Mali - Services, value added (% of GDP)

Services, value added (% of GDP) in Mali was 34.43 as of 2020. Its highest value over the past 53 years was 46.76 in 1983, while its lowest value was 18.83 in 1967.

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
1967 18.83
1968 20.89
1969 21.26
1970 19.53
1971 19.32
1972 23.19
1973 26.51
1974 31.46
1975 23.24
1976 25.08
1977 25.03
1978 27.65
1979 25.72
1980 43.80
1981 43.04
1982 45.36
1983 46.76
1984 45.30
1985 43.27
1986 43.29
1987 41.47
1988 40.85
1989 40.63
1990 41.07
1991 39.12
1992 41.69
1993 39.40
1994 40.72
1995 38.49
1996 37.83
1997 36.64
1998 37.54
1999 37.33
2000 37.26
2001 35.87
2002 35.29
2003 37.26
2004 36.55
2005 34.79
2006 34.59
2007 35.95
2008 36.74
2009 34.21
2010 35.45
2011 36.73
2012 34.22
2013 38.27
2014 37.31
2015 37.27
2016 35.64
2017 34.89
2018 33.95
2019 33.50
2020 34.43

Limitations and Exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices. 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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts