Papua New Guinea - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Papua New Guinea was 13,365 as of 2018. Over the past 12 years, the value for this indicator has fluctuated between 14,965 in 2013 and 10,375 in 2006.

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
2006 10,375
2007 11,625
2008 11,937
2009 12,263
2010 13,868
2011 14,545
2012 14,742
2013 14,965
2014 14,677
2015 13,707
2016 13,460
2017 13,174
2018 13,365

Services, value added (current US$)

The latest value for Services, value added (current US$) in Papua New Guinea was $10,355,200,000 as of 2019. Over the past 13 years, the value for this indicator has fluctuated between $10,736,800,000 in 2013 and $3,438,931,000 in 2006.

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
2006 $3,438,931,000
2007 $4,053,379,000
2008 $4,935,477,000
2009 $5,259,486,000
2010 $6,290,853,000
2011 $8,457,098,000
2012 $10,563,110,000
2013 $10,736,800,000
2014 $10,323,070,000
2015 $9,402,164,000
2016 $9,015,800,000
2017 $9,438,667,000
2018 $10,040,970,000
2019 $10,355,200,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Papua New Guinea was 35,078,230,000 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 35,078,230,000 in 2019 and a minimum value of 10,511,780,000 in 2006.

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
2006 10,511,780,000
2007 12,019,480,000
2008 13,326,280,000
2009 14,490,410,000
2010 17,106,720,000
2011 20,051,780,000
2012 22,009,300,000
2013 24,098,750,000
2014 25,409,200,000
2015 26,028,950,000
2016 28,246,500,000
2017 30,098,020,000
2018 33,069,940,000
2019 35,078,230,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Papua New Guinea was 10,492,070,000 as of 2019. Over the past 13 years, the value for this indicator has fluctuated between 10,492,070,000 in 2019 and 5,951,832,000 in 2006.

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
2006 5,951,832,000
2007 6,748,423,000
2008 6,848,023,000
2009 7,023,764,000
2010 7,896,731,000
2011 8,630,134,000
2012 9,144,207,000
2013 9,534,858,000
2014 9,622,011,000
2015 9,402,164,000
2016 9,613,971,000
2017 9,747,933,000
2018 10,240,270,000
2019 10,492,070,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Papua New Guinea was 2.46 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 13.38 in 2007 and a minimum value of -2.28 in 2015.

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
2007 13.38
2008 1.48
2009 2.57
2010 12.43
2011 9.29
2012 5.96
2013 4.27
2014 0.91
2015 -2.28
2016 2.25
2017 1.39
2018 5.05
2019 2.46

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Papua New Guinea was 26,518,050,000 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 26,518,050,000 in 2019 and a minimum value of 15,042,880,000 in 2006.

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
2006 15,042,880,000
2007 17,056,210,000
2008 17,307,950,000
2009 17,752,120,000
2010 19,958,490,000
2011 21,812,120,000
2012 23,111,410,000
2013 24,098,750,000
2014 24,319,030,000
2015 23,763,380,000
2016 24,298,710,000
2017 24,637,290,000
2018 25,881,650,000
2019 26,518,050,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Papua New Guinea was 41.84 as of 2019. Its highest value over the past 13 years was 50.50 in 2013, while its lowest value was 41.16 in 2006.

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
2006 41.16
2007 42.47
2008 42.29
2009 45.26
2010 44.14
2011 47.02
2012 49.60
2013 50.50
2014 44.48
2015 43.28
2016 43.43
2017 41.50
2018 41.65
2019 41.84

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts