Benin - Services

Services, etc., value added (current US$)

The latest value for Services, etc., value added (current US$) in Benin was $4,525,146,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $4,525,146,000 in 2014 and $98,655,500 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, 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. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $98,655,500
1961 $103,677,000
1962 $107,576,500
1963 $113,790,600
1964 $117,852,700
1965 $137,413,000
1966 $131,910,500
1967 $142,411,300
1968 $164,020,200
1969 $166,830,300
1970 $173,381,000
1971 $174,779,000
1972 $212,883,700
1973 $262,678,800
1974 $284,993,200
1975 $360,751,500
1976 $376,396,400
1977 $416,937,100
1978 $477,913,100
1979 $612,851,600
1980 $734,744,900
1981 $702,691,500
1982 $664,016,600
1983 $563,944,200
1984 $521,562,000
1985 $541,177,500
1986 $724,449,200
1987 $849,241,100
1988 $846,177,300
1989 $741,759,400
1990 $1,036,658,000
1991 $1,052,288,000
1992 $904,118,700
1993 $1,220,606,000
1994 $868,841,000
1995 $1,161,131,000
1996 $1,204,825,000
1997 $1,149,969,000
1998 $1,248,583,000
1999 $970,928,800
2000 $965,902,900
2001 $1,015,499,000
2002 $1,096,862,000
2003 $1,458,361,000
2004 $1,680,344,000
2005 $1,797,834,000
2006 $1,935,015,000
2007 $2,351,300,000
2008 $3,010,237,000
2009 $3,018,936,000
2010 $3,007,206,000
2011 $3,490,397,000
2012 $3,735,355,000
2013 $4,273,338,000
2014 $4,525,146,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Benin was 2,237,300,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 2,237,300,000,000 in 2014 and a minimum value of 24,189,850,000 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, 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. Data are in current local currency.

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

Year Value
1960 24,189,850,000
1961 25,427,820,000
1962 26,357,740,000
1963 27,880,560,000
1964 28,877,100,000
1965 33,674,560,000
1966 32,407,570,000
1967 35,033,330,000
1968 40,605,600,000
1969 43,369,300,000
1970 47,923,040,000
1971 48,126,520,000
1972 53,652,570,000
1973 58,548,270,000
1974 68,599,190,000
1975 77,313,700,000
1976 89,940,100,000
1977 102,433,000,000
1978 107,844,000,000
1979 130,367,000,000
1980 155,237,000,000
1981 190,943,000,000
1982 218,200,000,000
1983 214,900,000,000
1984 227,900,000,000
1985 243,131,000,000
1986 250,881,000,000
1987 255,228,000,000
1988 252,032,000,000
1989 236,627,000,000
1990 282,246,000,000
1991 296,858,000,000
1992 317,005,000,000
1993 345,630,000,000
1994 482,385,000,000
1995 579,577,000,000
1996 616,331,000,000
1997 671,202,000,000
1998 736,604,000,000
1999 597,800,000,000
2000 687,700,000,000
2001 744,400,000,000
2002 764,500,000,000
2003 847,600,000,000
2004 887,700,000,000
2005 948,300,000,000
2006 1,011,800,000,000
2007 1,126,900,000,000
2008 1,348,000,000,000
2009 1,425,500,000,000
2010 1,489,400,000,000
2011 1,647,000,000,000
2012 1,907,000,000,000
2013 2,111,200,000,000
2014 2,237,300,000,000

Services, etc., value added (constant 2005 US$)

The latest value for Services, etc., value added (constant 2005 US$) in Benin was 3,064,267,000 as of 2014. Over the past 44 years, the value for this indicator has fluctuated between 3,064,267,000 in 2014 and 560,027,700 in 1970.

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. Data are in constant 2005 U.S. dollars.

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

See also:

Year Value
1970 560,027,700
1971 567,803,100
1972 605,128,000
1973 599,458,800
1974 658,452,700
1975 644,211,900
1976 635,685,800
1977 674,985,800
1978 660,434,200
1979 709,147,600
1980 786,557,800
1981 927,910,800
1982 888,565,700
1983 830,146,500
1984 846,890,800
1985 897,123,700
1986 968,938,400
1987 987,171,000
1988 956,287,000
1989 836,797,800
1990 957,040,600
1991 970,115,300
1992 997,670,200
1993 1,048,603,000
1994 1,050,486,000
1995 1,123,426,000
1996 1,148,861,000
1997 1,219,747,000
1998 1,271,154,000
1999 1,346,108,000
2000 1,469,177,000
2001 1,541,026,000
2002 1,564,501,000
2003 1,666,940,000
2004 1,739,145,000
2005 1,797,834,000
2006 1,846,563,000
2007 2,004,134,000
2008 2,283,173,000
2009 2,316,607,000
2010 2,391,302,000
2011 2,564,523,000
2012 2,672,831,000
2013 2,861,702,000
2014 3,064,267,000

Services, etc., value added (annual % growth)

The value for Services, etc., value added (annual % growth) in Benin was 7.08 as of 2014. As the graph below shows, over the past 43 years this indicator reached a maximum value of 17.97 in 1981 and a minimum value of -12.50 in 1989.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2005 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.

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

See also:

Year Value
1971 1.39
1972 6.57
1973 -0.94
1974 9.84
1975 -2.16
1976 -1.32
1977 6.18
1978 -2.16
1979 7.38
1980 10.92
1981 17.97
1982 -4.24
1983 -6.57
1984 2.02
1985 5.93
1986 8.00
1987 1.88
1988 -3.13
1989 -12.50
1990 14.37
1991 1.37
1992 2.84
1993 5.11
1994 0.18
1995 6.94
1996 2.26
1997 6.17
1998 4.21
1999 5.90
2000 9.14
2001 4.89
2002 1.52
2003 6.55
2004 4.33
2005 3.37
2006 2.71
2007 8.53
2008 13.92
2009 1.46
2010 3.22
2011 7.24
2012 4.22
2013 7.07
2014 7.08

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Benin was 1,723,000,000,000 as of 2014. As the graph below shows, over the past 44 years this indicator reached a maximum value of 1,723,000,000,000 in 2014 and a minimum value of 314,897,000,000 in 1970.

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. Data are in constant local currency.

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

Year Value
1970 314,897,000,000
1971 319,269,000,000
1972 340,256,000,000
1973 337,068,000,000
1974 370,240,000,000
1975 362,232,000,000
1976 357,438,000,000
1977 379,536,000,000
1978 371,354,000,000
1979 398,745,000,000
1980 442,272,000,000
1981 521,753,000,000
1982 499,630,000,000
1983 466,781,000,000
1984 476,196,000,000
1985 504,442,000,000
1986 544,822,000,000
1987 555,074,000,000
1988 537,709,000,000
1989 470,521,000,000
1990 538,132,000,000
1991 545,484,000,000
1992 560,978,000,000
1993 589,617,000,000
1994 590,676,000,000
1995 631,689,000,000
1996 645,990,000,000
1997 685,849,000,000
1998 714,755,000,000
1999 756,900,000,000
2000 826,100,000,000
2001 866,500,000,000
2002 879,700,000,000
2003 937,300,000,000
2004 977,900,000,000
2005 1,010,900,000,000
2006 1,038,300,000,000
2007 1,126,900,000,000
2008 1,283,800,000,000
2009 1,302,600,000,000
2010 1,344,600,000,000
2011 1,442,000,000,000
2012 1,502,900,000,000
2013 1,609,100,000,000
2014 1,723,000,000,000

Services, etc., value added (% of GDP)

Services, etc., value added (% of GDP) in Benin was 53.39 as of 2014. Its highest value over the past 54 years was 55.59 in 1977, while its lowest value was 40.45 in 2002.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1960 43.62
1961 43.99
1962 45.50
1963 44.81
1964 43.68
1965 47.40
1966 43.55
1967 46.51
1968 50.26
1969 50.44
1970 51.97
1971 52.16
1972 51.88
1973 52.08
1974 51.38
1975 53.30
1976 53.89
1977 55.59
1978 51.45
1979 51.66
1980 52.29
1981 54.42
1982 52.38
1983 51.49
1984 49.62
1985 51.75
1986 54.22
1987 54.35
1988 52.23
1989 49.38
1990 52.89
1991 52.97
1992 53.33
1993 53.66
1994 54.37
1995 53.52
1996 51.03
1997 50.70
1998 50.86
1999 41.26
2000 42.38
2001 41.84
2002 40.45
2003 41.90
2004 41.69
2005 41.68
2006 42.13
2007 44.81
2008 47.86
2009 48.14
2010 49.02
2011 50.13
2012 51.86
2013 53.05
2014 53.39

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts