Aruba - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Aruba was 294,075,000 as of 2009. As the graph below shows, over the past 14 years this indicator reached a maximum value of 294,075,000 in 2009 and a minimum value of 124,630,000 in 1995.

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
1995 124,630,000
1996 129,010,000
1997 142,660,000
1998 152,070,000
1999 139,560,000
2000 162,740,000
2001 180,490,000
2002 169,510,000
2003 173,550,000
2004 186,720,000
2005 204,610,000
2006 246,380,000
2007 277,360,000
2008 273,530,000
2009 294,075,000

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

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
2000 -162,740,000

Services, value added (current US$)

The latest value for Services, value added (current US$) in Aruba was $1,738,479,000 as of 2009. Over the past 14 years, the value for this indicator has fluctuated between $1,808,828,000 in 2008 and $1,070,223,000 in 1995.

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
1995 $1,070,223,000
1996 $1,117,369,000
1997 $1,219,168,000
1998 $1,323,397,000
1999 $1,393,062,000
2000 $1,267,162,000
2001 $1,337,947,000
2002 $1,358,778,000
2003 $1,388,414,000
2004 $1,505,605,000
2005 $1,570,303,000
2006 $1,622,748,000
2007 $1,710,816,000
2008 $1,808,828,000
2009 $1,738,479,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Aruba was 3,111,878,000 as of 2009. As the graph below shows, over the past 14 years this indicator reached a maximum value of 3,237,802,000 in 2008 and a minimum value of 1,915,700,000 in 1995.

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
1995 1,915,700,000
1996 2,000,090,000
1997 2,182,310,000
1998 2,368,880,000
1999 2,493,580,000
2000 2,268,220,000
2001 2,394,925,000
2002 2,432,212,000
2003 2,485,262,000
2004 2,695,033,000
2005 2,810,842,000
2006 2,904,719,000
2007 3,062,361,000
2008 3,237,802,000
2009 3,111,878,000

Services, value added (constant LCU)

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
2000 2,268,220,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Aruba was 69.57 as of 2009. Its highest value over the past 14 years was 81.05 in 1995, while its lowest value was 65.42 in 2007.

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
1995 81.05
1996 80.97
1997 79.58
1998 79.48
1999 80.86
2000 67.64
2001 69.68
2002 69.99
2003 68.69
2004 67.56
2005 67.37
2006 66.93
2007 65.42
2008 65.89
2009 69.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts