Middle income - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Middle income was 14,978 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 14,978 in 2019 and 7,631 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
1991 8,203
1992 8,102
1993 7,900
1994 7,818
1995 7,631
1996 7,722
1997 7,898
1998 7,952
1999 8,116
2000 8,310
2001 8,493
2002 8,663
2003 8,853
2004 9,128
2005 9,569
2006 10,017
2007 10,783
2008 11,233
2009 11,416
2010 11,888
2011 12,298
2012 12,758
2013 13,005
2014 13,293
2015 13,559
2016 13,896
2017 14,262
2018 14,694
2019 14,978

Services, value added (current US$)

The latest value for Services, value added (current US$) in Middle income was $16,585,200,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $17,217,000,000,000 in 2019 and $125,513,000,000 in 1961.

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
1960 $132,913,000,000
1961 $125,513,000,000
1962 $132,403,000,000
1963 $139,972,000,000
1964 $155,328,000,000
1965 $170,101,000,000
1966 $172,316,000,000
1967 $181,883,000,000
1968 $194,283,000,000
1969 $215,701,000,000
1970 $232,111,000,000
1971 $252,430,000,000
1972 $281,026,000,000
1973 $347,448,000,000
1974 $439,113,000,000
1975 $486,172,000,000
1976 $524,151,000,000
1977 $602,402,000,000
1978 $666,369,000,000
1979 $797,398,000,000
1980 $958,410,000,000
1981 $1,066,510,000,000
1982 $1,025,320,000,000
1983 $977,740,000,000
1984 $994,154,000,000
1985 $1,073,620,000,000
1986 $1,112,550,000,000
1987 $1,124,240,000,000
1988 $1,220,660,000,000
1989 $1,293,410,000,000
1990 $1,540,240,000,000
1991 $1,576,770,000,000
1992 $1,783,580,000,000
1993 $1,930,710,000,000
1994 $2,059,550,000,000
1995 $2,355,850,000,000
1996 $2,571,750,000,000
1997 $2,754,780,000,000
1998 $2,708,270,000,000
1999 $2,619,240,000,000
2000 $2,854,590,000,000
2001 $2,929,760,000,000
2002 $2,976,680,000,000
2003 $3,349,810,000,000
2004 $3,914,070,000,000
2005 $4,662,870,000,000
2006 $5,550,940,000,000
2007 $6,920,390,000,000
2008 $8,212,280,000,000
2009 $8,252,280,000,000
2010 $9,900,910,000,000
2011 $11,710,900,000,000
2012 $12,660,500,000,000
2013 $13,656,500,000,000
2014 $14,311,000,000,000
2015 $13,935,800,000,000
2016 $14,232,900,000,000
2017 $15,636,100,000,000
2018 $16,569,900,000,000
2019 $17,217,000,000,000
2020 $16,585,200,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Middle income was 16,891,300,000,000 as of 2020. Over the past 42 years, the value for this indicator has fluctuated between 17,164,300,000,000 in 2019 and 2,127,270,000,000 in 1978.

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
1978 2,127,270,000,000
1979 2,269,560,000,000
1980 2,408,410,000,000
1981 2,526,810,000,000
1982 2,605,840,000,000
1983 2,711,590,000,000
1984 2,852,070,000,000
1985 2,981,440,000,000
1986 3,085,170,000,000
1987 3,268,490,000,000
1988 3,432,770,000,000
1989 3,560,470,000,000
1990 3,693,820,000,000
1991 3,799,320,000,000
1992 3,914,850,000,000
1993 4,007,690,000,000
1994 4,158,230,000,000
1995 4,260,190,000,000
1996 4,476,750,000,000
1997 4,729,110,000,000
1998 4,882,020,000,000
1999 5,085,300,000,000
2000 5,374,440,000,000
2001 5,636,110,000,000
2002 5,941,330,000,000
2003 6,258,350,000,000
2004 6,746,830,000,000
2005 7,286,350,000,000
2006 7,940,040,000,000
2007 8,763,520,000,000
2008 9,372,080,000,000
2009 9,756,830,000,000
2010 10,455,000,000,000
2011 11,156,000,000,000
2012 11,855,300,000,000
2013 12,545,700,000,000
2014 13,249,100,000,000
2015 13,935,800,000,000
2016 14,627,500,000,000
2017 15,459,000,000,000
2018 16,340,700,000,000
2019 17,164,300,000,000
2020 16,891,300,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Middle income was -1.59 as of 2020. As the graph below shows, over the past 41 years this indicator reached a maximum value of 10.37 in 2007 and a minimum value of -1.59 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
1979 6.69
1980 6.12
1981 4.92
1982 3.13
1983 4.06
1984 5.18
1985 4.54
1986 3.48
1987 5.94
1988 5.03
1989 3.72
1990 3.75
1991 2.86
1992 3.04
1993 2.37
1994 3.76
1995 2.45
1996 5.08
1997 5.64
1998 3.23
1999 4.16
2000 5.69
2001 4.87
2002 5.42
2003 5.34
2004 7.81
2005 8.00
2006 8.97
2007 10.37
2008 6.94
2009 4.11
2010 7.16
2011 6.71
2012 6.27
2013 5.82
2014 5.61
2015 5.18
2016 4.96
2017 5.68
2018 5.70
2019 5.04
2020 -1.59

Services, value added (% of GDP)

Services, value added (% of GDP) in Middle income was 54.31 as of 2020. Its highest value over the past 60 years was 54.31 in 2020, while its lowest value was 37.48 in 1974.

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
1960 40.27
1961 39.68
1962 40.98
1963 40.41
1964 39.39
1965 39.10
1966 38.28
1967 39.34
1968 39.80
1969 39.54
1970 38.73
1971 39.17
1972 38.90
1973 37.69
1974 37.48
1975 37.55
1976 37.67
1977 38.59
1978 39.39
1979 39.61
1980 40.31
1981 39.84
1982 38.88
1983 38.41
1984 38.57
1985 39.31
1986 39.31
1987 38.60
1988 39.19
1989 40.67
1990 42.24
1991 45.05
1992 48.73
1993 49.22
1994 47.73
1995 48.38
1996 48.23
1997 48.85
1998 49.60
1999 49.07
2000 49.05
2001 49.84
2002 49.43
2003 49.30
2004 48.48
2005 48.48
2006 48.61
2007 48.94
2008 48.52
2009 50.01
2010 49.40
2011 49.15
2012 49.87
2013 50.73
2014 51.45
2015 52.83
2016 53.59
2017 53.57
2018 53.48
2019 54.19
2020 54.31

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts