Sri Lanka - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Sri Lanka was 13,656 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 13,656 in 2019 and 5,487 in 1993.

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 6,109
1992 5,766
1993 5,487
1994 5,968
1995 6,436
1996 5,860
1997 6,645
1998 6,870
1999 7,122
2000 7,405
2001 7,195
2002 7,466
2003 7,794
2004 8,137
2005 8,402
2006 8,739
2007 9,119
2008 9,374
2009 9,562
2010 9,873
2011 10,627
2012 11,899
2013 11,735
2014 12,089
2015 12,301
2016 12,371
2017 12,877
2018 13,551
2019 13,656

Services, value added (current US$)

The latest value for Services, value added (current US$) in Sri Lanka was $48,136,280,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $50,417,600,000 in 2018 and $582,588,600 in 1963.

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 $665,582,400
1961 $672,125,100
1962 $685,831,700
1963 $582,588,600
1964 $637,143,400
1965 $847,165,600
1966 $893,232,800
1967 $928,413,200
1968 $845,099,500
1969 $931,692,900
1970 $1,080,511,000
1971 $1,123,138,000
1972 $1,243,803,000
1973 $1,340,090,000
1974 $1,470,210,000
1975 $1,617,482,000
1976 $1,555,111,000
1977 $1,645,033,000
1978 $1,139,189,000
1979 $1,488,433,000
1980 $1,700,689,000
1981 $1,933,497,000
1982 $2,235,747,000
1983 $2,324,740,000
1984 $2,698,205,000
1985 $2,713,916,000
1986 $2,920,105,000
1987 $3,001,419,000
1988 $3,229,889,000
1989 $3,280,034,000
1990 $3,774,287,000
1991 $4,231,649,000
1992 $4,656,291,000
1993 $5,093,841,000
1994 $5,814,509,000
1995 $6,537,768,000
1996 $7,072,102,000
1997 $7,705,590,000
1998 $8,089,995,000
1999 $8,127,229,000
2000 $8,615,256,000
2001 $8,365,134,000
2002 $9,543,245,000
2003 $11,016,550,000
2004 $12,157,440,000
2005 $14,153,510,000
2006 $16,408,350,000
2007 $18,891,580,000
2008 $23,308,500,000
2009 $24,245,530,000
2010 $30,994,020,000
2011 $36,001,380,000
2012 $38,073,380,000
2013 $41,888,790,000
2014 $45,154,770,000
2015 $46,249,980,000
2016 $46,511,590,000
2017 $49,047,720,000
2018 $50,417,600,000
2019 $48,802,710,000
2020 $48,136,280,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Sri Lanka was 8,933,740,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 8,933,740,000,000 in 2020 and a minimum value of 3,168,172,000 in 1960.

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 3,168,172,000
1961 3,199,316,000
1962 3,333,142,000
1963 3,466,402,000
1964 3,791,003,000
1965 4,032,508,000
1966 4,251,788,000
1967 4,512,088,000
1968 5,028,342,000
1969 5,543,573,000
1970 6,429,040,000
1971 6,660,209,000
1972 7,425,505,000
1973 8,576,574,000
1974 9,776,894,000
1975 11,338,550,000
1976 13,078,480,000
1977 14,591,450,000
1978 17,782,740,000
1979 23,174,910,000
1980 28,112,380,000
1981 37,219,820,000
1982 46,525,890,000
1983 54,701,130,000
1984 68,642,340,000
1985 73,709,960,000
1986 81,821,350,000
1987 88,361,780,000
1988 102,743,000,000
1989 118,245,000,000
1990 151,198,000,000
1991 175,063,000,000
1992 204,085,000,000
1993 246,134,000,000
1994 287,353,000,000
1995 335,061,000,000
1996 390,875,000,000
1997 454,553,000,000
1998 521,400,000,000
1999 574,107,000,000
2000 663,461,000,000
2001 747,508,000,000
2002 912,907,000,000
2003 1,063,320,000,000
2004 1,230,210,000,000
2005 1,422,430,000,000
2006 1,705,060,000,000
2007 2,089,850,000,000
2008 2,525,100,000,000
2009 2,786,900,000,000
2010 3,504,320,000,000
2011 3,980,500,000,000
2012 4,858,290,000,000
2013 5,406,540,000,000
2014 5,895,620,000,000
2015 6,283,380,000,000
2016 6,771,240,000,000
2017 7,477,150,000,000
2018 8,191,090,000,000
2019 8,723,240,000,000
2020 8,933,740,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Sri Lanka was 52,871,350,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 53,655,770,000 in 2019 and 2,744,833,000 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, 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
1960 2,769,400,000
1961 2,744,833,000
1962 2,879,932,000
1963 2,891,792,000
1964 3,161,306,000
1965 3,449,817,000
1966 3,560,277,000
1967 3,601,716,000
1968 3,821,971,000
1969 3,984,505,000
1970 4,049,482,000
1971 4,126,651,000
1972 4,376,993,000
1973 4,608,330,000
1974 4,868,354,000
1975 5,181,990,000
1976 5,255,765,000
1977 5,530,160,000
1978 5,888,509,000
1979 6,284,050,000
1980 6,773,874,000
1981 7,247,474,000
1982 7,800,653,000
1983 8,311,028,000
1984 8,873,419,000
1985 9,148,687,000
1986 9,534,862,000
1987 9,777,196,000
1988 9,992,185,000
1989 10,303,840,000
1990 10,807,920,000
1991 11,473,320,000
1992 12,142,910,000
1993 12,929,580,000
1994 13,621,830,000
1995 14,384,310,000
1996 15,217,240,000
1997 16,250,850,000
1998 17,050,520,000
1999 17,739,350,000
2000 18,920,890,000
2001 18,796,580,000
2002 19,917,930,000
2003 21,434,440,000
2004 22,877,720,000
2005 24,341,360,000
2006 26,224,810,000
2007 28,091,130,000
2008 29,678,090,000
2009 30,652,200,000
2010 33,112,200,000
2011 36,068,140,000
2012 40,115,180,000
2013 41,628,750,000
2014 43,640,030,000
2015 46,249,980,000
2016 48,450,630,000
2017 50,206,430,000
2018 52,492,030,000
2019 53,655,770,000
2020 52,871,350,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Sri Lanka was -1.46 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 11.22 in 2012 and a minimum value of -1.46 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
1961 -0.89
1962 4.92
1963 0.41
1964 9.32
1965 9.13
1966 3.20
1967 1.16
1968 6.12
1969 4.25
1970 1.63
1971 1.91
1972 6.07
1973 5.29
1974 5.64
1975 6.44
1976 1.42
1977 5.22
1978 6.48
1979 6.72
1980 7.79
1981 6.99
1982 7.63
1983 6.54
1984 6.77
1985 3.10
1986 4.22
1987 2.54
1988 2.20
1989 3.12
1990 4.89
1991 6.16
1992 5.84
1993 6.48
1994 5.35
1995 5.60
1996 5.79
1997 6.79
1998 4.92
1999 4.04
2000 6.66
2001 -0.66
2002 5.97
2003 7.61
2004 6.73
2005 6.40
2006 7.74
2007 7.12
2008 5.65
2009 3.28
2010 8.03
2011 8.93
2012 11.22
2013 3.77
2014 4.83
2015 5.98
2016 4.76
2017 3.62
2018 4.55
2019 2.22
2020 -1.46

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Sri Lanka was 5,595,470,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,678,480,000,000 in 2019 and a minimum value of 290,491,000,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 293,090,000,000
1961 290,491,000,000
1962 304,788,000,000
1963 306,043,000,000
1964 334,567,000,000
1965 365,100,000,000
1966 376,790,000,000
1967 381,176,000,000
1968 404,486,000,000
1969 421,687,000,000
1970 428,564,000,000
1971 436,731,000,000
1972 463,225,000,000
1973 487,708,000,000
1974 515,227,000,000
1975 548,419,000,000
1976 556,227,000,000
1977 585,267,000,000
1978 623,191,000,000
1979 665,052,000,000
1980 716,891,000,000
1981 767,013,000,000
1982 825,557,000,000
1983 879,571,000,000
1984 939,090,000,000
1985 968,222,000,000
1986 1,009,090,000,000
1987 1,034,740,000,000
1988 1,057,490,000,000
1989 1,090,470,000,000
1990 1,143,820,000,000
1991 1,214,240,000,000
1992 1,285,110,000,000
1993 1,368,360,000,000
1994 1,441,620,000,000
1995 1,522,320,000,000
1996 1,610,470,000,000
1997 1,719,860,000,000
1998 1,804,490,000,000
1999 1,877,390,000,000
2000 2,002,430,000,000
2001 1,989,280,000,000
2002 2,107,950,000,000
2003 2,268,440,000,000
2004 2,421,190,000,000
2005 2,576,090,000,000
2006 2,775,420,000,000
2007 2,972,930,000,000
2008 3,140,890,000,000
2009 3,243,980,000,000
2010 3,504,320,000,000
2011 3,817,150,000,000
2012 4,245,460,000,000
2013 4,405,640,000,000
2014 4,618,500,000,000
2015 4,894,720,000,000
2016 5,127,620,000,000
2017 5,313,430,000,000
2018 5,555,320,000,000
2019 5,678,480,000,000
2020 5,595,470,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Sri Lanka was 59.67 as of 2020. Its highest value over the past 60 years was 59.67 in 2020, while its lowest value was 40.08 in 1977.

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 47.21
1961 46.54
1962 47.82
1963 46.96
1964 48.65
1965 49.88
1966 51.00
1967 49.93
1968 46.91
1969 47.40
1970 47.05
1971 47.40
1972 48.70
1973 46.60
1974 41.13
1975 42.66
1976 43.30
1977 40.08
1978 41.68
1979 44.24
1980 42.26
1981 43.79
1982 46.88
1983 44.98
1984 44.65
1985 45.39
1986 45.59
1987 44.92
1988 46.28
1989 46.94
1990 46.99
1991 47.02
1992 47.99
1993 49.27
1994 49.62
1995 50.18
1996 50.89
1997 51.06
1998 51.22
1999 51.91
2000 52.75
2001 53.11
2002 57.71
2003 58.34
2004 58.84
2005 57.99
2006 58.02
2007 58.40
2008 57.25
2009 57.64
2010 54.64
2011 55.14
2012 55.63
2013 56.36
2014 56.90
2015 57.38
2016 56.45
2017 56.10
2018 57.32
2019 58.10
2020 59.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts