Barbados - Services
Financial intermediary services indirectly Measured (FISIM) (current LCU)
The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Barbados was 137,300,000 as of 2005. As the graph below shows, over the past 15 years this indicator reached a maximum value of 137,300,000 in 2005 and a minimum value of 46,700,000 in 1993.
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 |
|---|---|
| 1990 | 49,200,000 |
| 1991 | 49,900,000 |
| 1992 | 52,900,000 |
| 1993 | 46,700,000 |
| 1994 | 58,800,000 |
| 1995 | 65,400,000 |
| 1996 | 72,500,000 |
| 1997 | 77,400,000 |
| 1998 | 95,000,000 |
| 1999 | 110,600,000 |
| 2000 | 105,300,000 |
| 2001 | 98,500,000 |
| 2002 | 111,300,000 |
| 2003 | 108,200,000 |
| 2004 | 120,400,000 |
| 2005 | 137,300,000 |
Services, value added (current US$)
The latest value for Services, value added (current US$) in Barbados was $2,747,550,000 as of 2005. Over the past 30 years, the value for this indicator has fluctuated between $2,747,550,000 in 2005 and $236,153,200 in 1975.
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 |
|---|---|
| 1975 | $236,153,200 |
| 1976 | $278,168,000 |
| 1977 | $307,538,900 |
| 1978 | $339,382,500 |
| 1979 | $414,806,300 |
| 1980 | $515,736,100 |
| 1981 | $595,425,900 |
| 1982 | $633,272,000 |
| 1983 | $657,882,900 |
| 1984 | $717,048,700 |
| 1985 | $791,776,400 |
| 1986 | $845,821,100 |
| 1987 | $924,973,900 |
| 1988 | $985,581,400 |
| 1989 | $1,103,963,000 |
| 1990 | $1,428,579,000 |
| 1991 | $1,424,750,000 |
| 1992 | $1,399,650,000 |
| 1993 | $1,456,869,000 |
| 1994 | $1,547,606,000 |
| 1995 | $1,599,612,000 |
| 1996 | $1,721,374,000 |
| 1997 | $1,797,594,000 |
| 1998 | $1,984,338,000 |
| 1999 | $2,083,727,000 |
| 2000 | $2,180,300,000 |
| 2001 | $2,184,000,000 |
| 2002 | $2,289,250,000 |
| 2003 | $2,302,550,000 |
| 2004 | $2,509,450,000 |
| 2005 | $2,747,550,000 |
Services, value added (current LCU)
The value for Services, value added (current LCU) in Barbados was 5,495,100,000 as of 2005. As the graph below shows, over the past 30 years this indicator reached a maximum value of 5,495,100,000 in 2005 and a minimum value of 477,053,000 in 1975.
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 |
|---|---|
| 1975 | 477,053,000 |
| 1976 | 557,393,000 |
| 1977 | 617,169,000 |
| 1978 | 682,600,000 |
| 1979 | 834,300,000 |
| 1980 | 1,037,300,000 |
| 1981 | 1,197,580,000 |
| 1982 | 1,273,700,000 |
| 1983 | 1,323,200,000 |
| 1984 | 1,442,200,000 |
| 1985 | 1,592,500,000 |
| 1986 | 1,701,200,000 |
| 1987 | 1,860,400,000 |
| 1988 | 1,982,300,000 |
| 1989 | 2,220,400,000 |
| 1990 | 2,873,300,000 |
| 1991 | 2,865,600,000 |
| 1992 | 2,799,300,000 |
| 1993 | 2,930,200,000 |
| 1994 | 3,112,700,000 |
| 1995 | 3,217,300,000 |
| 1996 | 3,462,200,000 |
| 1997 | 3,615,500,000 |
| 1998 | 3,991,100,000 |
| 1999 | 4,191,000,000 |
| 2000 | 4,360,600,000 |
| 2001 | 4,368,000,000 |
| 2002 | 4,578,500,000 |
| 2003 | 4,605,100,000 |
| 2004 | 5,018,900,000 |
| 2005 | 5,495,100,000 |
Services, value added (annual % growth)
The value for Services, value added (annual % growth) in Barbados was 0.59 as of 2019. As the graph below shows, over the past 43 years this indicator reached a maximum value of 10.63 in 2006 and a minimum value of -5.59 in 2009.
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 |
|---|---|
| 1976 | 0.80 |
| 1977 | 5.83 |
| 1978 | 4.15 |
| 1979 | 8.37 |
| 1980 | 4.19 |
| 1981 | 0.09 |
| 1982 | -4.67 |
| 1983 | -0.78 |
| 1984 | 3.13 |
| 1985 | 3.13 |
| 1986 | 4.92 |
| 1987 | 5.53 |
| 1988 | 3.57 |
| 1989 | 4.37 |
| 1990 | -3.91 |
| 1991 | -3.77 |
| 1992 | -5.08 |
| 1993 | 1.74 |
| 1994 | 4.82 |
| 1995 | 1.17 |
| 1996 | 2.39 |
| 1997 | 4.50 |
| 1998 | 7.09 |
| 1999 | -0.98 |
| 2000 | 5.81 |
| 2001 | -2.21 |
| 2002 | 0.20 |
| 2003 | 3.32 |
| 2004 | 1.66 |
| 2005 | 2.90 |
| 2006 | 10.63 |
| 2007 | 3.51 |
| 2008 | 0.11 |
| 2009 | -5.59 |
| 2010 | -0.66 |
| 2011 | -0.49 |
| 2012 | -0.07 |
| 2013 | -1.51 |
| 2014 | 0.16 |
| 2015 | 2.62 |
| 2016 | 3.53 |
| 2017 | 0.49 |
| 2018 | -0.29 |
| 2019 | 0.59 |
Services, value added (constant LCU)
The value for Services, value added (constant LCU) in Barbados was 6,776,500,000 as of 2019. As the graph below shows, over the past 44 years this indicator reached a maximum value of 6,879,151,000 in 2008 and a minimum value of 3,297,418,000 in 1975.
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 |
|---|---|
| 1975 | 3,297,418,000 |
| 1976 | 3,323,820,000 |
| 1977 | 3,517,522,000 |
| 1978 | 3,663,348,000 |
| 1979 | 3,969,856,000 |
| 1980 | 4,136,198,000 |
| 1981 | 4,140,021,000 |
| 1982 | 3,946,583,000 |
| 1983 | 3,915,603,000 |
| 1984 | 4,038,013,000 |
| 1985 | 4,164,201,000 |
| 1986 | 4,368,973,000 |
| 1987 | 4,610,770,000 |
| 1988 | 4,775,494,000 |
| 1989 | 4,984,045,000 |
| 1990 | 4,789,095,000 |
| 1991 | 4,608,503,000 |
| 1992 | 4,374,262,000 |
| 1993 | 4,450,579,000 |
| 1994 | 4,665,175,000 |
| 1995 | 4,719,579,000 |
| 1996 | 4,832,165,000 |
| 1997 | 5,049,783,000 |
| 1998 | 5,407,945,000 |
| 1999 | 5,355,052,000 |
| 2000 | 5,666,366,000 |
| 2001 | 5,540,934,000 |
| 2002 | 5,552,268,000 |
| 2003 | 5,736,638,000 |
| 2004 | 5,831,846,000 |
| 2005 | 6,001,104,000 |
| 2006 | 6,638,779,000 |
| 2007 | 6,871,609,000 |
| 2008 | 6,879,151,000 |
| 2009 | 6,494,546,000 |
| 2010 | 6,451,793,000 |
| 2011 | 6,419,933,000 |
| 2012 | 6,415,699,000 |
| 2013 | 6,318,666,000 |
| 2014 | 6,328,783,000 |
| 2015 | 6,494,351,000 |
| 2016 | 6,723,649,000 |
| 2017 | 6,756,597,000 |
| 2018 | 6,736,785,000 |
| 2019 | 6,776,500,000 |
Services, value added (% of GDP)
Services, value added (% of GDP) in Barbados was 71.93 as of 2005. Its highest value over the past 30 years was 73.69 in 2002, while its lowest value was 50.95 in 1980.
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 |
|---|---|
| 1975 | 58.72 |
| 1976 | 63.81 |
| 1977 | 62.12 |
| 1978 | 61.38 |
| 1979 | 61.88 |
| 1980 | 50.95 |
| 1981 | 53.44 |
| 1982 | 54.41 |
| 1983 | 53.23 |
| 1984 | 53.24 |
| 1985 | 56.17 |
| 1986 | 54.65 |
| 1987 | 54.27 |
| 1988 | 54.37 |
| 1989 | 55.03 |
| 1990 | 71.00 |
| 1991 | 70.51 |
| 1992 | 71.52 |
| 1993 | 70.61 |
| 1994 | 71.94 |
| 1995 | 72.15 |
| 1996 | 72.83 |
| 1997 | 71.95 |
| 1998 | 70.44 |
| 1999 | 70.59 |
| 2000 | 71.26 |
| 2001 | 71.50 |
| 2002 | 73.69 |
| 2003 | 71.74 |
| 2004 | 72.85 |
| 2005 | 71.93 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
