Singapore - Services

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

The latest value for Services, etc., value added (current US$) in Singapore was $140,936,000,000 as of 2010. Over the past 35 years, the value for this indicator has fluctuated between $140,936,000,000 in 2010 and $3,552,631,000 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 $3,552,631,000
1976 $3,947,624,000
1977 $4,138,795,000
1978 $4,745,798,000
1979 $5,714,242,000
1980 $7,109,760,000
1981 $8,554,462,000
1982 $9,908,127,000
1983 $10,746,580,000
1984 $11,784,150,000
1985 $12,043,180,000
1986 $11,634,010,000
1987 $13,141,670,000
1988 $15,647,700,000
1989 $19,041,210,000
1990 $23,326,960,000
1991 $27,233,160,000
1992 $30,883,450,000
1993 $37,489,960,000
1994 $43,109,020,000
1995 $50,097,640,000
1996 $59,108,270,000
1997 $65,841,350,000
1998 $60,333,790,000
1999 $54,392,540,000
2000 $58,356,940,000
2001 $58,309,470,000
2002 $58,375,310,000
2003 $60,734,400,000
2004 $69,655,810,000
2005 $80,567,180,000
2006 $91,177,070,000
2007 $112,517,000,000
2008 $123,384,000,000
2009 $127,954,000,000
2010 $140,936,000,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Singapore was 204,994,000,000 as of 2010. As the graph below shows, over the past 35 years this indicator reached a maximum value of 204,994,000,000 in 2010 and a minimum value of 8,657,300,000 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 8,657,300,000
1976 9,361,000,000
1977 10,226,300,000
1978 11,576,900,000
1979 12,994,300,000
1980 15,460,600,000
1981 18,316,900,000
1982 20,932,800,000
1983 22,997,900,000
1984 24,900,500,000
1985 25,689,100,000
1986 25,595,500,000
1987 28,614,900,000
1988 32,953,800,000
1989 38,319,000,000
1990 45,493,600,000
1991 49,361,000,000
1992 53,352,700,000
1993 61,069,900,000
1994 69,655,200,000
1995 76,520,800,000
1996 83,777,600,000
1997 92,838,500,000
1998 89,583,100,000
1999 91,030,900,000
2000 98,912,100,000
2001 100,523,000,000
2002 104,593,000,000
2003 108,750,000,000
2004 121,353,000,000
2005 136,183,000,000
2006 151,769,000,000
2007 178,782,000,000
2008 185,953,000,000
2009 181,028,000,000
2010 204,994,000,000

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

The latest value for Services, etc., value added (constant 2000 US$) in Singapore was 103,897,000,000 as of 2010. Over the past 35 years, the value for this indicator has fluctuated between 103,897,000,000 in 2010 and 8,758,755,000 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 2000 U.S. dollars.

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

See also:

Year Value
1975 8,758,755,000
1976 9,227,689,000
1977 9,959,295,000
1978 10,923,370,000
1979 11,757,540,000
1980 12,959,790,000
1981 14,413,310,000
1982 15,755,160,000
1983 17,067,380,000
1984 18,562,500,000
1985 19,413,190,000
1986 19,819,450,000
1987 21,912,270,000
1988 24,054,670,000
1989 26,640,360,000
1990 29,516,640,000
1991 31,517,730,000
1992 34,116,520,000
1993 38,355,170,000
1994 41,909,490,000
1995 44,546,460,000
1996 48,493,940,000
1997 53,183,280,000
1998 51,725,200,000
1999 54,352,490,000
2000 58,356,940,000
2001 60,281,110,000
2002 62,957,970,000
2003 66,769,840,000
2004 72,339,500,000
2005 77,595,780,000
2006 83,690,780,000
2007 91,227,910,000
2008 94,968,560,000
2009 94,349,770,000
2010 103,897,000,000

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

The value for Services, etc., value added (annual % growth) in Singapore was 10.12 as of 2010. As the graph below shows, over the past 34 years this indicator reached a maximum value of 12.42 in 1993 and a minimum value of -2.74 in 1998.

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
1976 5.35
1977 7.93
1978 9.68
1979 7.64
1980 10.23
1981 11.22
1982 9.31
1983 8.33
1984 8.76
1985 4.58
1986 2.09
1987 10.56
1988 9.78
1989 10.75
1990 10.80
1991 6.78
1992 8.25
1993 12.42
1994 9.27
1995 6.29
1996 8.86
1997 9.67
1998 -2.74
1999 5.08
2000 7.37
2001 3.30
2002 4.44
2003 6.05
2004 8.34
2005 7.27
2006 7.85
2007 9.01
2008 4.10
2009 -0.65
2010 10.12

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Singapore was 182,344,000,000 as of 2010. As the graph below shows, over the past 35 years this indicator reached a maximum value of 182,344,000,000 in 2010 and a minimum value of 15,372,000,000 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 15,372,000,000
1976 16,195,000,000
1977 17,479,000,000
1978 19,171,000,000
1979 20,635,000,000
1980 22,745,000,000
1981 25,296,000,000
1982 27,651,000,000
1983 29,954,000,000
1984 32,578,000,000
1985 34,071,000,000
1986 34,784,000,000
1987 38,457,000,000
1988 42,217,000,000
1989 46,755,000,000
1990 51,803,000,000
1991 55,315,000,000
1992 59,876,000,000
1993 67,315,000,000
1994 73,553,000,000
1995 78,181,000,000
1996 85,109,000,000
1997 93,339,000,000
1998 90,780,000,000
1999 95,391,000,000
2000 102,419,000,000
2001 105,796,000,000
2002 110,494,000,000
2003 117,184,000,000
2004 126,959,000,000
2005 136,184,000,000
2006 146,881,000,000
2007 160,109,000,000
2008 166,674,000,000
2009 165,588,000,000
2010 182,344,000,000

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

Services, etc., value added (% of GDP) in Singapore was 71.70 as of 2010. Its highest value over the past 35 years was 73.29 in 2008, while its lowest value was 62.26 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 65.42
1976 64.77
1977 65.04
1978 65.73
1979 64.07
1980 62.26
1981 62.80
1982 64.12
1983 63.03
1984 62.38
1985 65.73
1986 65.06
1987 65.67
1988 64.74
1989 65.99
1990 67.78
1991 66.11
1992 66.33
1993 66.27
1994 66.76
1995 66.54
1996 66.61
1997 67.14
1998 66.36
1999 67.36
2000 65.35
2001 68.12
2002 68.06
2003 68.81
2004 67.12
2005 68.34
2006 68.66
2007 71.02
2008 73.29
2009 71.62
2010 71.70

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts