Thailand - Services

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

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
2015 12,944

Services, value added (current US$)

The latest value for Services, value added (current US$) in Thailand was $292,308,000,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between $317,096,000,000 in 2019 and $60,963,120,000 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 current U.S. dollars.

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

See also:

Year Value
1993 $71,042,910,000
1994 $79,762,460,000
1995 $90,802,410,000
1996 $98,574,110,000
1997 $81,653,950,000
1998 $60,963,120,000
1999 $69,323,580,000
2000 $69,301,810,000
2001 $66,283,010,000
2002 $73,077,650,000
2003 $80,161,270,000
2004 $91,300,350,000
2005 $99,014,430,000
2006 $114,097,000,000
2007 $134,682,000,000
2008 $146,997,000,000
2009 $145,375,000,000
2010 $169,038,000,000
2011 $186,992,000,000
2012 $203,360,000,000
2013 $217,645,000,000
2014 $216,493,000,000
2015 $220,505,000,000
2016 $231,217,000,000
2017 $258,183,000,000
2018 $289,098,000,000
2019 $317,096,000,000
2020 $292,308,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Thailand was 9,147,400,000,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 9,845,060,000,000 in 2019 and a minimum value of 1,798,780,000,000 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 local currency.

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

Year Value
1993 1,798,780,000,000
1994 2,006,030,000,000
1995 2,262,360,000,000
1996 2,498,130,000,000
1997 2,561,020,000,000
1998 2,521,400,000,000
1999 2,621,380,000,000
2000 2,779,820,000,000
2001 2,945,080,000,000
2002 3,139,420,000,000
2003 3,325,460,000,000
2004 3,672,320,000,000
2005 3,982,370,000,000
2006 4,322,230,000,000
2007 4,648,970,000,000
2008 4,896,950,000,000
2009 4,984,290,000,000
2010 5,356,100,000,000
2011 5,701,710,000,000
2012 6,321,050,000,000
2013 6,687,370,000,000
2014 7,031,650,000,000
2015 7,551,780,000,000
2016 8,161,130,000,000
2017 8,762,690,000,000
2018 9,340,820,000,000
2019 9,845,060,000,000
2020 9,147,400,000,000

Services, value added (constant 2010 US$)

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
2015 220,505,000,000

Services, value added (annual % growth)

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
2003 5.15

Services, value added (constant LCU)

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
2002 3,139,420,000,000
2003 3,300,970,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Thailand was 58.27 as of 2020. Its highest value over the past 27 years was 58.27 in 2020, while its lowest value was 49.56 in 2010.

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
1993 55.12
1994 54.38
1995 53.64
1996 53.86
1997 54.37
1998 53.63
1999 54.73
2000 54.83
2001 55.10
2002 54.41
2003 52.64
2004 52.81
2005 52.30
2006 51.45
2007 51.22
2008 50.45
2009 51.60
2010 49.56
2011 50.43
2012 51.15
2013 51.78
2014 53.15
2015 54.95
2016 55.94
2017 56.57
2018 57.07
2019 58.26
2020 58.27

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts