Sierra Leone - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Sierra Leone was 554,494,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 554,494,000,000 in 2020 and a minimum value of 19,152,600,000 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 19,152,600,000
2002 24,057,310,000
2003 33,124,560,000
2004 58,970,120,000
2005 65,008,480,000
2006 71,067,840,000
2007 81,356,610,000
2008 102,208,000,000
2009 121,928,000,000
2010 152,963,000,000
2011 186,728,000,000
2012 224,582,000,000
2013 252,006,000,000
2014 281,933,000,000
2015 311,201,000,000
2016 348,305,000,000
2017 393,962,000,000
2018 512,589,000,000
2019 533,293,000,000
2020 554,494,000,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Sierra Leone was 125,981,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 125,981,000,000 in 2020 and a minimum value of 28,302,890,000 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 28,302,890,000
2002 36,758,610,000
2003 47,062,360,000
2004 73,272,550,000
2005 72,150,880,000
2006 71,067,840,000
2007 73,826,180,000
2008 80,766,280,000
2009 88,189,520,000
2010 93,938,710,000
2011 96,803,210,000
2012 102,351,000,000
2013 104,547,000,000
2014 108,011,000,000
2015 109,410,000,000
2016 112,376,000,000
2017 116,644,000,000
2018 119,368,000,000
2019 123,709,000,000
2020 125,981,000,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Sierra Leone was 1,752 as of 2019. Over the past 18 years, the value for this indicator has fluctuated between 1,976 in 2002 and 1,696 in 2007.

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
2001 1,788
2002 1,976
2003 1,959
2004 1,867
2005 1,813
2006 1,751
2007 1,696
2008 1,748
2009 1,745
2010 1,774
2011 1,815
2012 1,806
2013 1,793
2014 1,737
2015 1,730
2016 1,715
2017 1,777
2018 1,768
2019 1,752

Services, value added (current US$)

The latest value for Services, value added (current US$) in Sierra Leone was $1,258,943,000 as of 2020. Over the past 56 years, the value for this indicator has fluctuated between $1,495,863,000 in 2014 and $79,422,110 in 2000.

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
1964 $124,837,300
1965 $130,199,900
1966 $134,820,000
1967 $140,429,500
1968 $137,760,000
1969 $152,940,100
1970 $158,160,100
1971 $164,762,300
1972 $190,314,000
1973 $219,087,100
1974 $243,494,400
1975 $262,383,000
1976 $248,238,700
1977 $289,795,000
1978 $384,369,300
1979 $454,932,500
1980 $455,801,100
1981 $485,894,200
1982 $571,993,700
1983 $449,311,300
1984 $483,475,800
1985 $334,452,800
1986 $206,090,800
1987 $238,239,500
1988 $417,255,000
1989 $370,729,700
1990 $206,586,100
1991 $188,050,400
1992 $135,469,800
1993 $170,666,100
1994 $175,038,500
1995 $149,165,800
1996 $129,365,400
1997 $113,702,500
1998 $87,155,280
1999 $83,239,660
2000 $79,422,110
2001 $452,134,100
2002 $503,556,300
2003 $537,437,700
2004 $521,351,700
2005 $598,052,300
2006 $670,763,500
2007 $749,496,400
2008 $879,329,500
2009 $849,002,400
2010 $909,040,300
2011 $1,037,353,000
2012 $1,237,697,000
2013 $1,401,292,000
2014 $1,495,863,000
2015 $1,428,938,000
2016 $1,223,196,000
2017 $1,190,064,000
2018 $1,321,397,000
2019 $1,337,278,000
2020 $1,258,943,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Sierra Leone was 12,374,200,000,000 as of 2020. As the graph below shows, over the past 56 years this indicator reached a maximum value of 12,374,200,000,000 in 2020 and a minimum value of 76,434,100 in 1964.

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
1964 76,434,100
1965 93,000,000
1966 96,300,000
1967 101,700,000
1968 114,800,000
1969 127,450,000
1970 131,800,000
1971 136,900,000
1972 152,400,000
1973 178,850,000
1974 208,300,000
1975 237,200,000
1976 276,250,000
1977 332,250,000
1978 402,450,000
1979 480,850,000
1980 478,500,000
1981 563,200,000
1982 708,500,000
1983 847,100,000
1984 1,213,500,000
1985 1,703,703,000
1986 3,316,414,000
1987 7,633,908,000
1988 13,566,630,000
1989 22,174,450,000
1990 31,286,600,000
1991 55,539,600,000
1992 67,653,600,000
1993 96,853,000,000
1994 102,695,000,000
1995 112,650,000,000
1996 119,107,000,000
1997 111,599,000,000
1998 136,276,000,000
1999 150,181,000,000
2000 166,159,000,000
2001 898,006,000,000
2002 1,056,960,000,000
2003 1,261,850,000,000
2004 1,408,330,000,000
2005 1,728,120,000,000
2006 1,986,740,000,000
2007 2,237,390,000,000
2008 2,621,730,000,000
2009 2,874,430,000,000
2010 3,616,240,000,000
2011 4,511,620,000,000
2012 5,376,600,000,000
2013 6,071,090,000,000
2014 6,767,520,000,000
2015 7,253,290,000,000
2016 7,693,830,000,000
2017 8,787,950,000,000
2018 10,480,800,000,000
2019 12,049,200,000,000
2020 12,374,200,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Sierra Leone was 1,642,447,000 as of 2020. Over the past 19 years, the value for this indicator has fluctuated between 1,739,482,000 in 2019 and 681,725,800 in 2001.

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
2001 681,725,800
2002 816,168,700
2003 864,338,200
2004 897,943,900
2005 919,145,300
2006 930,040,700
2007 951,247,000
2008 1,028,713,000
2009 1,070,632,000
2010 1,142,128,000
2011 1,227,274,000
2012 1,302,061,000
2013 1,382,068,000
2014 1,406,969,000
2015 1,428,938,000
2016 1,488,068,000
2017 1,611,933,000
2018 1,677,970,000
2019 1,739,482,000
2020 1,642,447,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Sierra Leone was -5.58 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 19.72 in 2002 and a minimum value of -5.58 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
2002 19.72
2003 5.90
2004 3.89
2005 2.36
2006 1.19
2007 2.28
2008 8.14
2009 4.07
2010 6.68
2011 7.45
2012 6.09
2013 6.14
2014 1.80
2015 1.56
2016 4.14
2017 8.32
2018 4.10
2019 3.67
2020 -5.58

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Sierra Leone was 3,508,570,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 3,715,860,000,000 in 2019 and a minimum value of 1,456,290,000,000 in 2001.

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
2001 1,456,290,000,000
2002 1,743,490,000,000
2003 1,846,390,000,000
2004 1,918,180,000,000
2005 1,963,470,000,000
2006 1,986,740,000,000
2007 2,032,040,000,000
2008 2,197,520,000,000
2009 2,287,070,000,000
2010 2,439,800,000,000
2011 2,621,690,000,000
2012 2,781,440,000,000
2013 2,952,360,000,000
2014 3,005,550,000,000
2015 3,052,480,000,000
2016 3,178,790,000,000
2017 3,443,390,000,000
2018 3,584,460,000,000
2019 3,715,860,000,000
2020 3,508,570,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Sierra Leone was 30.98 as of 2020. Its highest value over the past 56 years was 45.15 in 1983, while its lowest value was 12.44 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
1964 33.57
1965 36.23
1966 35.91
1967 40.26
1968 41.76
1969 37.42
1970 36.41
1971 39.27
1972 40.89
1973 38.09
1974 37.54
1975 38.62
1976 41.73
1977 41.89
1978 40.01
1979 41.01
1980 41.41
1981 43.58
1982 44.16
1983 45.15
1984 44.46
1985 39.03
1986 42.04
1987 33.97
1988 39.55
1989 39.74
1990 31.80
1991 24.11
1992 19.92
1993 22.20
1994 19.19
1995 17.13
1996 13.74
1997 13.37
1998 12.96
1999 12.44
2000 12.49
2001 41.46
2002 40.18
2003 38.78
2004 35.99
2005 36.23
2006 35.58
2007 34.72
2008 35.10
2009 34.60
2010 35.26
2011 35.25
2012 32.56
2013 28.48
2014 29.83
2015 33.87
2016 33.29
2017 32.00
2018 32.35
2019 32.80
2020 30.98

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts