Serbia - Services

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

The latest value for Services, etc., value added (current US$) in Serbia was $20,762,990,000 as of 2012. Over the past 15 years, the value for this indicator has fluctuated between $25,269,290,000 in 2008 and $2,803,612,000 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
1997 $10,933,650,000
1998 $8,323,035,000
1999 $8,239,935,000
2000 $2,803,612,000
2001 $5,150,966,000
2002 $7,278,116,000
2003 $9,813,809,000
2004 $11,681,770,000
2005 $12,866,630,000
2006 $15,060,480,000
2007 $20,639,590,000
2008 $25,269,290,000
2009 $22,042,460,000
2010 $20,145,880,000
2011 $23,402,100,000
2012 $20,762,990,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Serbia was 1,824,390,000,000 as of 2012. As the graph below shows, over the past 17 years this indicator reached a maximum value of 1,824,390,000,000 in 2012 and a minimum value of 24,351,600,000 in 1995.

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
1995 24,351,600,000
1996 47,664,100,000
1997 64,643,000,000
1998 83,486,700,000
1999 96,090,000,000
2000 177,093,000,000
2001 344,670,000,000
2002 468,698,000,000
2003 565,132,000,000
2004 681,998,000,000
2005 858,382,000,000
2006 1,011,250,000,000
2007 1,206,460,000,000
2008 1,408,090,000,000
2009 1,489,640,000,000
2010 1,569,570,000,000
2011 1,716,310,000,000
2012 1,824,390,000,000

Services, etc., value added (constant 2005 US$)

The latest value for Services, etc., value added (constant 2005 US$) in Serbia was 14,985,000,000 as of 2012. Over the past 17 years, the value for this indicator has fluctuated between 15,175,490,000 in 2008 and 8,801,892,000 in 1999.

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 2005 U.S. dollars.

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

See also:

Year Value
1995 8,918,937,000
1996 9,167,735,000
1997 9,728,584,000
1998 9,642,460,000
1999 8,801,892,000
2000 10,000,100,000
2001 9,843,180,000
2002 10,401,700,000
2003 10,891,940,000
2004 11,770,900,000
2005 12,866,630,000
2006 13,506,880,000
2007 14,527,300,000
2008 15,175,490,000
2009 14,815,910,000
2010 14,849,730,000
2011 14,921,490,000
2012 14,985,000,000

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

The value for Services, etc., value added (annual % growth) in Serbia was 0.43 as of 2012. As the graph below shows, over the past 16 years this indicator reached a maximum value of 13.61 in 2000 and a minimum value of -8.72 in 1999.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2005 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
1996 2.79
1997 6.12
1998 -0.89
1999 -8.72
2000 13.61
2001 -1.57
2002 5.67
2003 4.71
2004 8.07
2005 9.31
2006 4.98
2007 7.55
2008 4.46
2009 -2.37
2010 0.23
2011 0.48
2012 0.43

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Serbia was 1,583,860,000,000 as of 2012. As the graph below shows, over the past 17 years this indicator reached a maximum value of 1,604,000,000,000 in 2008 and a minimum value of 930,330,000,000 in 1999.

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
1995 942,701,000,000
1996 968,998,000,000
1997 1,028,280,000,000
1998 1,019,170,000,000
1999 930,330,000,000
2000 1,056,980,000,000
2001 1,040,390,000,000
2002 1,099,420,000,000
2003 1,151,240,000,000
2004 1,244,140,000,000
2005 1,359,960,000,000
2006 1,427,630,000,000
2007 1,535,490,000,000
2008 1,604,000,000,000
2009 1,565,990,000,000
2010 1,569,570,000,000
2011 1,577,150,000,000
2012 1,583,860,000,000

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

Services, etc., value added (% of GDP) in Serbia was 60.72 as of 2012. Its highest value over the past 17 years was 61.73 in 2009, while its lowest value was 43.61 in 1995.

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
1995 43.61
1996 45.55
1997 48.73
1998 49.65
1999 48.71
2000 46.61
2001 47.08
2002 52.65
2003 54.71
2004 55.84
2005 58.74
2006 59.24
2007 61.71
2008 61.01
2009 61.73
2010 61.37
2011 59.82
2012 60.72

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts