Albania - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Albania was 11,844 as of 2019. Over the past 23 years, the value for this indicator has fluctuated between 12,577 in 2014 and 2,594 in 1997.

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
1996 2,981
1997 2,594
1998 7,064
1999 7,884
2000 7,629
2001 8,155
2002 8,370
2003 8,364
2004 8,702
2005 9,195
2006 9,599
2007 10,284
2008 10,526
2009 11,724
2010 11,658
2011 11,129
2012 11,654
2013 12,111
2014 12,577
2015 12,197
2016 12,043
2017 11,785
2018 11,346
2019 11,844

Services, value added (current US$)

The latest value for Services, value added (current US$) in Albania was $7,199,411,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between $7,456,104,000 in 2019 and $955,712,300 in 1997.

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
1996 $1,272,578,000
1997 $955,712,300
1998 $1,120,078,000
1999 $1,504,366,000
2000 $1,541,900,000
2001 $1,762,711,000
2002 $1,903,433,000
2003 $2,351,861,000
2004 $3,059,269,000
2005 $3,507,039,000
2006 $3,871,874,000
2007 $4,766,339,000
2008 $5,757,856,000
2009 $5,458,100,000
2010 $5,250,898,000
2011 $5,704,985,000
2012 $5,538,341,000
2013 $5,699,087,000
2014 $6,056,162,000
2015 $5,270,340,000
2016 $5,538,845,000
2017 $6,245,483,000
2018 $7,238,029,000
2019 $7,456,104,000
2020 $7,199,411,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Albania was 782,216,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 819,059,000,000 in 2019 and a minimum value of 132,983,000,000 in 1996.

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
1996 132,983,000,000
1997 140,203,000,000
1998 169,311,000,000
1999 207,753,000,000
2000 222,046,000,000
2001 253,231,000,000
2002 267,253,000,000
2003 284,050,000,000
2004 314,097,000,000
2005 350,249,000,000
2006 379,844,000,000
2007 431,010,000,000
2008 483,053,000,000
2009 518,400,000,000
2010 545,761,000,000
2011 575,609,000,000
2012 599,161,000,000
2013 602,218,000,000
2014 638,804,000,000
2015 663,861,000,000
2016 687,606,000,000
2017 743,837,000,000
2018 781,629,000,000
2019 819,059,000,000
2020 782,216,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Albania was 5,927,546,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between 6,221,210,000 in 2019 and 2,245,438,000 in 1997.

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
1996 2,526,397,000
1997 2,245,438,000
1998 2,385,799,000
1999 2,824,106,000
2000 2,785,351,000
2001 2,997,596,000
2002 3,123,428,000
2003 3,161,025,000
2004 3,315,265,000
2005 3,545,732,000
2006 3,727,579,000
2007 4,021,109,000
2008 4,235,557,000
2009 4,465,006,000
2010 4,576,347,000
2011 4,715,215,000
2012 4,866,565,000
2013 4,881,884,000
2014 5,127,122,000
2015 5,270,340,000
2016 5,496,306,000
2017 5,827,400,000
2018 5,993,776,000
2019 6,221,210,000
2020 5,927,546,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Albania was -4.72 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 18.37 in 1999 and a minimum value of -11.12 in 1997.

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
1997 -11.12
1998 6.25
1999 18.37
2000 -1.37
2001 7.62
2002 4.20
2003 1.20
2004 4.88
2005 6.95
2006 5.13
2007 7.87
2008 5.33
2009 5.42
2010 2.49
2011 3.03
2012 3.21
2013 0.31
2014 5.02
2015 2.79
2016 4.29
2017 6.02
2018 2.86
2019 3.79
2020 -4.72

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Albania was 706,901,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 741,922,000,000 in 2019 and a minimum value of 267,784,000,000 in 1997.

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
1996 301,290,000,000
1997 267,784,000,000
1998 284,523,000,000
1999 336,794,000,000
2000 332,172,000,000
2001 357,484,000,000
2002 372,490,000,000
2003 376,974,000,000
2004 395,368,000,000
2005 422,853,000,000
2006 444,540,000,000
2007 479,545,000,000
2008 505,119,000,000
2009 532,483,000,000
2010 545,761,000,000
2011 562,322,000,000
2012 580,372,000,000
2013 582,198,000,000
2014 611,445,000,000
2015 628,524,000,000
2016 655,472,000,000
2017 694,958,000,000
2018 714,799,000,000
2019 741,922,000,000
2020 706,901,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Albania was 48.36 as of 2020. Its highest value over the past 24 years was 48.42 in 2019, while its lowest value was 39.77 in 1996.

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
1996 39.77
1997 42.32
1998 43.99
1999 46.83
2000 44.30
2001 44.94
2002 43.78
2003 41.91
2004 42.58
2005 43.55
2006 43.52
2007 44.64
2008 44.70
2009 45.32
2010 44.03
2011 44.26
2012 44.95
2013 44.61
2014 45.78
2015 46.28
2016 46.70
2017 47.97
2018 47.76
2019 48.42
2020 48.36

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts