Marshall Islands - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Marshall Islands was 8,000,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 9,439,400 in 2018 and a minimum value of 1,346,900 in 1998.

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
1997 1,390,500
1998 1,346,900
1999 1,444,600
2000 3,257,300
2001 3,364,800
2002 3,535,900
2003 3,218,100
2004 4,292,300
2005 4,574,500
2006 5,180,200
2007 5,775,200
2008 5,471,800
2009 4,913,600
2010 4,689,600
2011 4,560,200
2012 4,529,400
2013 5,121,500
2014 5,500,500
2015 5,819,900
2016 6,168,700
2017 8,188,200
2018 9,439,400
2019 9,424,000
2020 8,000,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Marshall Islands was 8,275,789 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 8,275,789 in 2020 and a minimum value of 1,699,200 in 1998.

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
1997 1,902,700
1998 1,699,200
1999 1,795,800
2000 3,634,700
2001 3,795,600
2002 3,716,400
2003 3,819,400
2004 3,825,900
2005 3,819,000
2006 3,572,500
2007 3,712,600
2008 3,781,300
2009 4,157,200
2010 4,192,900
2011 4,026,000
2012 3,953,810
2013 4,192,460
2014 4,852,021
2015 5,819,860
2016 6,366,276
2017 7,333,786
2018 7,793,852
2019 7,993,012
2020 8,275,789

Services, value added (current US$)

The latest value for Services, value added (current US$) in Marshall Islands was $164,200,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $164,200,000 in 2020 and $75,962,300 in 1999.

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
1997 $76,179,200
1998 $76,614,300
1999 $75,962,300
2000 $83,738,500
2001 $87,976,000
2002 $94,022,400
2003 $97,073,400
2004 $102,730,900
2005 $106,777,700
2006 $108,388,400
2007 $112,605,200
2008 $116,902,400
2009 $113,904,900
2010 $114,615,000
2011 $118,773,000
2012 $120,880,100
2013 $125,976,800
2014 $131,002,900
2015 $138,430,900
2016 $143,781,400
2017 $153,713,100
2018 $159,710,000
2019 $162,931,100
2020 $164,200,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Marshall Islands was 164,200,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 164,200,000 in 2020 and a minimum value of 75,962,300 in 1999.

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
1997 76,179,200
1998 76,614,300
1999 75,962,300
2000 83,738,500
2001 87,976,000
2002 94,022,400
2003 97,073,400
2004 102,730,900
2005 106,777,700
2006 108,388,400
2007 112,605,200
2008 116,902,400
2009 113,904,900
2010 114,615,000
2011 118,773,000
2012 120,880,100
2013 125,976,800
2014 131,002,900
2015 138,430,900
2016 143,781,400
2017 153,713,100
2018 159,710,000
2019 162,931,100
2020 164,200,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Marshall Islands was 151,942,800 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 154,844,300 in 2019 and 103,186,900 in 1999.

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
1997 110,340,900
1998 106,353,500
1999 103,186,900
2000 109,604,400
2001 115,892,200
2002 119,751,300
2003 122,418,500
2004 123,887,300
2005 127,488,400
2006 121,953,300
2007 128,338,600
2008 119,104,400
2009 122,880,000
2010 126,725,600
2011 125,801,100
2012 129,195,400
2013 132,472,200
2014 132,911,500
2015 138,430,900
2016 141,024,100
2017 148,250,100
2018 153,057,700
2019 154,844,300
2020 151,942,800

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Marshall Islands was -1.87 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 6.22 in 2000 and a minimum value of -7.20 in 2008.

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
1998 -3.61
1999 -2.98
2000 6.22
2001 5.74
2002 3.33
2003 2.23
2004 1.20
2005 2.91
2006 -4.34
2007 5.24
2008 -7.20
2009 3.17
2010 3.13
2011 -0.73
2012 2.70
2013 2.54
2014 0.33
2015 4.15
2016 1.87
2017 5.12
2018 3.24
2019 1.17
2020 -1.87

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Marshall Islands was 151,942,800 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 154,844,300 in 2019 and a minimum value of 103,186,900 in 1999.

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
1997 110,340,900
1998 106,353,500
1999 103,186,900
2000 109,604,400
2001 115,892,200
2002 119,751,300
2003 122,418,500
2004 123,887,300
2005 127,488,400
2006 121,953,300
2007 128,338,600
2008 119,104,400
2009 122,880,000
2010 126,725,600
2011 125,801,100
2012 129,195,400
2013 132,472,200
2014 132,911,500
2015 138,430,900
2016 141,024,100
2017 148,250,100
2018 153,057,700
2019 154,844,300
2020 151,942,800

Services, value added (% of GDP)

Services, value added (% of GDP) in Marshall Islands was 67.17 as of 2020. Its highest value over the past 23 years was 78.19 in 2005, while its lowest value was 66.44 in 1999.

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
1997 68.81
1998 68.24
1999 66.44
2000 72.60
2001 71.63
2002 71.37
2003 73.88
2004 77.57
2005 78.19
2006 76.59
2007 75.91
2008 76.96
2009 76.05
2010 71.45
2011 68.98
2012 66.99
2013 68.15
2014 71.92
2015 75.31
2016 71.35
2017 72.10
2018 72.07
2019 68.04
2020 67.17

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts