Serbia - Services

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

The latest value for Services, etc., value added (current US$) in Serbia was $24,726,570,000 as of 2011. Over the past 11 years, the value for this indicator has fluctuated between $24,726,570,000 in 2011 and $2,756,383,000 in 2000.

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
2000 $2,756,383,000
2001 $5,201,117,000
2002 $7,179,333,000
2003 $9,547,773,000
2004 $11,145,060,000
2005 $12,302,710,000
2006 $14,545,000,000
2007 $19,848,870,000
2008 $24,482,380,000
2009 $20,851,880,000
2010 $20,723,630,000
2011 $24,726,570,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Serbia was 1,813,280,000,000 as of 2011. As the graph below shows, over the past 11 years this indicator reached a maximum value of 1,813,280,000,000 in 2011 and a minimum value of 174,109,000,000 in 2000.

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
2000 174,109,000,000
2001 348,026,000,000
2002 462,337,000,000
2003 549,812,000,000
2004 650,664,000,000
2005 820,761,000,000
2006 976,636,000,000
2007 1,160,240,000,000
2008 1,364,240,000,000
2009 1,409,180,000,000
2010 1,610,830,000,000
2011 1,813,280,000,000

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

The latest value for Services, etc., value added (constant 2000 US$) in Serbia was 4,182,082,000 as of 2009. Over the past 9 years, the value for this indicator has fluctuated between 4,222,479,000 in 2008 and 2,756,383,000 in 2000.

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
2000 2,756,383,000
2001 2,894,139,000
2002 2,977,736,000
2003 3,080,962,000
2004 3,314,562,000
2005 3,586,500,000
2006 3,790,299,000
2007 4,037,371,000
2008 4,222,479,000
2009 4,182,082,000

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

The value for Services, etc., value added (annual % growth) in Serbia was -0.96 as of 2009. As the graph below shows, over the past 8 years this indicator reached a maximum value of 8.20 in 2005 and a minimum value of -0.96 in 2009.

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
2001 5.00
2002 2.89
2003 3.47
2004 7.58
2005 8.20
2006 5.68
2007 6.52
2008 4.58
2009 -0.96

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Serbia was 649,329,000,000 as of 2009. As the graph below shows, over the past 9 years this indicator reached a maximum value of 655,601,000,000 in 2008 and a minimum value of 427,968,000,000 in 2000.

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
2000 427,968,000,000
2001 449,357,000,000
2002 462,337,000,000
2003 478,364,000,000
2004 514,634,000,000
2005 556,856,000,000
2006 588,499,000,000
2007 626,860,000,000
2008 655,601,000,000
2009 649,329,000,000

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

Services, etc., value added (% of GDP) in Serbia was 64.32 as of 2011. Its highest value over the past 11 years was 64.32 in 2011, while its lowest value was 49.59 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
2000 49.59
2001 51.68
2002 56.05
2003 58.58
2004 56.55
2005 58.90
2006 59.71
2007 61.38
2008 61.18
2009 62.41
2010 64.31
2011 64.32

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts