Bangladesh - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Bangladesh was 4,973 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 5,285 in 1991 and 3,264 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
1991 5,285
1992 4,919
1993 4,564
1994 4,246
1995 3,967
1996 3,687
1997 3,793
1998 3,904
1999 4,009
2000 4,141
2001 3,958
2002 3,777
2003 3,611
2004 3,459
2005 3,351
2006 3,264
2007 3,477
2008 3,689
2009 3,907
2010 4,056
2011 4,206
2012 4,380
2013 4,518
2014 4,644
2015 4,786
2016 4,956
2017 4,723
2018 4,822
2019 4,973

Services, value added (current US$)

The latest value for Services, value added (current US$) in Bangladesh was $172,521,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $172,521,000,000 in 2020 and $1,519,805,000 in 1960.

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
1960 $1,519,805,000
1961 $1,696,638,000
1962 $1,779,387,000
1963 $1,864,403,000
1964 $1,950,836,000
1965 $2,153,458,000
1966 $2,301,386,000
1967 $2,614,529,000
1968 $2,782,577,000
1969 $2,998,802,000
1970 $3,301,176,000
1971 $3,613,185,000
1972 $2,158,503,000
1973 $2,527,167,000
1974 $3,752,577,000
1975 $5,141,134,000
1976 $3,403,027,000
1977 $3,317,377,000
1978 $4,175,785,000
1979 $4,959,400,000
1980 $8,081,528,000
1981 $9,252,376,000
1982 $8,548,504,000
1983 $8,061,877,000
1984 $7,880,047,000
1985 $9,895,505,000
1986 $9,816,697,000
1987 $11,053,600,000
1988 $12,329,650,000
1989 $13,579,600,000
1990 $14,756,640,000
1991 $13,731,910,000
1992 $14,073,600,000
1993 $15,271,410,000
1994 $15,629,410,000
1995 $17,121,640,000
1996 $23,276,920,000
1997 $24,090,400,000
1998 $24,909,120,000
1999 $25,738,210,000
2000 $26,987,140,000
2001 $27,308,860,000
2002 $28,222,530,000
2003 $31,523,580,000
2004 $34,381,130,000
2005 $36,721,400,000
2006 $37,880,680,000
2007 $42,101,970,000
2008 $48,502,380,000
2009 $54,644,560,000
2010 $61,672,340,000
2011 $68,237,010,000
2012 $70,880,680,000
2013 $80,080,180,000
2014 $92,728,420,000
2015 $104,784,000,000
2016 $118,836,000,000
2017 $133,536,000,000
2018 $145,133,000,000
2019 $159,907,000,000
2020 $172,521,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Bangladesh was 14,628,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 14,628,700,000,000 in 2020 and a minimum value of 7,295,064,000 in 1960.

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
1960 7,295,064,000
1961 8,143,864,000
1962 8,541,059,000
1963 8,949,135,000
1964 9,364,015,000
1965 10,336,600,000
1966 11,046,650,000
1967 12,549,740,000
1968 13,356,370,000
1969 14,394,250,000
1970 15,845,640,000
1971 17,343,290,000
1972 12,951,020,000
1973 19,663,890,000
1974 29,893,030,000
1975 45,632,710,000
1976 50,534,940,000
1977 51,319,820,000
1978 63,137,870,000
1979 75,482,080,000
1980 125,102,000,000
1981 151,184,000,000
1982 171,312,000,000
1983 191,550,000,000
1984 197,001,000,000
1985 257,283,000,000
1986 294,501,000,000
1987 342,662,000,000
1988 384,685,000,000
1989 435,905,000,000
1990 485,494,000,000
1991 490,229,000,000
1992 530,575,000,000
1993 577,259,000,000
1994 626,739,000,000
1995 688,290,000,000
1996 952,026,000,000
1997 1,028,660,000,000
1998 1,130,870,000,000
1999 1,237,490,000,000
2000 1,357,720,000,000
2001 1,473,590,000,000
2002 1,620,820,000,000
2003 1,825,220,000,000
2004 2,024,020,000,000
2005 2,258,370,000,000
2006 2,544,070,000,000
2007 2,907,560,000,000
2008 3,327,750,000,000
2009 3,759,680,000,000
2010 4,266,700,000,000
2011 4,858,090,000,000
2012 5,608,580,000,000
2013 6,401,070,000,000
2014 7,206,900,000,000
2015 8,141,960,000,000
2016 9,300,511,000,000
2017 10,565,900,000,000
2018 11,918,700,000,000
2019 13,436,800,000,000
2020 14,628,700,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Bangladesh was 140,553,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 140,553,000,000 in 2020 and 13,146,730,000 in 1960.

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
1960 13,146,730,000
1961 13,229,470,000
1962 13,314,000,000
1963 13,899,060,000
1964 14,082,090,000
1965 14,833,710,000
1966 15,307,460,000
1967 16,228,130,000
1968 16,174,750,000
1969 17,413,380,000
1970 17,219,800,000
1971 16,050,030,000
1972 15,143,430,000
1973 16,452,340,000
1974 16,306,230,000
1975 17,260,750,000
1976 17,830,670,000
1977 19,138,180,000
1978 19,821,100,000
1979 19,435,250,000
1980 21,178,940,000
1981 21,908,740,000
1982 22,630,700,000
1983 23,526,730,000
1984 24,506,320,000
1985 25,371,020,000
1986 26,391,840,000
1987 27,385,800,000
1988 28,230,070,000
1989 29,162,740,000
1990 30,081,720,000
1991 31,100,950,000
1992 32,407,600,000
1993 33,664,020,000
1994 35,027,640,000
1995 36,636,690,000
1996 38,031,390,000
1997 39,585,460,000
1998 41,382,570,000
1999 43,223,620,000
2000 45,507,740,000
2001 47,952,210,000
2002 50,271,730,000
2003 52,774,680,000
2004 55,525,880,000
2005 58,966,040,000
2006 62,859,040,000
2007 66,935,530,000
2008 70,792,600,000
2009 74,388,850,000
2010 78,501,680,000
2011 83,381,840,000
2012 88,865,070,000
2013 93,765,230,000
2014 99,038,920,000
2015 104,784,000,000
2016 111,330,000,000
2017 118,779,000,000
2018 126,367,000,000
2019 134,939,000,000
2020 140,553,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Bangladesh was 4.16 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 8.97 in 1980 and a minimum value of -6.79 in 1971.

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
1961 0.63
1962 0.64
1963 4.39
1964 1.32
1965 5.34
1966 3.19
1967 6.01
1968 -0.33
1969 7.66
1970 -1.11
1971 -6.79
1972 -5.65
1973 8.64
1974 -0.89
1975 5.85
1976 3.30
1977 7.33
1978 3.57
1979 -1.95
1980 8.97
1981 3.45
1982 3.30
1983 3.96
1984 4.16
1985 3.53
1986 4.02
1987 3.77
1988 3.08
1989 3.30
1990 3.15
1991 3.39
1992 4.20
1993 3.88
1994 4.05
1995 4.59
1996 3.81
1997 4.09
1998 4.54
1999 4.45
2000 5.28
2001 5.37
2002 4.84
2003 4.98
2004 5.21
2005 6.20
2006 6.60
2007 6.49
2008 5.76
2009 5.08
2010 5.53
2011 6.22
2012 6.58
2013 5.51
2014 5.62
2015 5.80
2016 6.25
2017 6.69
2018 6.39
2019 6.78
2020 4.16

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Bangladesh was 5,688,540,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,688,540,000,000 in 2020 and a minimum value of 532,082,000,000 in 1960.

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
1960 532,082,000,000
1961 535,431,000,000
1962 538,852,000,000
1963 562,531,000,000
1964 569,938,000,000
1965 600,358,000,000
1966 619,532,000,000
1967 656,794,000,000
1968 654,634,000,000
1969 704,764,000,000
1970 696,930,000,000
1971 649,586,000,000
1972 612,893,000,000
1973 665,868,000,000
1974 659,955,000,000
1975 698,587,000,000
1976 721,653,000,000
1977 774,571,000,000
1978 802,211,000,000
1979 786,595,000,000
1980 857,166,000,000
1981 886,703,000,000
1982 915,923,000,000
1983 952,187,000,000
1984 991,834,000,000
1985 1,026,830,000,000
1986 1,068,150,000,000
1987 1,108,370,000,000
1988 1,142,540,000,000
1989 1,180,290,000,000
1990 1,217,480,000,000
1991 1,258,740,000,000
1992 1,311,620,000,000
1993 1,362,470,000,000
1994 1,417,660,000,000
1995 1,482,780,000,000
1996 1,539,230,000,000
1997 1,602,130,000,000
1998 1,674,860,000,000
1999 1,749,370,000,000
2000 1,841,820,000,000
2001 1,940,750,000,000
2002 2,034,630,000,000
2003 2,135,930,000,000
2004 2,247,280,000,000
2005 2,386,510,000,000
2006 2,544,070,000,000
2007 2,709,050,000,000
2008 2,865,160,000,000
2009 3,010,710,000,000
2010 3,177,160,000,000
2011 3,374,680,000,000
2012 3,596,600,000,000
2013 3,794,920,000,000
2014 4,008,360,000,000
2015 4,240,890,000,000
2016 4,505,810,000,000
2017 4,807,280,000,000
2018 5,114,390,000,000
2019 5,461,330,000,000
2020 5,688,540,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Bangladesh was 53.40 as of 2020. Its highest value over the past 60 years was 53.71 in 2015, while its lowest value was 26.43 in 1975.

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
1960 35.55
1961 35.22
1962 35.02
1963 35.05
1964 36.22
1965 36.46
1966 35.74
1967 36.04
1968 37.18
1969 35.40
1970 36.71
1971 41.28
1972 34.33
1973 31.25
1974 29.99
1975 26.43
1976 33.64
1977 34.37
1978 31.44
1979 31.86
1980 44.56
1981 45.69
1982 46.14
1983 45.78
1984 41.65
1985 44.42
1986 45.08
1987 45.49
1988 46.39
1989 47.18
1990 46.70
1991 44.36
1992 44.38
1993 46.04
1994 46.28
1995 45.13
1996 50.12
1997 49.93
1998 49.83
1999 50.20
2000 50.57
2001 50.58
2002 51.57
2003 52.40
2004 52.81
2005 52.88
2006 52.74
2007 52.88
2008 52.93
2009 53.32
2010 53.50
2011 53.05
2012 53.15
2013 53.39
2014 53.64
2015 53.71
2016 53.67
2017 53.48
2018 52.96
2019 52.85
2020 53.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts