Maldives - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Maldives was 19,181 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 29,551 in 1998 and 17,970 in 2015.

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 27,879
1996 28,701
1997 29,359
1998 29,551
1999 29,300
2000 28,609
2001 24,849
2002 24,653
2003 26,766
2004 25,721
2005 19,560
2006 23,843
2007 24,682
2008 25,810
2009 23,498
2010 22,643
2011 21,622
2012 19,751
2013 19,174
2014 18,422
2015 17,970
2016 18,406
2017 18,329
2018 18,601
2019 19,181

Services, value added (current US$)

The latest value for Services, value added (current US$) in Maldives was $2,648,353,000 as of 2020. Over the past 17 years, the value for this indicator has fluctuated between $3,960,837,000 in 2019 and $768,946,600 in 2003.

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
2003 $768,946,600
2004 $896,025,300
2005 $809,409,400
2006 $1,148,419,000
2007 $1,384,835,000
2008 $1,640,014,000
2009 $1,827,605,000
2010 $2,010,858,000
2011 $2,082,520,000
2012 $2,178,396,000
2013 $2,490,245,000
2014 $2,787,991,000
2015 $2,972,459,000
2016 $3,062,465,000
2017 $3,299,811,000
2018 $3,620,547,000
2019 $3,960,837,000
2020 $2,648,353,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Maldives was 40,735,110,000 as of 2020. As the graph below shows, over the past 17 years this indicator reached a maximum value of 60,925,600,000 in 2019 and a minimum value of 9,842,517,000 in 2003.

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
2003 9,842,517,000
2004 11,469,120,000
2005 10,360,440,000
2006 14,699,760,000
2007 17,725,890,000
2008 20,992,170,000
2009 23,393,340,000
2010 25,738,980,000
2011 30,408,960,000
2012 33,470,620,000
2013 38,266,850,000
2014 42,880,420,000
2015 45,675,700,000
2016 47,065,180,000
2017 50,774,190,000
2018 55,723,110,000
2019 60,925,600,000
2020 40,735,110,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Maldives was 2,578,381,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 3,922,068,000 in 2019 and 996,770,500 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 996,770,500
1996 1,083,809,000
1997 1,172,968,000
1998 1,252,440,000
1999 1,324,662,000
2000 1,392,158,000
2001 1,289,767,000
2002 1,368,797,000
2003 1,593,290,000
2004 1,666,995,000
2005 1,372,589,000
2006 1,793,352,000
2007 1,983,264,000
2008 2,200,270,000
2009 2,119,773,000
2010 2,274,584,000
2011 2,432,449,000
2012 2,495,544,000
2013 2,714,721,000
2014 2,903,694,000
2015 2,972,459,000
2016 3,171,284,000
2017 3,367,711,000
2018 3,612,633,000
2019 3,922,068,000
2020 2,578,381,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Maldives was -34.26 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 30.65 in 2006 and a minimum value of -34.26 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 8.73
1997 8.23
1998 6.78
1999 5.77
2000 5.10
2001 -7.35
2002 6.13
2003 16.40
2004 4.63
2005 -17.66
2006 30.65
2007 10.59
2008 10.94
2009 -3.66
2010 7.30
2011 6.94
2012 2.59
2013 8.78
2014 6.96
2015 2.37
2016 6.69
2017 6.19
2018 7.27
2019 8.57
2020 -34.26

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Maldives was 38,076,360,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 57,919,300,000 in 2019 and a minimum value of 14,719,850,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 14,719,850,000
1996 16,005,190,000
1997 17,321,860,000
1998 18,495,470,000
1999 19,562,010,000
2000 20,558,750,000
2001 19,046,680,000
2002 20,213,770,000
2003 23,528,980,000
2004 24,617,420,000
2005 20,269,770,000
2006 26,483,400,000
2007 29,287,940,000
2008 32,492,570,000
2009 31,303,840,000
2010 33,590,010,000
2011 35,921,290,000
2012 36,853,060,000
2013 40,089,760,000
2014 42,880,420,000
2015 43,895,910,000
2016 46,832,070,000
2017 49,732,820,000
2018 53,349,710,000
2019 57,919,300,000
2020 38,076,360,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Maldives was 70.76 as of 2020. Its highest value over the past 17 years was 77.93 in 2009, while its lowest value was 68.30 in 2018.

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
2003 73.09
2004 73.04
2005 69.58
2006 72.91
2007 74.12
2008 72.19
2009 77.93
2010 77.69
2011 75.06
2012 75.48
2013 75.58
2014 75.41
2015 72.33
2016 69.93
2017 69.41
2018 68.30
2019 70.63
2020 70.76

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts