Romania - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Romania was 28,831 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 28,831 in 2019 and 12,800 in 1998.

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 13,077
1996 13,344
1997 13,148
1998 12,800
1999 13,360
2000 14,409
2001 14,234
2002 15,694
2003 15,425
2004 15,775
2005 17,321
2006 17,731
2007 20,182
2008 20,408
2009 19,267
2010 18,247
2011 18,146
2012 25,869
2013 23,884
2014 24,698
2015 24,379
2016 25,395
2017 26,671
2018 27,745
2019 28,831

Services, value added (current US$)

The latest value for Services, value added (current US$) in Romania was $151,462,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $151,462,000,000 in 2020 and $8,621,185,000 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 $9,427,273,000
1991 $9,465,789,000
1992 $9,026,250,000
1993 $8,621,185,000
1994 $8,935,105,000
1995 $15,075,260,000
1996 $14,715,860,000
1997 $14,236,470,000
1998 $18,174,850,000
1999 $16,753,930,000
2000 $18,321,480,000
2001 $18,273,150,000
2002 $21,030,220,000
2003 $26,161,810,000
2004 $33,858,470,000
2005 $47,187,050,000
2006 $58,880,390,000
2007 $86,151,660,000
2008 $99,928,300,000
2009 $84,230,510,000
2010 $76,895,440,000
2011 $78,761,990,000
2012 $85,941,960,000
2013 $96,272,660,000
2014 $103,412,000,000
2015 $95,164,240,000
2016 $104,401,000,000
2017 $121,351,000,000
2018 $139,681,000,000
2019 $148,263,000,000
2020 $151,462,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Romania was 642,804,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 642,804,000,000 in 2020 and a minimum value of 20,740,000 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 20,740,000
1991 71,940,000
1992 216,630,000
1993 655,210,100
1994 1,478,760,000
1995 3,064,800,000
1996 4,536,900,000
1997 10,204,700,000
1998 16,132,000,000
1999 25,688,800,000
2000 39,774,100,000
2001 53,103,600,000
2002 69,515,400,000
2003 86,857,200,000
2004 110,504,000,000
2005 137,489,000,000
2006 165,395,000,000
2007 210,064,000,000
2008 251,709,000,000
2009 256,844,000,000
2010 244,366,000,000
2011 240,114,000,000
2012 298,064,000,000
2013 320,386,000,000
2014 346,347,000,000
2015 381,199,000,000
2016 423,784,000,000
2017 491,774,000,000
2018 550,565,000,000
2019 628,324,000,000
2020 642,804,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Romania was 120,612,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 122,312,000,000 in 2019 and 41,731,680,000 in 1998.

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 42,427,720,000
1996 45,287,580,000
1997 42,890,100,000
1998 41,731,680,000
1999 42,838,280,000
2000 45,711,070,000
2001 45,072,500,000
2002 48,429,220,000
2003 47,460,560,000
2004 52,445,820,000
2005 57,541,570,000
2006 62,037,080,000
2007 70,633,280,000
2008 71,330,190,000
2009 67,683,100,000
2010 64,693,160,000
2011 65,213,090,000
2012 93,616,820,000
2013 86,523,730,000
2014 90,564,020,000
2015 95,164,240,000
2016 100,581,000,000
2017 108,793,000,000
2018 114,736,000,000
2019 122,312,000,000
2020 120,612,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Romania was -1.39 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 43.56 in 2012 and a minimum value of -7.58 in 2013.

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 6.74
1997 -5.29
1998 -2.70
1999 2.65
2000 6.71
2001 -1.40
2002 7.45
2003 -2.00
2004 10.50
2005 9.72
2006 7.81
2007 13.86
2008 0.99
2009 -5.11
2010 -4.42
2011 0.80
2012 43.56
2013 -7.58
2014 4.67
2015 5.08
2016 5.69
2017 8.16
2018 5.46
2019 6.60
2020 -1.39

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Romania was 288,187,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 292,251,000,000 in 2019 and a minimum value of 99,713,000,000 in 1998.

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 101,376,000,000
1996 108,209,000,000
1997 102,481,000,000
1998 99,713,000,000
1999 102,357,000,000
2000 109,221,000,000
2001 107,696,000,000
2002 115,716,000,000
2003 113,402,000,000
2004 125,313,000,000
2005 137,489,000,000
2006 148,230,000,000
2007 168,770,000,000
2008 170,435,000,000
2009 161,721,000,000
2010 154,577,000,000
2011 155,819,000,000
2012 223,687,000,000
2013 206,738,000,000
2014 216,392,000,000
2015 227,384,000,000
2016 240,328,000,000
2017 259,948,000,000
2018 274,148,000,000
2019 292,251,000,000
2020 288,187,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Romania was 60.90 as of 2020. Its highest value over the past 30 years was 60.90 in 2020, while its lowest value was 24.18 in 1990.

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 24.18
1991 32.64
1992 35.93
1993 32.70
1994 29.71
1995 40.27
1996 39.84
1997 40.02
1998 43.59
1999 46.60
2000 49.18
2001 45.24
2002 45.65
2003 45.26
2004 45.16
2005 47.93
2006 48.25
2007 49.35
2008 46.63
2009 48.38
2010 46.24
2011 42.96
2012 50.37
2013 50.46
2014 51.72
2015 53.54
2016 55.49
2017 57.32
2018 57.85
2019 59.33
2020 60.90

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts