Guinea-Bissau - Services

Financial intermediary services indirectly Measured (FISIM) (current LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Guinea-Bissau was 9,773,000,000 as of 2017. As the graph below shows, over the past 12 years this indicator reached a maximum value of 10,893,000,000 in 2012 and a minimum value of 802,000,000 in 2005.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2005 802,000,000
2006 1,395,000,000
2007 2,303,000,000
2008 5,308,000,000
2009 5,521,000,000
2010 6,579,000,000
2011 9,773,000,000
2012 10,893,000,000
2013 10,216,000,000
2014 10,611,000,000
2015 9,773,000,000
2016 9,773,000,000
2017 9,773,000,000

Financial intermediary services indirectly Measured (FISIM) (constant LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Guinea-Bissau was 5,827,839,000 as of 2017. As the graph below shows, over the past 17 years this indicator reached a maximum value of 10,120,090,000 in 2014 and a minimum value of 249,221,400 in 2000.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2000 249,221,400
2001 291,164,800
2002 331,000,000
2003 517,325,600
2004 498,251,600
2005 802,000,000
2006 1,499,167,000
2007 2,403,568,000
2008 4,725,017,000
2009 5,581,670,000
2010 5,742,698,000
2011 8,354,550,000
2012 8,103,580,000
2013 8,502,853,000
2014 10,120,090,000
2015 7,307,997,000
2016 7,399,778,000
2017 5,827,839,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Guinea-Bissau was 1,859 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between 2,114 in 2000 and 1,663 in 2006.

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
2000 2,114
2001 2,099
2002 1,768
2003 1,692
2004 1,800
2005 1,832
2006 1,663
2007 1,723
2008 1,713
2009 1,705
2010 1,747
2011 2,044
2012 1,886
2013 1,850
2014 1,905
2015 1,929
2016 1,961
2017 2,000
2018 1,884
2019 1,859

Services, value added (current US$)

The latest value for Services, value added (current US$) in Guinea-Bissau was $718,566,800 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $756,178,100 in 2018 and $24,642,810 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 current U.S. dollars.

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

See also:

Year Value
1970 $24,642,810
1971 $25,974,370
1972 $27,851,390
1973 $29,246,440
1974 $32,722,700
1975 $29,280,450
1976 $40,890,440
1977 $35,878,500
1978 $34,837,030
1979 $33,840,980
1980 $43,241,040
1981 $53,862,580
1982 $64,275,260
1983 $75,413,950
1984 $61,361,930
1985 $54,481,250
1986 $45,510,310
1987 $47,188,880
1988 $41,793,270
1989 $68,140,270
1990 $47,050,290
1991 $88,035,860
1992 $87,526,180
1993 $78,577,380
1994 $72,753,450
1995 $78,243,100
1996 $78,486,990
1997 $79,411,390
1998 $50,697,360
1999 $59,817,860
2000 $155,119,300
2001 $180,864,800
2002 $162,178,000
2003 $182,711,600
2004 $209,565,800
2005 $228,821,400
2006 $245,202,400
2007 $290,125,800
2008 $332,352,000
2009 $338,225,000
2010 $334,555,200
2011 $446,102,100
2012 $376,574,800
2013 $419,583,400
2014 $442,319,300
2015 $381,851,700
2016 $428,602,200
2017 $439,122,200
2018 $756,178,100
2019 $737,621,800
2020 $718,566,800

Services, value added (current LCU)

The value for Services, value added (current LCU) in Guinea-Bissau was 413,597,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 432,181,000,000 in 2019 and a minimum value of 13,530,800 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 current local currency.

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

Year Value
1970 13,530,800
1971 13,986,200
1972 14,996,900
1973 17,255,400
1974 19,895,400
1975 18,653,900
1976 26,912,200
1977 22,084,600
1978 24,176,900
1979 25,849,300
1980 33,169,200
1981 35,549,300
1982 48,157,000
1983 68,104,600
1984 113,846,200
1985 134,107,700
1986 261,369,200
1987 405,830,400
1988 713,511,900
1989 1,897,596,000
1990 1,581,944,000
1991 4,955,212,000
1992 9,336,907,000
1993 12,187,840,000
1994 14,429,960,000
1995 21,754,640,000
1996 31,845,700,000
1997 46,350,000,000
1998 29,909,000,000
1999 36,829,800,000
2000 110,167,000,000
2001 132,465,000,000
2002 112,505,000,000
2003 105,954,000,000
2004 110,512,000,000
2005 120,648,000,000
2006 128,100,000,000
2007 138,864,000,000
2008 148,229,000,000
2009 159,065,000,000
2010 165,536,000,000
2011 210,225,000,000
2012 192,263,000,000
2013 207,232,000,000
2014 218,398,000,000
2015 225,755,000,000
2016 253,992,000,000
2017 254,979,000,000
2018 420,016,000,000
2019 432,181,000,000
2020 413,597,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Guinea-Bissau was 428,127,900 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 447,324,700 in 2019 and 194,294,400 in 2003.

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
2000 216,098,400
2001 223,707,500
2002 195,252,800
2003 194,294,400
2004 216,136,700
2005 230,775,300
2006 218,745,700
2007 237,108,600
2008 246,534,900
2009 256,410,700
2010 275,513,800
2011 340,212,900
2012 325,034,300
2013 333,687,000
2014 358,244,200
2015 381,851,700
2016 408,536,100
2017 438,090,700
2018 432,055,200
2019 447,324,700
2020 428,127,900

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Guinea-Bissau was -4.29 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 23.48 in 2011 and a minimum value of -12.72 in 2002.

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
2001 3.52
2002 -12.72
2003 -0.49
2004 11.24
2005 6.77
2006 -5.21
2007 8.39
2008 3.98
2009 4.01
2010 7.45
2011 23.48
2012 -4.46
2013 2.66
2014 7.36
2015 6.59
2016 6.99
2017 7.23
2018 -1.38
2019 3.53
2020 -4.29

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Guinea-Bissau was 223,823,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 233,859,000,000 in 2019 and a minimum value of 101,576,000,000 in 2003.

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
2000 112,975,000,000
2001 116,953,000,000
2002 102,077,000,000
2003 101,576,000,000
2004 112,995,000,000
2005 120,648,000,000
2006 114,359,000,000
2007 123,959,000,000
2008 128,887,000,000
2009 134,050,000,000
2010 144,037,000,000
2011 177,861,000,000
2012 169,926,000,000
2013 174,450,000,000
2014 187,288,000,000
2015 199,630,000,000
2016 213,580,000,000
2017 229,031,000,000
2018 225,876,000,000
2019 233,859,000,000
2020 223,823,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Guinea-Bissau was 50.19 as of 2020. Its highest value over the past 50 years was 51.24 in 2019, while its lowest value was 19.29 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
1970 31.30
1971 33.07
1972 31.76
1973 32.72
1974 33.13
1975 26.87
1976 36.38
1977 31.21
1978 28.40
1979 28.55
1980 39.08
1981 34.81
1982 38.83
1983 46.10
1984 44.31
1985 37.87
1986 34.95
1987 27.15
1988 25.41
1989 31.97
1990 19.29
1991 34.24
1992 38.67
1993 33.17
1994 30.88
1995 30.81
1996 29.02
1997 29.57
1998 24.56
1999 26.65
2000 41.80
2001 46.07
2002 38.82
2003 38.27
2004 39.39
2005 38.98
2006 41.39
2007 41.63
2008 38.28
2009 40.74
2010 39.37
2011 40.56
2012 38.07
2013 40.11
2014 41.93
2015 36.43
2016 36.35
2017 32.52
2018 50.26
2019 51.24
2020 50.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts