Azerbaijan - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Azerbaijan was 568,900,000 as of 2009. As the graph below shows, over the past 14 years this indicator reached a maximum value of 580,700,000 in 2008 and a minimum value of 10,400,000 in 1997.

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 43,200,000
1996 28,000,000
1997 10,400,000
1998 19,400,000
1999 18,900,000
2000 27,400,000
2001 34,500,000
2002 35,400,000
2003 41,700,000
2004 66,000,000
2005 72,500,000
2006 191,900,000
2007 298,000,000
2008 580,700,000
2009 568,900,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Azerbaijan was 35,078,010 as of 2009. As the graph below shows, over the past 8 years this indicator reached a maximum value of 98,900,000 in 2001 and a minimum value of 35,078,010 in 2009.

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
2001 98,900,000
2002 96,200,000
2003 81,100,000
2004 71,500,000
2005 72,500,000
2006 73,225,000
2007 67,653,940
2008 48,719,920
2009 35,078,010

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

The latest value for Services, value added per worker (constant 2010 US$) in Azerbaijan was 10,215 as of 2019. Over the past 27 years, the value for this indicator has fluctuated between 10,215 in 2019 and 2,525 in 1996.

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
1992 3,848
1993 3,259
1994 3,067
1995 2,698
1996 2,525
1997 2,561
1998 2,589
1999 2,981
2000 3,075
2001 3,346
2002 3,598
2003 3,836
2004 4,100
2005 4,303
2006 5,053
2007 5,518
2008 6,201
2009 6,431
2010 7,059
2011 7,471
2012 7,978
2013 8,427
2014 9,020
2015 9,390
2016 9,137
2017 9,473
2018 9,889
2019 10,215

Services, value added (current US$)

The latest value for Services, value added (current US$) in Azerbaijan was $17,908,940,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between $25,294,020,000 in 2014 and $128,638,900 in 1992.

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
1992 $128,638,900
1993 $563,645,000
1994 $453,969,100
1995 $917,185,900
1996 $979,890,800
1997 $1,419,144,000
1998 $1,927,113,000
1999 $1,788,835,000
2000 $1,886,902,000
2001 $1,968,002,000
2002 $2,023,863,000
2003 $2,323,083,000
2004 $2,760,252,000
2005 $3,365,665,000
2006 $4,891,986,000
2007 $7,149,516,000
2008 $11,452,040,000
2009 $13,829,810,000
2010 $14,779,470,000
2011 $18,020,510,000
2012 $20,353,490,000
2013 $22,927,210,000
2014 $25,294,020,000
2015 $21,227,600,000
2016 $14,651,880,000
2017 $15,355,680,000
2018 $16,394,350,000
2019 $17,579,290,000
2020 $17,908,940,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Azerbaijan was 30,445,200,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 30,445,200,000 in 2020 and a minimum value of 101,900 in 1990.

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
1990 101,900
1991 183,000
1992 1,389,300
1993 11,272,900
1994 142,546,300
1995 809,600,000
1996 843,000,000
1997 1,131,200,000
1998 1,491,200,000
1999 1,474,000,000
2000 1,688,400,000
2001 1,832,800,000
2002 1,967,600,000
2003 2,281,500,000
2004 2,712,500,000
2005 3,181,900,000
2006 4,370,500,000
2007 6,135,000,000
2008 9,409,000,000
2009 11,116,400,000
2010 11,862,000,000
2011 14,230,800,000
2012 15,989,700,000
2013 17,986,400,000
2014 19,838,100,000
2015 21,749,800,000
2016 23,380,000,000
2017 26,430,200,000
2018 27,870,400,000
2019 29,884,800,000
2020 30,445,200,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Azerbaijan was 24,059,760,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 25,038,440,000 in 2019 and 4,261,303,000 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, 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
1992 6,154,882,000
1993 5,393,830,000
1994 5,140,969,000
1995 4,527,523,000
1996 4,261,303,000
1997 4,374,814,000
1998 4,470,544,000
1999 5,135,599,000
2000 5,459,626,000
2001 6,113,475,000
2002 6,480,964,000
2003 6,968,476,000
2004 7,541,975,000
2005 8,038,955,000
2006 9,469,250,000
2007 10,696,130,000
2008 12,186,470,000
2009 13,250,130,000
2010 14,471,480,000
2011 15,487,540,000
2012 16,885,410,000
2013 18,434,910,000
2014 20,117,080,000
2015 21,227,600,000
2016 21,466,250,000
2017 22,427,600,000
2018 23,591,310,000
2019 25,038,440,000
2020 24,059,760,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Azerbaijan was -3.91 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 17.79 in 2006 and a minimum value of -12.37 in 1993.

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
1993 -12.37
1994 -4.69
1995 -11.93
1996 -5.88
1997 2.66
1998 2.19
1999 14.88
2000 6.31
2001 11.98
2002 6.01
2003 7.52
2004 8.23
2005 6.59
2006 17.79
2007 12.96
2008 13.93
2009 8.73
2010 9.22
2011 7.02
2012 9.03
2013 9.18
2014 9.12
2015 5.52
2016 1.12
2017 4.48
2018 5.19
2019 6.13
2020 -3.91

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Azerbaijan was 8,594,400,000 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 8,943,995,000 in 2019 and a minimum value of 1,522,183,000 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 constant local currency.

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

Year Value
1992 2,198,589,000
1993 1,926,733,000
1994 1,836,409,000
1995 1,617,279,000
1996 1,522,183,000
1997 1,562,730,000
1998 1,596,926,000
1999 1,834,490,000
2000 1,950,237,000
2001 2,183,798,000
2002 2,315,069,000
2003 2,489,214,000
2004 2,694,073,000
2005 2,871,600,000
2006 3,382,516,000
2007 3,820,770,000
2008 4,353,135,000
2009 4,733,086,000
2010 5,169,368,000
2011 5,532,312,000
2012 6,031,647,000
2013 6,585,145,000
2014 7,186,035,000
2015 7,582,725,000
2016 7,667,973,000
2017 8,011,376,000
2018 8,427,067,000
2019 8,943,995,000
2020 8,594,400,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Azerbaijan was 42.03 as of 2020. Its highest value over the past 30 years was 43.34 in 1998, while its lowest value was 21.63 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
1990 34.75
1991 34.24
1992 28.82
1993 35.90
1994 38.04
1995 37.94
1996 30.85
1997 35.82
1998 43.34
1999 39.05
2000 35.79
2001 34.48
2002 32.46
2003 31.92
2004 31.80
2005 25.41
2006 23.31
2007 21.63
2008 23.44
2009 31.22
2010 27.93
2011 27.32
2012 29.21
2013 30.91
2014 33.62
2015 40.00
2016 38.69
2017 37.58
2018 34.80
2019 36.49
2020 42.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts