Nepal - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Nepal was 35,156,290,000 as of 2010. As the graph below shows, over the past 9 years this indicator reached a maximum value of 35,156,290,000 in 2010 and a minimum value of 12,026,000,000 in 2001.

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
2001 12,026,000,000
2002 13,655,000,000
2003 13,221,000,000
2004 17,294,000,000
2005 18,094,000,000
2006 19,212,000,000
2007 21,505,000,000
2008 24,185,000,000
2009 29,361,990,000
2010 35,156,290,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Nepal was 0.000 as of 2010. As the graph below shows, over the past 9 years this indicator reached a maximum value of 0.000 in 2010 and a minimum value of 0.000 in 2001.

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
2001 0.000
2002 0.000
2003 0.000
2004 0.000
2005 0.000
2006 0.000
2007 0.000
2008 0.000
2009 0.000
2010 0.000

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

The latest value for Services, value added per worker (constant 2010 US$) in Nepal was 4,755 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 4,755 in 2019 and 2,616 in 1991.

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 2,616
1992 2,747
1993 2,873
1994 3,012
1995 3,096
1996 3,208
1997 3,307
1998 3,433
1999 3,551
2000 3,652
2001 3,736
2002 3,562
2003 3,568
2004 3,679
2005 3,673
2006 3,733
2007 3,757
2008 3,886
2009 3,987
2010 4,099
2011 4,143
2012 4,221
2013 4,301
2014 4,436
2015 4,542
2016 4,397
2017 4,527
2018 4,694
2019 4,755

Services, value added (current US$)

The latest value for Services, value added (current US$) in Nepal was $17,942,930,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $17,942,930,000 in 2020 and $162,347,800 in 1968.

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 $501,246,800
1961 $524,609,500
1962 $566,084,800
1963 $490,057,800
1964 $489,185,200
1965 $170,363,600
1966 $178,632,400
1967 $189,657,500
1968 $162,347,800
1969 $167,209,900
1970 $182,222,200
1971 $195,950,600
1972 $212,543,300
1973 $223,888,700
1974 $242,202,300
1975 $304,108,000
1976 $302,769,600
1977 $323,600,000
1978 $374,862,900
1979 $410,416,700
1980 $479,833,200
1981 $567,333,400
1982 $586,643,800
1983 $617,012,800
1984 $640,419,800
1985 $821,359,300
1986 $881,111,600
1987 $935,093,600
1988 $1,078,350,000
1989 $1,104,297,000
1990 $1,101,675,000
1991 $1,315,774,000
1992 $1,123,550,000
1993 $1,283,250,000
1994 $1,344,878,000
1995 $1,460,201,000
1996 $1,508,828,000
1997 $1,643,784,000
1998 $1,711,073,000
1999 $1,740,854,000
2000 $1,907,094,000
2001 $2,670,313,000
2002 $2,635,335,000
2003 $2,793,425,000
2004 $3,285,780,000
2005 $3,726,435,000
2006 $4,335,006,000
2007 $5,036,524,000
2008 $6,172,898,000
2009 $6,249,293,000
2010 $7,425,047,000
2011 $10,334,490,000
2012 $10,414,770,000
2013 $10,805,230,000
2014 $11,266,700,000
2015 $12,311,920,000
2016 $12,653,960,000
2017 $15,021,710,000
2018 $17,082,380,000
2019 $17,784,580,000
2020 $17,942,930,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Nepal was 2,086,960,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,086,960,000,000 in 2020 and a minimum value of 1,298,000,000 in 1965.

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
1960 3,819,000,000
1961 3,997,000,000
1962 4,313,000,000
1963 4,552,000,000
1964 4,953,000,000
1965 1,298,000,000
1966 1,361,000,000
1967 1,445,000,000
1968 1,508,000,000
1969 1,693,000,000
1970 1,845,000,000
1971 1,984,000,000
1972 2,152,001,000
1973 2,296,001,000
1974 2,547,000,000
1975 3,198,000,000
1976 3,625,000,000
1977 4,045,000,000
1978 4,611,001,000
1979 4,925,000,000
1980 5,757,999,000
1981 6,808,001,000
1982 7,589,000,000
1983 8,512,000,000
1984 9,772,999,000
1985 14,605,000,000
1986 17,223,000,000
1987 20,194,000,000
1988 23,783,000,000
1989 27,964,000,000
1990 31,407,000,000
1991 41,539,000,000
1992 50,447,400,000
1993 61,596,000,000
1994 65,899,000,000
1995 72,718,000,000
1996 83,061,000,000
1997 93,745,000,000
1998 106,001,000,000
1999 118,291,000,000
2000 131,723,000,000
2001 196,268,000,000
2002 200,101,000,000
2003 217,205,000,000
2004 242,460,000,000
2005 270,152,000,000
2006 313,528,000,000
2007 355,012,000,000
2008 401,339,000,000
2009 480,436,000,000
2010 553,433,000,000
2011 746,912,000,000
2012 843,801,000,000
2013 950,383,000,000
2014 1,106,530,000,000
2015 1,224,900,000,000
2016 1,345,770,000,000
2017 1,595,490,000,000
2018 1,782,940,000,000
2019 2,007,520,000,000
2020 2,086,960,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Nepal was 15,124,550,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between 15,749,090,000 in 2019 and 1,737,164,000 in 1973.

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
1965 1,875,986,000
1966 1,898,246,000
1967 1,935,962,000
1968 1,948,441,000
1969 2,047,252,000
1970 2,144,181,000
1971 2,012,613,000
1972 2,114,413,000
1973 1,737,164,000
1974 1,855,280,000
1975 1,868,888,000
1976 1,989,280,000
1977 2,080,626,000
1978 2,222,269,000
1979 2,263,466,000
1980 2,292,780,000
1981 2,378,198,000
1982 2,445,298,000
1983 2,318,678,000
1984 2,568,934,000
1985 2,672,465,000
1986 2,809,828,000
1987 2,929,848,000
1988 3,126,068,000
1989 3,253,274,000
1990 3,367,167,000
1991 3,688,263,000
1992 3,930,691,000
1993 4,186,073,000
1994 4,492,116,000
1995 4,721,504,000
1996 4,984,454,000
1997 5,230,368,000
1998 5,534,783,000
1999 5,826,522,000
2000 6,188,222,000
2001 6,541,966,000
2002 6,425,739,000
2003 6,662,127,000
2004 7,116,448,000
2005 7,353,279,000
2006 7,767,140,000
2007 8,117,544,000
2008 8,714,175,000
2009 9,237,199,000
2010 9,775,340,000
2011 10,110,130,000
2012 10,563,170,000
2013 11,017,650,000
2014 11,684,160,000
2015 12,311,920,000
2016 12,458,030,000
2017 13,502,010,000
2018 14,751,420,000
2019 15,749,090,000
2020 15,124,550,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Nepal was -3.97 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 10.79 in 1984 and a minimum value of -17.84 in 1973.

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
1966 1.19
1967 1.99
1968 0.64
1969 5.07
1970 4.73
1971 -6.14
1972 5.06
1973 -17.84
1974 6.80
1975 0.73
1976 6.44
1977 4.59
1978 6.81
1979 1.85
1980 1.30
1981 3.73
1982 2.82
1983 -5.18
1984 10.79
1985 4.03
1986 5.14
1987 4.27
1988 6.70
1989 4.07
1990 3.50
1991 9.54
1992 6.57
1993 6.50
1994 7.31
1995 5.11
1996 5.57
1997 4.93
1998 5.82
1999 5.27
2000 6.21
2001 5.72
2002 -1.78
2003 3.68
2004 6.82
2005 3.33
2006 5.63
2007 4.51
2008 7.35
2009 6.00
2010 5.83
2011 3.42
2012 4.48
2013 4.30
2014 6.05
2015 5.37
2016 1.19
2017 8.38
2018 9.25
2019 6.76
2020 -3.97

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Nepal was 1,117,370,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 1,163,510,000,000 in 2019 and a minimum value of 128,338,000,000 in 1973.

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
1965 138,593,000,000
1966 140,238,000,000
1967 143,024,000,000
1968 143,946,000,000
1969 151,246,000,000
1970 158,407,000,000
1971 148,687,000,000
1972 156,208,000,000
1973 128,338,000,000
1974 137,064,000,000
1975 138,069,000,000
1976 146,963,000,000
1977 153,712,000,000
1978 164,176,000,000
1979 167,220,000,000
1980 169,385,000,000
1981 175,696,000,000
1982 180,653,000,000
1983 171,299,000,000
1984 189,787,000,000
1985 197,435,000,000
1986 207,583,000,000
1987 216,450,000,000
1988 230,947,000,000
1989 240,344,000,000
1990 248,758,000,000
1991 272,480,000,000
1992 290,390,000,000
1993 309,257,000,000
1994 331,867,000,000
1995 348,814,000,000
1996 368,240,000,000
1997 386,407,000,000
1998 408,897,000,000
1999 430,450,000,000
2000 457,171,000,000
2001 483,305,000,000
2002 474,719,000,000
2003 492,182,000,000
2004 525,747,000,000
2005 543,243,000,000
2006 573,818,000,000
2007 599,705,000,000
2008 643,783,000,000
2009 682,423,000,000
2010 722,179,000,000
2011 746,913,000,000
2012 780,382,000,000
2013 813,958,000,000
2014 863,198,000,000
2015 909,576,000,000
2016 920,370,000,000
2017 997,497,000,000
2018 1,089,800,000,000
2019 1,163,510,000,000
2020 1,117,370,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Nepal was 53.31 as of 2020. Its highest value over the past 60 years was 98.62 in 1961, while its lowest value was 19.30 in 1975.

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 98.61
1961 98.62
1962 98.61
1963 98.61
1964 98.61
1965 23.17
1966 19.70
1967 22.53
1968 21.02
1969 21.20
1970 21.04
1971 22.20
1972 20.75
1973 23.03
1974 19.89
1975 19.30
1976 20.84
1977 23.41
1978 23.37
1979 22.17
1980 24.66
1981 24.93
1982 24.49
1983 25.21
1984 24.81
1985 31.35
1986 30.91
1987 31.62
1988 30.92
1989 31.33
1990 30.37
1991 33.55
1992 33.03
1993 35.06
1994 33.07
1995 33.18
1996 33.37
1997 33.42
1998 35.23
1999 34.58
2000 34.71
2001 44.45
2002 43.55
2003 44.13
2004 45.17
2005 45.83
2006 47.93
2007 48.78
2008 49.20
2009 48.61
2010 46.40
2011 47.80
2012 47.99
2013 48.76
2014 49.56
2015 50.54
2016 51.60
2017 51.85
2018 51.59
2019 52.02
2020 53.31

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts