Singapore - Services

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

The latest value for Services, etc., value added (current US$) in Singapore was $218,188,000,000 as of 2014. Over the past 39 years, the value for this indicator has fluctuated between $218,188,000,000 in 2014 and $3,553,862,000 in 1975.

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
1975 $3,553,862,000
1976 $3,948,130,000
1977 $4,139,038,000
1978 $4,747,192,000
1979 $5,716,133,000
1980 $7,123,832,000
1981 $8,574,357,000
1982 $9,939,225,000
1983 $10,786,820,000
1984 $11,845,250,000
1985 $12,081,480,000
1986 $11,625,190,000
1987 $13,132,210,000
1988 $15,587,350,000
1989 $18,957,730,000
1990 $23,210,310,000
1991 $28,575,110,000
1992 $32,590,610,000
1993 $37,617,530,000
1994 $45,633,630,000
1995 $54,172,640,000
1996 $59,869,360,000
1997 $62,757,680,000
1998 $53,789,910,000
1999 $54,434,220,000
2000 $58,114,910,000
2001 $56,776,020,000
2002 $58,900,090,000
2003 $62,558,610,000
2004 $72,302,220,000
2005 $82,254,090,000
2006 $96,610,300,000
2007 $119,806,000,000
2008 $132,306,000,000
2009 $131,796,000,000
2010 $161,494,000,000
2011 $189,956,000,000
2012 $197,929,000,000
2013 $209,830,000,000
2014 $218,188,000,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Singapore was 276,466,000,000 as of 2014. As the graph below shows, over the past 39 years this indicator reached a maximum value of 276,466,000,000 in 2014 and a minimum value of 8,660,300,000 in 1975.

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
1975 8,660,300,000
1976 9,362,200,000
1977 10,226,900,000
1978 11,580,300,000
1979 12,998,600,000
1980 15,491,200,000
1981 18,359,500,000
1982 20,998,500,000
1983 23,084,000,000
1984 25,029,600,000
1985 25,770,800,000
1986 25,576,100,000
1987 28,594,300,000
1988 32,826,700,000
1989 38,151,000,000
1990 45,266,100,000
1991 49,363,500,000
1992 53,090,100,000
1993 60,782,400,000
1994 69,700,800,000
1995 76,784,300,000
1996 84,415,800,000
1997 93,182,600,000
1998 90,022,800,000
1999 92,266,000,000
2000 100,190,000,000
2001 101,726,000,000
2002 105,467,000,000
2003 108,990,000,000
2004 122,205,000,000
2005 136,904,000,000
2006 153,504,000,000
2007 180,560,000,000
2008 187,200,000,000
2009 191,697,000,000
2010 220,198,000,000
2011 238,927,000,000
2012 247,352,000,000
2013 262,561,000,000
2014 276,466,000,000

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

The latest value for Services, etc., value added (constant 2005 US$) in Singapore was 136,197,000,000 as of 2014. Over the past 39 years, the value for this indicator has fluctuated between 136,197,000,000 in 2014 and 9,266,569,000 in 1975.

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
1975 9,266,569,000
1976 9,811,812,000
1977 10,613,650,000
1978 11,672,900,000
1979 12,630,600,000
1980 13,915,980,000
1981 15,439,840,000
1982 16,660,920,000
1983 17,932,630,000
1984 19,467,970,000
1985 20,215,260,000
1986 20,779,230,000
1987 23,107,170,000
1988 25,557,500,000
1989 28,287,080,000
1990 31,300,760,000
1991 33,467,850,000
1992 36,075,570,000
1993 40,523,190,000
1994 44,561,980,000
1995 47,320,810,000
1996 51,198,890,000
1997 55,836,930,000
1998 54,379,360,000
1999 57,481,580,000
2000 62,019,180,000
2001 63,502,520,000
2002 66,386,430,000
2003 70,043,390,000
2004 76,475,460,000
2005 82,254,090,000
2006 89,003,170,000
2007 97,113,060,000
2008 100,654,000,000
2009 99,606,050,000
2010 112,375,000,000
2011 119,527,000,000
2012 122,825,000,000
2013 129,199,000,000
2014 136,197,000,000

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

The value for Services, etc., value added (annual % growth) in Singapore was 5.42 as of 2014. As the graph below shows, over the past 38 years this indicator reached a maximum value of 12.82 in 2010 and a minimum value of -2.61 in 1998.

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
1976 5.88
1977 8.17
1978 9.98
1979 8.20
1980 10.18
1981 10.95
1982 7.91
1983 7.63
1984 8.56
1985 3.84
1986 2.79
1987 11.20
1988 10.60
1989 10.68
1990 10.65
1991 6.92
1992 7.79
1993 12.33
1994 9.97
1995 6.19
1996 8.20
1997 9.06
1998 -2.61
1999 5.70
2000 7.89
2001 2.39
2002 4.54
2003 5.51
2004 9.18
2005 7.56
2006 8.21
2007 9.11
2008 3.65
2009 -1.04
2010 12.82
2011 6.36
2012 2.76
2013 5.19
2014 5.42

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Singapore was 266,878,000,000 as of 2014. As the graph below shows, over the past 39 years this indicator reached a maximum value of 266,878,000,000 in 2014 and a minimum value of 18,157,800,000 in 1975.

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
1975 18,157,800,000
1976 19,226,200,000
1977 20,797,400,000
1978 22,873,000,000
1979 24,749,600,000
1980 27,268,300,000
1981 30,254,300,000
1982 32,647,000,000
1983 35,138,900,000
1984 38,147,400,000
1985 39,611,700,000
1986 40,716,800,000
1987 45,278,400,000
1988 50,079,800,000
1989 55,428,400,000
1990 61,333,700,000
1991 65,580,100,000
1992 70,689,900,000
1993 79,405,000,000
1994 87,319,000,000
1995 92,724,900,000
1996 100,324,000,000
1997 109,412,000,000
1998 106,556,000,000
1999 112,635,000,000
2000 121,526,000,000
2001 124,433,000,000
2002 130,084,000,000
2003 137,250,000,000
2004 149,853,000,000
2005 161,177,000,000
2006 174,401,000,000
2007 190,293,000,000
2008 197,231,000,000
2009 195,178,000,000
2010 220,198,000,000
2011 234,213,000,000
2012 240,674,000,000
2013 253,166,000,000
2014 266,878,000,000

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

Services, etc., value added (% of GDP) in Singapore was 75.02 as of 2014. Its highest value over the past 39 years was 75.02 in 2014, while its lowest value was 62.20 in 1980.

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
1975 65.41
1976 64.72
1977 64.96
1978 65.63
1979 63.97
1980 62.20
1981 62.76
1982 64.06
1983 63.01
1984 62.35
1985 65.60
1986 64.90
1987 65.45
1988 64.40
1989 65.73
1990 67.32
1991 65.67
1992 65.81
1993 65.76
1994 66.28
1995 66.09
1996 66.21
1997 66.77
1998 66.12
1999 67.10
2000 65.07
2001 67.63
2002 67.61
2003 68.17
2004 66.67
2005 67.58
2006 68.24
2007 70.61
2008 72.63
2009 72.09
2010 72.33
2011 73.56
2012 73.29
2013 74.86
2014 75.02

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts