Kenya - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Kenya was 214,117,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 260,609,000,000 in 2016 and a minimum value of 30,692,000,000 in 2006.

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
2006 30,692,000,000
2007 35,248,000,000
2008 45,749,000,000
2009 70,956,000,000
2010 85,916,000,000
2011 108,379,000,000
2012 133,340,000,000
2013 148,895,000,000
2014 180,962,000,000
2015 216,100,000,000
2016 260,609,000,000
2017 241,384,000,000
2018 215,414,000,000
2019 226,631,000,000
2020 214,117,000,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Kenya was 272,958,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 278,418,000,000 in 2019 and a minimum value of 109,397,000,000 in 2006.

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
2006 109,397,000,000
2007 113,336,000,000
2008 118,392,000,000
2009 130,960,000,000
2010 151,812,000,000
2011 165,597,000,000
2012 182,298,000,000
2013 205,688,000,000
2014 231,442,000,000
2015 260,075,000,000
2016 260,609,000,000
2017 245,063,000,000
2018 254,198,000,000
2019 278,418,000,000
2020 272,958,000,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Kenya was 4,162 as of 2019. Over the past 13 years, the value for this indicator has fluctuated between 4,162 in 2019 and 3,966 in 2008.

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
2006 4,007
2007 4,041
2008 3,966
2009 4,010
2010 4,052
2011 4,051
2012 4,009
2013 3,975
2014 3,976
2015 3,981
2016 3,988
2017 4,028
2018 4,092
2019 4,162

Services, value added (current US$)

The latest value for Services, value added (current US$) in Kenya was $54,104,510,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between $56,166,860,000 in 2019 and $13,004,880,000 in 2006.

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
2006 $13,004,880,000
2007 $16,051,850,000
2008 $17,992,360,000
2009 $24,736,880,000
2010 $25,880,390,000
2011 $25,878,450,000
2012 $31,384,600,000
2013 $34,585,770,000
2014 $38,892,060,000
2015 $39,359,550,000
2016 $42,230,530,000
2017 $45,820,360,000
2018 $51,651,130,000
2019 $56,166,860,000
2020 $54,104,510,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Kenya was 5,759,470,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 5,759,470,000,000 in 2020 and a minimum value of 937,662,000,000 in 2006.

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
2006 937,662,000,000
2007 1,080,570,000,000
2008 1,244,630,000,000
2009 1,913,450,000,000
2010 2,050,590,000,000
2011 2,298,290,000,000
2012 2,652,930,000,000
2013 2,978,630,000,000
2014 3,419,480,000,000
2015 3,864,260,000,000
2016 4,286,580,000,000
2017 4,738,330,000,000
2018 5,232,340,000,000
2019 5,728,460,000,000
2020 5,759,470,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Kenya was 48,453,800,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 49,520,920,000 in 2019 and 24,618,080,000 in 2006.

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
2006 24,618,080,000
2007 26,307,050,000
2008 27,045,940,000
2009 28,777,960,000
2010 30,877,900,000
2011 32,370,190,000
2012 33,809,510,000
2013 34,858,060,000
2014 36,961,860,000
2015 39,359,550,000
2016 41,669,230,000
2017 43,785,880,000
2018 46,420,220,000
2019 49,520,920,000
2020 48,453,800,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Kenya was -2.15 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 7.30 in 2010 and a minimum value of -2.15 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
2007 6.86
2008 2.81
2009 6.40
2010 7.30
2011 4.83
2012 4.45
2013 3.10
2014 6.04
2015 6.49
2016 5.87
2017 5.08
2018 6.02
2019 6.68
2020 -2.15

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Kenya was 4,984,530,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 5,094,300,000,000 in 2019 and a minimum value of 2,532,500,000,000 in 2006.

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
2006 2,532,500,000,000
2007 2,706,250,000,000
2008 2,782,260,000,000
2009 2,960,440,000,000
2010 3,176,460,000,000
2011 3,329,980,000,000
2012 3,478,040,000,000
2013 3,585,910,000,000
2014 3,802,330,000,000
2015 4,048,980,000,000
2016 4,286,580,000,000
2017 4,504,330,000,000
2018 4,775,330,000,000
2019 5,094,300,000,000
2020 4,984,530,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Kenya was 53.56 as of 2020. Its highest value over the past 14 years was 58.41 in 2009, while its lowest value was 50.12 in 2008.

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
2006 50.36
2007 50.23
2008 50.12
2009 58.41
2010 57.00
2011 55.21
2012 55.65
2013 56.08
2014 56.95
2015 56.13
2016 56.45
2017 55.85
2018 56.02
2019 55.86
2020 53.56

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts