
1994 3,992
1995 4,001
1996 3,925
1997 3,923
1998 3,896
1999 3,806
2000 3,733
2001 3,655
2002 3,617
2003 3,551
2004 3,469
2005 3,396
2006 3,130
2007 3,194
2008 3,092
2009 3,135
2010 3,126
2011 3,261
2012 3,325
2013 3,476
2014 3,391
2015 3,513
2016 3,496
2017 3,423
2018 3,409
2019 3,407

Services, value added (current US$)

The latest value for Services, value added (current US$) in Guinea was $5,674,930,000 as of 2020. Over the past 34 years, the value for this indicator has fluctuated between $5,674,930,000 in 2020 and $822,973,900 in 1986.

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
1986 $822,973,900
1987 $933,066,100
1988 $1,013,284,000
1989 $1,001,096,000
1990 $1,187,626,000
1991 $1,448,958,000
1992 $1,758,362,000
1993 $1,667,768,000
1994 $1,736,482,000
1995 $1,833,318,000
1996 $1,913,381,000
1997 $1,767,871,000
1998 $1,567,920,000
1999 $1,569,023,000
2000 $1,240,317,000
2001 $1,132,896,000
2002 $1,162,849,000
2003 $1,397,843,000
2004 $1,426,755,000
2005 $1,112,823,000
2006 $1,895,061,000
2007 $2,862,301,000
2008 $3,044,284,000
2009 $2,974,263,000
2010 $2,974,694,000
2011 $2,977,082,000
2012 $3,225,014,000
2013 $3,645,958,000
2014 $3,805,766,000
2015 $4,001,910,000
2016 $3,604,225,000
2017 $3,917,335,000
2018 $4,523,557,000
2019 $5,181,789,000
2020 $5,674,930,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Guinea was 54,281,300,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 54,281,300,000,000 in 2020 and a minimum value of 274,423,000,000 in 1986.

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 local currency.

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

Year Value
1986 274,423,000,000
1987 399,728,000,000
1988 480,698,000,000
1989 592,294,000,000
1990 784,031,000,000
1991 1,092,310,000,000
1992 1,586,050,000,000
1993 1,593,540,000,000
1994 1,695,910,000,000
1995 1,817,570,000,000
1996 1,921,070,000,000
1997 1,936,390,000,000
1998 1,939,250,000,000
1999 2,176,860,000,000
2000 2,166,670,000,000
2001 2,209,780,000,000
2002 2,297,610,000,000
2003 2,774,620,000,000
2004 3,201,540,000,000
2005 4,055,500,000,000
2006 9,757,191,000,000
2007 12,015,200,000,000
2008 14,008,900,000,000
2009 14,279,700,000,000
2010 17,033,300,000,000
2011 19,821,500,000,000
2012 22,529,400,000,000
2013 25,185,800,000,000
2014 26,694,100,000,000
2015 29,956,400,000,000
2016 32,322,400,000,000
2017 35,602,000,000,000
2018 40,762,400,000,000
2019 47,588,900,000,000
2020 54,281,300,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Guinea was 4,754,982,000 as of 2020. Over the past 34 years, the value for this indicator has fluctuated between 4,859,338,000 in 2019 and 1,464,204,000 in 1987.

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
1986 1,474,508,000
1987 1,464,204,000
1988 1,659,013,000
1989 1,679,509,000
1990 1,779,833,000
1991 1,769,352,000
1992 1,841,223,000
1993 1,914,685,000
1994 2,007,920,000
1995 2,081,949,000
1996 2,111,158,000
1997 2,188,779,000
1998 2,252,336,000
1999 2,281,567,000
2000 2,320,443,000
2001 2,356,945,000
2002 2,425,113,000
2003 2,454,878,000
2004 2,483,500,000
2005 2,523,326,000
2006 2,412,450,000
2007 2,585,356,000
2008 2,612,818,000
2009 2,729,930,000
2010 2,845,437,000
2011 3,108,482,000
2012 3,321,313,000
2013 3,624,987,000
2014 3,695,407,000
2015 4,001,910,000
2016 4,228,442,000
2017 4,393,745,000
2018 4,616,822,000
2019 4,859,338,000
2020 4,754,982,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Guinea was -2.15 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 13.30 in 1988 and a minimum value of -4.39 in 2006.

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
1987 -0.70
1988 13.30
1989 1.24
1990 5.97
1991 -0.59
1992 4.06
1993 3.99
1994 4.87
1995 3.69
1996 1.40
1997 3.68
1998 2.90
1999 1.30
2000 1.70
2001 1.57
2002 2.89
2003 1.23
2004 1.17
2005 1.60
2006 -4.39
2007 7.17
2008 1.06
2009 4.48
2010 4.23
2011 9.24
2012 6.85
2013 9.14
2014 1.94
2015 8.29
2016 5.66
2017 3.91
2018 5.08
2019 5.25
2020 -2.15

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Guinea was 28,464,200,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 29,088,900,000,000 in 2019 and a minimum value of 8,765,000,000,000 in 1987.

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 constant local currency.

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

Year Value
1986 8,826,669,000,000
1987 8,765,000,000,000
1988 9,931,160,000,000
1989 10,053,800,000,000
1990 10,654,400,000,000
1991 10,591,700,000,000
1992 11,021,900,000,000
1993 11,461,700,000,000
1994 12,019,800,000,000
1995 12,462,900,000,000
1996 12,637,800,000,000
1997 13,102,400,000,000
1998 13,482,900,000,000
1999 13,657,900,000,000
2000 13,890,600,000,000
2001 14,109,100,000,000
2002 14,517,200,000,000
2003 14,695,300,000,000
2004 14,866,700,000,000
2005 15,105,100,000,000
2006 14,441,400,000,000
2007 15,476,400,000,000
2008 15,640,800,000,000
2009 16,341,900,000,000
2010 17,033,300,000,000
2011 18,607,900,000,000
2012 19,882,000,000,000
2013 21,699,800,000,000
2014 22,121,400,000,000
2015 23,956,200,000,000
2016 25,312,200,000,000
2017 26,301,800,000,000
2018 27,637,100,000,000
2019 29,088,900,000,000
2020 28,464,200,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Guinea was 36.19 as of 2020. Its highest value over the past 34 years was 53.53 in 1992, while its lowest value was 36.19 in 2020.

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
1986 41.25
1987 45.70
1988 42.50
1989 41.16
1990 44.53
1991 48.06
1992 53.53
1993 50.86
1994 51.33
1995 49.63
1996 49.45
1997 46.72
1998 43.69
1999 45.33
2000 41.41
2001 40.04
2002 39.42
2003 40.56
2004 39.25
2005 37.89
2006 44.91
2007 45.56
2008 43.71
2009 44.28
2010 43.40
2011 43.88
2012 42.22
2013 43.53
2014 43.35
2015 45.51
2016 41.93
2017 37.94
2018 38.15
2019 38.34
2020 36.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts