Central Europe and the Baltics - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Central Europe and the Baltics was 30,919 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 30,919 in 2019 and 18,316 in 1995.

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
1995 18,316
1996 18,936
1997 19,210
1998 19,619
1999 20,145
2000 21,346
2001 21,965
2002 22,844
2003 23,041
2004 23,561
2005 24,293
2006 24,677
2007 25,688
2008 25,853
2009 25,148
2010 25,437
2011 25,881
2012 27,127
2013 26,976
2014 26,932
2015 27,390
2016 27,909
2017 28,803
2018 29,800
2019 30,919

Services, value added (current US$)

The latest value for Services, value added (current US$) in Central Europe and the Baltics was $974,124,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $974,544,000,000 in 2019 and $199,380,000,000 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 $199,380,000,000
1996 $212,894,000,000
1997 $211,518,000,000
1998 $236,693,000,000
1999 $234,456,000,000
2000 $236,379,000,000
2001 $260,736,000,000
2002 $297,578,000,000
2003 $354,934,000,000
2004 $416,963,000,000
2005 $487,657,000,000
2006 $550,048,000,000
2007 $693,206,000,000
2008 $840,130,000,000
2009 $724,952,000,000
2010 $735,884,000,000
2011 $790,716,000,000
2012 $755,146,000,000
2013 $801,467,000,000
2014 $820,481,000,000
2015 $723,997,000,000
2016 $747,704,000,000
2017 $836,183,000,000
2018 $946,101,000,000
2019 $974,544,000,000
2020 $974,124,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Central Europe and the Baltics was 847,786,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 869,426,000,000 in 2019 and 370,262,000,000 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, 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
1995 370,262,000,000
1996 390,616,000,000
1997 400,449,000,000
1998 415,147,000,000
1999 427,189,000,000
2000 449,375,000,000
2001 461,417,000,000
2002 480,339,000,000
2003 495,392,000,000
2004 516,321,000,000
2005 543,717,000,000
2006 574,445,000,000
2007 615,551,000,000
2008 631,619,000,000
2009 621,009,000,000
2010 630,292,000,000
2011 641,342,000,000
2012 679,136,000,000
2013 682,228,000,000
2014 696,696,000,000
2015 723,997,000,000
2016 750,823,000,000
2017 790,490,000,000
2018 828,137,000,000
2019 869,426,000,000
2020 847,786,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Central Europe and the Baltics was -2.49 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 7.16 in 2007 and a minimum value of -2.49 in 2020.

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
1996 5.50
1997 2.52
1998 3.67
1999 2.90
2000 5.19
2001 2.68
2002 4.10
2003 3.13
2004 4.22
2005 5.31
2006 5.65
2007 7.16
2008 2.61
2009 -1.68
2010 1.49
2011 1.75
2012 5.89
2013 0.46
2014 2.12
2015 3.92
2016 3.71
2017 5.28
2018 4.76
2019 4.99
2020 -2.49

Services, value added (% of GDP)

Services, value added (% of GDP) in Central Europe and the Baltics was 58.92 as of 2020. Its highest value over the past 25 years was 58.92 in 2020, while its lowest value was 50.69 in 1995.

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 50.69
1996 51.16
1997 51.58
1998 52.74
1999 53.90
2000 55.19
2001 55.61
2002 56.32
2003 55.97
2004 54.63
2005 54.99
2006 54.84
2007 54.72
2008 54.80
2009 56.16
2010 55.83
2011 54.56
2012 55.80
2013 56.33
2014 55.97
2015 55.99
2016 56.58
2017 57.10
2018 57.50
2019 58.22
2020 58.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts