IDA blend - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in IDA blend was 7,107 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 7,585 in 2016 and 4,496 in 2000.

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 4,636
1992 4,620
1993 4,599
1994 4,565
1995 4,599
1996 4,600
1997 4,567
1998 4,544
1999 4,554
2000 4,496
2001 4,575
2002 4,665
2003 4,616
2004 4,970
2005 5,193
2006 5,454
2007 5,741
2008 6,021
2009 6,216
2010 6,515
2011 6,625
2012 6,826
2013 7,190
2014 7,382
2015 7,482
2016 7,585
2017 7,393
2018 7,261
2019 7,107

Services, value added (current US$)

The latest value for Services, value added (current US$) in IDA blend was $470,055,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $546,336,000,000 in 2015 and $55,386,530,000 in 1989.

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
1981 $115,906,000,000
1982 $110,983,000,000
1983 $81,780,550,000
1984 $68,616,680,000
1985 $66,631,770,000
1986 $59,749,650,000
1987 $59,189,960,000
1988 $58,696,730,000
1989 $55,386,530,000
1990 $61,532,270,000
1991 $59,886,160,000
1992 $60,858,680,000
1993 $57,312,620,000
1994 $55,767,740,000
1995 $64,347,260,000
1996 $69,569,200,000
1997 $71,020,510,000
1998 $73,317,650,000
1999 $78,319,250,000
2000 $96,504,920,000
2001 $100,323,000,000
2002 $105,021,000,000
2003 $117,572,000,000
2004 $145,820,000,000
2005 $176,923,000,000
2006 $229,478,000,000
2007 $269,687,000,000
2008 $316,772,000,000
2009 $311,807,000,000
2010 $359,217,000,000
2011 $400,662,000,000
2012 $449,080,000,000
2013 $501,825,000,000
2014 $546,178,000,000
2015 $546,336,000,000
2016 $515,972,000,000
2017 $491,648,000,000
2018 $497,044,000,000
2019 $504,291,000,000
2020 $470,055,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in IDA blend was 600,089,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 610,580,000,000 in 2019 and 100,864,000,000 in 1981.

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
1981 100,864,000,000
1982 106,340,000,000
1983 110,100,000,000
1984 111,400,000,000
1985 117,095,000,000
1986 122,186,000,000
1987 125,650,000,000
1988 131,547,000,000
1989 134,750,000,000
1990 139,206,000,000
1991 142,898,000,000
1992 147,194,000,000
1993 150,232,000,000
1994 153,842,000,000
1995 158,871,000,000
1996 165,221,000,000
1997 170,952,000,000
1998 176,778,000,000
1999 184,331,000,000
2000 191,110,000,000
2001 202,579,000,000
2002 216,065,000,000
2003 224,014,000,000
2004 251,446,000,000
2005 273,397,000,000
2006 299,847,000,000
2007 327,969,000,000
2008 356,277,000,000
2009 385,122,000,000
2010 419,192,000,000
2011 440,984,000,000
2012 462,100,000,000
2013 492,766,000,000
2014 522,180,000,000
2015 546,336,000,000
2016 557,721,000,000
2017 570,363,000,000
2018 591,662,000,000
2019 610,580,000,000
2020 600,089,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in IDA blend was -1.72 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 12.25 in 2004 and a minimum value of -1.72 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
1982 5.43
1983 3.54
1984 1.18
1985 5.11
1986 4.35
1987 2.83
1988 4.69
1989 2.44
1990 3.31
1991 2.65
1992 3.01
1993 2.06
1994 2.40
1995 3.27
1996 4.00
1997 3.47
1998 3.41
1999 4.27
2000 3.68
2001 6.00
2002 6.66
2003 3.68
2004 12.25
2005 8.73
2006 9.67
2007 9.38
2008 8.63
2009 8.10
2010 8.85
2011 5.20
2012 4.79
2013 6.64
2014 5.97
2015 4.63
2016 2.08
2017 2.27
2018 3.73
2019 3.20
2020 -1.72

Services, value added (% of GDP)

Services, value added (% of GDP) in IDA blend was 48.88 as of 2020. Its highest value over the past 39 years was 54.77 in 2016, while its lowest value was 40.34 in 1997.

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
1981 47.69
1982 49.96
1983 48.52
1984 47.43
1985 45.85
1986 45.60
1987 44.16
1988 42.65
1989 41.76
1990 42.06
1991 40.76
1992 41.23
1993 43.19
1994 41.84
1995 41.18
1996 40.34
1997 40.34
1998 42.18
1999 43.14
2000 46.69
2001 48.61
2002 46.05
2003 45.84
2004 46.72
2005 47.41
2006 49.15
2007 50.09
2008 49.51
2009 51.39
2010 50.60
2011 49.21
2012 49.87
2013 51.31
2014 52.06
2015 54.02
2016 54.77
2017 53.14
2018 51.44
2019 50.51
2020 48.88

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts