Benin - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Benin was 3,273 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 3,486 in 2013 and 2,735 in 1994.

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 2,861
1992 2,827
1993 2,836
1994 2,735
1995 2,789
1996 2,738
1997 2,784
1998 2,780
1999 2,815
2000 3,017
2001 3,089
2002 3,022
2003 3,044
2004 2,986
2005 2,997
2006 3,021
2007 3,116
2008 3,357
2009 3,213
2010 3,160
2011 3,348
2012 3,372
2013 3,486
2014 3,479
2015 3,333
2016 3,238
2017 3,252
2018 3,269
2019 3,273

Services, value added (current US$)

The latest value for Services, value added (current US$) in Benin was $7,496,673,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $7,496,673,000 in 2020 and $98,655,890 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 U.S. dollars.

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

See also:

Year Value
1960 $98,655,890
1961 $103,677,300
1962 $107,576,500
1963 $113,790,600
1964 $117,852,600
1965 $137,413,000
1966 $131,910,500
1967 $142,411,400
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 $477,913,000
1979 $612,851,800
1980 $734,744,800
1981 $702,691,300
1982 $664,016,500
1983 $563,944,300
1984 $521,562,000
1985 $541,177,500
1986 $724,449,200
1987 $849,241,000
1988 $846,177,400
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 $1,231,562,000
2000 $1,243,214,000
2001 $1,378,324,000
2002 $1,501,139,000
2003 $1,990,220,000
2004 $2,284,043,000
2005 $2,496,943,000
2006 $2,760,036,000
2007 $3,350,116,000
2008 $4,287,303,000
2009 $4,293,788,000
2010 $4,247,752,000
2011 $5,023,641,000
2012 $5,445,019,000
2013 $6,186,415,000
2014 $6,579,635,000
2015 $5,607,632,000
2016 $5,698,132,000
2017 $6,147,725,000
2018 $6,960,066,000
2019 $6,911,869,000
2020 $7,496,673,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Benin was 4,314,980,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,314,980,000,000 in 2020 and a minimum value of 24,189,940,000 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 24,189,940,000
1961 25,427,910,000
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 757,994,000,000
2000 882,940,000,000
2001 1,009,480,000,000
2002 1,041,360,000,000
2003 1,154,120,000,000
2004 1,204,460,000,000
2005 1,316,530,000,000
2006 1,441,910,000,000
2007 1,603,480,000,000
2008 1,912,140,000,000
2009 2,019,340,000,000
2010 2,101,760,000,000
2011 2,367,380,000,000
2012 2,779,990,000,000
2013 3,055,470,000,000
2014 3,248,740,000,000
2015 3,315,300,000,000
2016 3,376,750,000,000
2017 3,569,720,000,000
2018 3,865,940,000,000
2019 4,049,740,000,000
2020 4,314,980,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Benin was 7,024,290,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 7,024,290,000 in 2020 and 953,862,900 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 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
1970 953,862,900
1971 967,106,400
1972 1,030,680,000
1973 1,021,024,000
1974 1,121,505,000
1975 1,097,249,000
1976 1,082,727,000
1977 1,149,664,000
1978 1,124,879,000
1979 1,207,850,000
1980 1,339,699,000
1981 1,580,457,000
1982 1,513,443,000
1983 1,413,941,000
1984 1,442,460,000
1985 1,528,019,000
1986 1,650,337,000
1987 1,681,391,000
1988 1,628,788,000
1989 1,425,269,000
1990 1,630,072,000
1991 1,652,341,000
1992 1,699,274,000
1993 1,786,025,000
1994 1,789,232,000
1995 1,913,467,000
1996 1,956,788,000
1997 2,077,524,000
1998 2,165,084,000
1999 2,292,748,000
2000 2,579,677,000
2001 2,771,817,000
2002 2,842,021,000
2003 3,004,339,000
2004 3,099,628,000
2005 3,250,255,000
2006 3,428,415,000
2007 3,712,571,000
2008 4,191,591,000
2009 4,177,274,000
2010 4,278,745,000
2011 4,651,482,000
2012 4,912,405,000
2013 5,342,519,000
2014 5,609,025,000
2015 5,607,632,000
2016 5,711,469,000
2017 6,023,436,000
2018 6,366,791,000
2019 6,698,948,000
2020 7,024,290,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Benin was 4.86 as of 2020. As the graph below shows, over the past 49 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 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
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 12.51
2001 7.45
2002 2.53
2003 5.71
2004 3.17
2005 4.86
2006 5.48
2007 8.29
2008 12.90
2009 -0.34
2010 2.43
2011 8.71
2012 5.61
2013 8.76
2014 4.99
2015 -0.02
2016 1.85
2017 5.46
2018 5.70
2019 5.22
2020 4.86

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Benin was 4,152,840,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 4,152,840,000,000 in 2020 and a minimum value of 563,935,000,000 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 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
1970 563,935,000,000
1971 571,765,000,000
1972 609,350,000,000
1973 603,641,000,000
1974 663,047,000,000
1975 648,706,000,000
1976 640,121,000,000
1977 679,695,000,000
1978 665,042,000,000
1979 714,095,000,000
1980 792,045,000,000
1981 934,385,000,000
1982 894,765,000,000
1983 835,938,000,000
1984 852,799,000,000
1985 903,383,000,000
1986 975,698,000,000
1987 994,058,000,000
1988 962,959,000,000
1989 842,636,000,000
1990 963,718,000,000
1991 976,884,000,000
1992 1,004,630,000,000
1993 1,055,920,000,000
1994 1,057,820,000,000
1995 1,131,260,000,000
1996 1,156,880,000,000
1997 1,228,260,000,000
1998 1,280,020,000,000
1999 1,355,500,000,000
2000 1,525,140,000,000
2001 1,638,730,000,000
2002 1,680,240,000,000
2003 1,776,200,000,000
2004 1,832,540,000,000
2005 1,921,590,000,000
2006 2,026,920,000,000
2007 2,194,920,000,000
2008 2,478,120,000,000
2009 2,469,650,000,000
2010 2,529,640,000,000
2011 2,750,010,000,000
2012 2,904,270,000,000
2013 3,158,560,000,000
2014 3,316,120,000,000
2015 3,315,300,000,000
2016 3,376,690,000,000
2017 3,561,130,000,000
2018 3,764,120,000,000
2019 3,960,500,000,000
2020 4,152,840,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Benin was 47.90 as of 2020. Its highest value over the past 60 years was 55.59 in 1977, while its lowest value was 33.49 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
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 33.49
2000 35.32
2001 37.60
2002 35.79
2003 37.21
2004 36.90
2005 38.02
2006 39.24
2007 41.01
2008 43.80
2009 44.09
2010 44.55
2011 46.98
2012 48.87
2013 49.42
2014 49.53
2015 49.24
2016 48.20
2017 48.40
2018 48.80
2019 48.03
2020 47.90

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts