Cuba - Services

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

The latest value for Services, etc., value added (current US$) in Cuba was $37,518,000,000 as of 2008. Over the past 38 years, the value for this indicator has fluctuated between $37,518,000,000 in 2008 and $3,523,114,000 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 current U.S. dollars.

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

See also:

Year Value
1970 $3,523,114,000
1971 $4,278,742,000
1972 $5,033,887,000
1973 $6,180,824,000
1974 $7,060,317,000
1975 $8,061,726,000
1976 $8,528,981,000
1977 $8,789,764,000
1978 $11,048,490,000
1979 $12,138,440,000
1980 $12,305,250,000
1981 $12,431,010,000
1982 $12,987,600,000
1983 $13,794,920,000
1984 $14,978,190,000
1985 $13,952,820,000
1986 $14,819,860,000
1987 $15,995,430,000
1988 $17,251,130,000
1989 $17,086,620,000
1990 $17,984,480,000
1991 $16,098,850,000
1992 $14,439,560,000
1993 $15,068,900,000
1994 $16,387,220,000
1995 $16,331,870,000
1996 $13,208,400,000
1997 $13,453,600,000
1998 $14,064,900,000
1999 $15,568,900,000
2000 $16,406,800,000
2001 $17,579,900,000
2002 $18,932,900,000
2003 $20,675,400,000
2004 $22,464,900,000
2005 $26,181,500,000
2006 $32,627,700,000
2007 $35,831,000,000
2008 $37,518,000,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Cuba was 39,557,790,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 39,557,790,000 in 2010 and a minimum value of 3,523,114,000 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 current local currency.

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

Year Value
1970 3,523,114,000
1971 4,278,742,000
1972 4,797,295,000
1973 5,123,903,000
1974 5,789,459,000
1975 6,610,615,000
1976 7,002,293,000
1977 7,295,504,000
1978 8,507,334,000
1979 8,861,062,000
1980 8,859,778,000
1981 10,317,740,000
1982 11,039,460,000
1983 11,849,420,000
1984 13,158,340,000
1985 12,778,830,000
1986 12,351,020,000
1987 12,577,370,000
1988 13,076,360,000
1989 13,331,840,000
1990 13,524,330,000
1991 11,794,990,000
1992 10,685,280,000
1993 11,150,990,000
1994 12,126,540,000
1995 12,793,240,000
1996 13,208,400,000
1997 13,453,600,000
1998 14,064,900,000
1999 15,568,900,000
2000 16,406,800,000
2001 17,579,900,000
2002 18,932,900,000
2003 20,675,400,000
2004 22,464,900,000
2005 26,181,500,000
2006 32,627,700,000
2007 35,831,000,000
2008 37,518,000,000
2009 38,580,800,000
2010 39,557,790,000

Services, etc., value added (constant 2000 US$)

The latest value for Services, etc., value added (constant 2000 US$) in Cuba was 31,560,990,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between 31,560,990,000 in 2010 and 7,821,532,000 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 2000 U.S. dollars.

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

See also:

Year Value
1970 7,821,532,000
1971 8,492,262,000
1972 8,902,236,000
1973 9,209,179,000
1974 9,302,307,000
1975 10,178,060,000
1976 10,728,110,000
1977 11,667,620,000
1978 12,446,360,000
1979 12,593,630,000
1980 11,926,320,000
1981 14,295,790,000
1982 15,629,460,000
1983 16,511,500,000
1984 17,855,750,000
1985 17,544,430,000
1986 18,149,560,000
1987 17,980,100,000
1988 18,544,070,000
1989 18,684,610,000
1990 18,299,000,000
1991 17,156,660,000
1992 15,852,200,000
1993 14,012,920,000
1994 13,739,810,000
1995 13,610,480,000
1996 14,358,480,000
1997 14,888,840,000
1998 15,364,560,000
1999 15,688,760,000
2000 16,406,800,000
2001 17,396,600,000
2002 17,862,090,000
2003 18,926,380,000
2004 20,497,680,000
2005 24,004,470,000
2006 26,780,270,000
2007 28,737,450,000
2008 30,538,990,000
2009 31,432,000,000
2010 31,560,990,000

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

The value for Services, etc., value added (annual % growth) in Cuba was 0.41 as of 2010. As the graph below shows, over the past 39 years this indicator reached a maximum value of 19.87 in 1981 and a minimum value of -11.60 in 1993.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2000 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 8.58
1972 4.83
1973 3.45
1974 1.01
1975 9.41
1976 5.40
1977 8.76
1978 6.67
1979 1.18
1980 -5.30
1981 19.87
1982 9.33
1983 5.64
1984 8.14
1985 -1.74
1986 3.45
1987 -0.93
1988 3.14
1989 0.76
1990 -2.06
1991 -6.24
1992 -7.60
1993 -11.60
1994 -1.95
1995 -0.94
1996 5.50
1997 3.69
1998 3.20
1999 2.11
2000 4.58
2001 6.03
2002 2.68
2003 5.96
2004 8.30
2005 17.11
2006 11.56
2007 7.31
2008 6.27
2009 2.92
2010 0.41

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Cuba was 34,423,340,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 34,423,340,000 in 2010 and a minimum value of 8,530,888,000 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 8,530,888,000
1971 9,262,449,000
1972 9,709,605,000
1973 10,044,380,000
1974 10,145,960,000
1975 11,101,130,000
1976 11,701,070,000
1977 12,725,790,000
1978 13,575,160,000
1979 13,735,780,000
1980 13,007,950,000
1981 15,592,310,000
1982 17,046,940,000
1983 18,008,980,000
1984 19,475,130,000
1985 19,135,590,000
1986 19,795,600,000
1987 19,610,760,000
1988 20,225,880,000
1989 20,379,170,000
1990 19,958,590,000
1991 18,712,650,000
1992 17,289,880,000
1993 15,283,790,000
1994 14,985,910,000
1995 14,844,850,000
1996 15,660,690,000
1997 16,239,140,000
1998 16,758,010,000
1999 17,111,620,000
2000 17,894,780,000
2001 18,974,350,000
2002 19,482,060,000
2003 20,642,870,000
2004 22,356,680,000
2005 26,181,500,000
2006 29,209,040,000
2007 31,343,730,000
2008 33,308,650,000
2009 34,282,660,000
2010 34,423,340,000

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

Services, etc., value added (% of GDP) in Cuba was 74.49 as of 2010. Its highest value over the past 40 years was 75.29 in 2006, while its lowest value was 63.70 in 2000.

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
1970 68.05
1971 68.05
1972 68.05
1973 68.05
1974 68.05
1975 68.05
1976 68.04
1977 68.05
1978 68.05
1979 68.06
1980 68.08
1981 67.95
1982 68.09
1983 68.09
1984 68.07
1985 68.22
1986 67.28
1987 68.77
1988 68.09
1989 67.99
1990 67.38
1991 68.96
1992 69.10
1993 72.26
1994 69.89
1995 68.36
1996 66.05
1997 65.76
1998 66.39
1999 66.47
2000 63.70
2001 65.44
2002 67.50
2003 70.12
2004 72.17
2005 75.01
2006 75.29
2007 74.54
2008 74.33
2009 74.60
2010 74.49

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts