Mongolia - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Mongolia was 9,517 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 9,543 in 2017 and 6,674 in 2010.

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
2010 6,674
2011 7,558
2012 8,718
2013 8,679
2014 8,940
2015 8,883
2016 9,385
2017 9,543
2018 9,543
2019 9,517

Services, value added (current US$)

The latest value for Services, value added (current US$) in Mongolia was $5,390,487,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $5,760,193,000 in 2012 and $280,898,900 in 1993.

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
1990 $1,109,650,000
1991 $1,046,480,000
1992 $444,534,700
1993 $280,898,900
1994 $323,469,400
1995 $425,678,300
1996 $427,321,200
1997 $378,709,000
1998 $420,297,000
1999 $393,095,900
2000 $445,639,700
2001 $535,805,900
2002 $650,715,600
2003 $720,345,800
2004 $801,504,800
2005 $945,185,000
2006 $1,147,181,000
2007 $1,436,253,000
2008 $2,230,761,000
2009 $1,975,644,000
2010 $3,223,799,000
2011 $4,766,230,000
2012 $5,760,193,000
2013 $5,626,356,000
2014 $5,602,704,000
2015 $5,364,744,000
2016 $5,129,508,000
2017 $4,865,158,000
2018 $5,244,580,000
2019 $5,645,695,000
2020 $5,390,487,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Mongolia was 15,165,000,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 15,165,000,000,000 in 2020 and a minimum value of 5,548,248,000 in 1990.

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
1990 5,548,248,000
1991 9,941,555,000
1992 18,937,180,000
1993 83,230,340,000
1994 133,502,000,000
1995 190,964,000,000
1996 234,344,000,000
1997 299,176,000,000
1998 353,398,000,000
1999 401,692,000,000
2000 479,807,000,000
2001 588,153,000,000
2002 722,496,000,000
2003 825,905,000,000
2004 950,008,000,000
2005 1,139,180,000,000
2006 1,353,330,000,000
2007 1,680,990,000,000
2008 2,600,630,000,000
2009 2,840,570,000,000
2010 4,374,900,000,000
2011 6,031,740,000,000
2012 7,819,920,000,000
2013 8,574,160,000,000
2014 10,185,400,000,000
2015 10,570,200,000,000
2016 10,978,600,000,000
2017 11,869,900,000,000
2018 12,967,100,000,000
2019 15,037,500,000,000
2020 15,165,000,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Mongolia was 6,164,735,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 6,595,044,000 in 2019 and 3,531,162,000 in 2010.

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
2010 3,531,162,000
2011 4,159,356,000
2012 4,586,363,000
2013 4,946,100,000
2014 5,330,741,000
2015 5,364,744,000
2016 5,510,871,000
2017 5,902,219,000
2018 6,200,385,000
2019 6,595,044,000
2020 6,164,735,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Mongolia was -6.52 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 17.79 in 2011 and a minimum value of -6.52 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
2011 17.79
2012 10.27
2013 7.84
2014 7.78
2015 0.64
2016 2.72
2017 7.10
2018 5.05
2019 6.37
2020 -6.52

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Mongolia was 12,146,400,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 12,994,300,000,000 in 2019 and a minimum value of 6,957,480,000,000 in 2010.

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
2010 6,957,480,000,000
2011 8,195,220,000,000
2012 9,036,550,000,000
2013 9,745,350,000,000
2014 10,503,200,000,000
2015 10,570,200,000,000
2016 10,858,100,000,000
2017 11,629,200,000,000
2018 12,216,700,000,000
2019 12,994,300,000,000
2020 12,146,400,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Mongolia was 40.49 as of 2020. Its highest value over the past 30 years was 46.86 in 2012, while its lowest value was 29.31 in 1995.

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
1990 43.33
1991 43.99
1992 33.74
1993 36.56
1994 34.94
1995 29.31
1996 31.75
1997 32.07
1998 37.38
1999 37.18
2000 39.20
2001 42.26
2002 46.59
2003 45.15
2004 40.23
2005 37.46
2006 33.60
2007 33.91
2008 39.67
2009 43.10
2010 44.84
2011 45.79
2012 46.86
2013 44.72
2014 45.82
2015 46.17
2016 45.88
2017 42.38
2018 39.80
2019 39.74
2020 40.49

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts