Australia - 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 98,657

Services, value added (current US$)

The latest value for Services, value added (current US$) in Australia was $880,101,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $1,044,330,000,000 in 2013 and $185,240,000,000 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 U.S. dollars.

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

See also:

Year Value
1990 $185,240,000,000
1991 $199,611,000,000
1992 $201,451,000,000
1993 $195,265,000,000
1994 $201,837,000,000
1995 $229,701,000,000
1996 $250,610,000,000
1997 $276,158,000,000
1998 $254,046,000,000
1999 $250,420,000,000
2000 $267,551,000,000
2001 $243,277,000,000
2002 $252,925,000,000
2003 $300,560,000,000
2004 $394,799,000,000
2005 $447,367,000,000
2006 $476,258,000,000
2007 $549,247,000,000
2008 $680,152,000,000
2009 $594,592,000,000
2010 $753,851,000,000
2011 $903,413,000,000
2012 $1,007,740,000,000
2013 $1,044,330,000,000
2014 $963,949,000,000
2015 $907,970,000,000
2016 $823,217,000,000
2017 $889,204,000,000
2018 $952,218,000,000
2019 $919,589,000,000
2020 $880,101,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Australia was 1,312,930,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,312,930,000,000 in 2020 and a minimum value of 240,719,000,000 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 240,719,000,000
1991 254,325,000,000
1992 261,947,000,000
1993 277,901,000,000
1994 291,756,000,000
1995 309,361,000,000
1996 330,304,000,000
1997 352,875,000,000
1998 374,540,000,000
1999 399,621,000,000
2000 426,021,000,000
2001 453,323,000,000
2002 483,390,000,000
2003 516,061,000,000
2004 555,008,000,000
2005 595,088,000,000
2006 636,090,000,000
2007 699,576,000,000
2008 759,730,000,000
2009 807,575,000,000
2010 855,847,000,000
2011 916,332,000,000
2012 977,302,000,000
2013 1,017,910,000,000
2014 1,050,030,000,000
2015 1,091,290,000,000
2016 1,130,940,000,000
2017 1,179,000,000,000
2018 1,228,460,000,000
2019 1,285,770,000,000
2020 1,312,930,000,000

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 907,970,000,000

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
2020 1,312,930,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Australia was 66.28 as of 2020. Its highest value over the past 30 years was 68.22 in 2016, while its lowest value was 59.50 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 59.50
1991 61.25
1992 61.89
1993 62.56
1994 62.53
1995 62.43
1996 62.48
1997 63.44
1998 63.61
1999 64.36
2000 64.38
2001 64.18
2002 63.98
2003 64.31
2004 64.28
2005 64.36
2006 63.71
2007 64.32
2008 64.46
2009 64.07
2010 65.69
2011 64.63
2012 65.16
2013 66.25
2014 65.69
2015 67.23
2016 68.22
2017 67.01
2018 66.66
2019 66.06
2020 66.28

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts