Macao SAR, China - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Macao SAR, China was 141,710 as of 2019. Over the past 11 years, the value for this indicator has fluctuated between 180,662 in 2013 and 104,380 in 2009.

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
2008 107,331
2009 104,380
2010 129,518
2011 153,832
2012 163,963
2013 180,662
2014 174,662
2015 133,288
2016 131,294
2017 139,900
2018 146,599
2019 141,710

Services, value added (current US$)

The latest value for Services, value added (current US$) in Macao SAR, China was $22,684,030,000 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between $52,128,340,000 in 2018 and $3,067,851,000 in 1991.

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
1991 $3,067,851,000
1992 $4,035,849,000
1993 $4,721,873,000
1994 $5,248,797,000
1995 $5,896,986,000
1996 $5,790,319,000
1997 $5,941,720,000
1998 $5,322,730,000
1999 $5,017,956,000
2000 $5,466,178,000
2001 $5,619,593,000
2002 $6,262,354,000
2003 $7,014,038,000
2004 $8,792,476,000
2005 $10,024,590,000
2006 $11,594,720,000
2007 $15,209,120,000
2008 $17,863,990,000
2009 $19,268,440,000
2010 $26,541,330,000
2011 $35,414,180,000
2012 $41,279,610,000
2013 $49,580,440,000
2014 $51,768,100,000
2015 $41,318,850,000
2016 $41,835,620,000
2017 $47,178,050,000
2018 $52,128,340,000
2019 $51,714,640,000
2020 $22,684,030,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Macao SAR, China was 181,225,000,000 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 420,806,000,000 in 2018 and a minimum value of 24,556,000,000 in 1991.

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
1991 24,556,000,000
1992 32,175,000,000
1993 37,622,000,000
1994 41,782,000,000
1995 46,986,000,000
1996 46,128,000,000
1997 47,387,000,000
1998 42,469,000,000
1999 40,103,000,000
2000 43,871,000,000
2001 45,145,000,000
2002 50,308,000,000
2003 56,261,000,000
2004 70,535,000,000
2005 80,308,000,000
2006 92,774,000,000
2007 122,219,000,000
2008 143,271,000,000
2009 153,845,000,000
2010 212,389,000,000
2011 283,958,000,000
2012 329,820,000,000
2013 396,113,000,000
2014 413,477,000,000
2015 329,931,000,000
2016 334,480,000,000
2017 378,651,000,000
2018 420,806,000,000
2019 417,363,000,000
2020 181,225,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Macao SAR, China was 21,275,430,000 as of 2020. Over the past 12 years, the value for this indicator has fluctuated between 55,397,970,000 in 2013 and 21,275,430,000 in 2020.

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
2008 25,730,330,000
2009 27,091,660,000
2010 35,867,550,000
2011 44,539,540,000
2012 48,804,960,000
2013 55,397,970,000
2014 53,446,460,000
2015 41,318,850,000
2016 41,805,140,000
2017 46,388,780,000
2018 49,521,690,000
2019 48,015,630,000
2020 21,275,430,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Macao SAR, China was -55.69 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 32.39 in 2010 and a minimum value of -55.69 in 2020.

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
2009 5.29
2010 32.39
2011 24.18
2012 9.58
2013 13.51
2014 -3.52
2015 -22.69
2016 1.18
2017 10.96
2018 6.75
2019 -3.04
2020 -55.69

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Macao SAR, China was 184,931,000,000 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 481,532,000,000 in 2013 and a minimum value of 184,931,000,000 in 2020.

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
2008 223,654,000,000
2009 235,487,000,000
2010 311,769,000,000
2011 387,148,000,000
2012 424,224,000,000
2013 481,532,000,000
2014 464,569,000,000
2015 359,153,000,000
2016 363,380,000,000
2017 403,222,000,000
2018 430,454,000,000
2019 417,363,000,000
2020 184,931,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Macao SAR, China was 88.66 as of 2020. Its highest value over the past 29 years was 96.20 in 2013, while its lowest value was 76.64 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
1991 81.48
1992 82.12
1993 83.34
1994 83.17
1995 83.69
1996 80.68
1997 81.76
1998 78.30
1999 76.64
2000 80.69
2001 81.92
2002 84.95
2003 85.05
2004 82.61
2005 82.44
2006 77.95
2007 82.48
2008 84.96
2009 89.26
2010 93.98
2011 96.11
2012 95.58
2013 96.20
2014 94.29
2015 91.72
2016 92.82
2017 93.53
2018 94.29
2019 93.68
2020 88.66

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts