United Kingdom - Services

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

The latest value for Services, etc., value added (current US$) in United Kingdom was $1,566,100,000,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between $1,912,550,000,000 in 2007 and $62,561,530,000 in 1970.

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
1970 $62,561,530,000
1971 $72,121,570,000
1972 $84,139,250,000
1973 $96,291,830,000
1974 $105,955,000,000
1975 $129,500,000,000
1976 $122,482,000,000
1977 $137,482,000,000
1978 $174,743,000,000
1979 $224,354,000,000
1980 $283,207,000,000
1981 $272,476,000,000
1982 $259,782,000,000
1983 $249,131,000,000
1984 $236,073,000,000
1985 $252,012,000,000
1986 $310,761,000,000
1987 $385,099,000,000
1988 $472,636,000,000
1989 $483,752,000,000
1990 $585,643,000,000
1991 $625,370,000,000
1992 $657,397,000,000
1993 $597,389,000,000
1994 $640,611,000,000
1995 $693,044,000,000
1996 $736,615,000,000
1997 $832,073,000,000
1998 $910,682,000,000
1999 $951,063,000,000
2000 $937,375,000,000
2001 $950,818,000,000
2002 $1,062,540,000,000
2003 $1,245,200,000,000
2004 $1,481,170,000,000
2005 $1,540,430,000,000
2006 $1,652,390,000,000
2007 $1,912,550,000,000
2008 $1,803,050,000,000
2009 $1,528,680,000,000
2010 $1,566,100,000,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in United Kingdom was 1,013,550,000,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,013,550,000,000 in 2010 and a minimum value of 26,069,390,000 in 1970.

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
1970 26,069,390,000
1971 29,634,750,000
1972 33,689,360,000
1973 39,306,330,000
1974 45,327,490,000
1975 58,533,790,000
1976 68,161,370,000
1977 78,818,400,000
1978 91,128,230,000
1979 105,940,000,000
1980 121,864,000,000
1981 135,584,000,000
1982 148,699,000,000
1983 164,352,000,000
1984 177,480,000,000
1985 196,368,000,000
1986 212,001,000,000
1987 235,642,000,000
1988 265,716,000,000
1989 295,669,000,000
1990 329,834,000,000
1991 354,585,000,000
1992 374,585,000,000
1993 398,339,000,000
1994 418,575,000,000
1995 439,182,000,000
1996 472,170,000,000
1997 508,230,000,000
1998 549,870,000,000
1999 587,852,000,000
2000 619,511,000,000
2001 660,533,000,000
2002 708,930,000,000
2003 762,684,000,000
2004 808,988,000,000
2005 847,233,000,000
2006 898,050,000,000
2007 955,839,000,000
2008 980,799,000,000
2009 981,289,000,000
2010 1,013,550,000,000

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

The latest value for Services, etc., value added (constant 2000 US$) in United Kingdom was 1,191,690,000,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between 1,212,800,000,000 in 2007 and 374,138,000,000 in 1970.

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
1970 374,138,000,000
1971 387,581,000,000
1972 405,387,000,000
1973 437,677,000,000
1974 441,788,000,000
1975 452,098,000,000
1976 463,222,000,000
1977 468,105,000,000
1978 475,876,000,000
1979 481,220,000,000
1980 481,608,000,000
1981 485,232,000,000
1982 496,470,000,000
1983 513,535,000,000
1984 526,833,000,000
1985 546,853,000,000
1986 570,044,000,000
1987 591,760,000,000
1988 617,931,000,000
1989 630,503,000,000
1990 639,502,000,000
1991 644,884,000,000
1992 649,598,000,000
1993 667,771,000,000
1994 692,111,000,000
1995 714,821,000,000
1996 737,527,000,000
1997 802,165,000,000
1998 844,895,000,000
1999 885,871,000,000
2000 937,375,000,000
2001 978,354,000,000
2002 1,010,180,000,000
2003 1,056,760,000,000
2004 1,090,170,000,000
2005 1,124,600,000,000
2006 1,161,270,000,000
2007 1,212,800,000,000
2008 1,206,520,000,000
2009 1,170,990,000,000
2010 1,191,690,000,000

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

The value for Services, etc., value added (annual % growth) in United Kingdom was 1.77 as of 2010. As the graph below shows, over the past 39 years this indicator reached a maximum value of 8.76 in 1997 and a minimum value of -2.94 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
1971 3.59
1972 4.59
1973 7.97
1974 0.94
1975 2.33
1976 2.46
1977 1.05
1978 1.66
1979 1.12
1980 0.08
1981 0.75
1982 2.32
1983 3.44
1984 2.59
1985 3.80
1986 4.24
1987 3.81
1988 4.42
1989 2.03
1990 1.43
1991 0.84
1992 0.73
1993 2.80
1994 3.64
1995 3.28
1996 3.18
1997 8.76
1998 5.33
1999 4.85
2000 5.81
2001 4.37
2002 3.25
2003 4.61
2004 3.16
2005 3.16
2006 3.26
2007 4.44
2008 -0.52
2009 -2.94
2010 1.77

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in United Kingdom was 897,771,000,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 913,675,000,000 in 2007 and a minimum value of 281,861,000,000 in 1970.

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
1970 281,861,000,000
1971 291,988,000,000
1972 305,403,000,000
1973 329,728,000,000
1974 332,826,000,000
1975 340,593,000,000
1976 348,974,000,000
1977 352,652,000,000
1978 358,506,000,000
1979 362,532,000,000
1980 362,825,000,000
1981 365,555,000,000
1982 374,021,000,000
1983 386,877,000,000
1984 396,895,000,000
1985 411,978,000,000
1986 429,449,000,000
1987 445,809,000,000
1988 465,526,000,000
1989 474,996,000,000
1990 481,776,000,000
1991 485,830,000,000
1992 489,382,000,000
1993 503,073,000,000
1994 521,410,000,000
1995 538,518,000,000
1996 555,624,000,000
1997 604,320,000,000
1998 636,511,000,000
1999 667,381,000,000
2000 706,182,000,000
2001 737,054,000,000
2002 761,034,000,000
2003 796,123,000,000
2004 821,290,000,000
2005 847,233,000,000
2006 874,857,000,000
2007 913,675,000,000
2008 908,943,000,000
2009 882,181,000,000
2010 897,771,000,000

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

Services, etc., value added (% of GDP) in United Kingdom was 77.61 as of 2010. Its highest value over the past 40 years was 78.07 in 2009, while its lowest value was 55.04 in 1970.

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
1970 55.04
1971 55.70
1972 56.22
1973 56.65
1974 57.16
1975 58.33
1976 57.86
1977 57.77
1978 57.76
1979 57.55
1980 57.17
1981 57.74
1982 58.31
1983 58.88
1984 59.44
1985 60.00
1986 60.62
1987 61.25
1988 61.89
1989 62.56
1990 64.12
1991 66.11
1992 67.18
1993 67.83
1994 67.47
1995 67.16
1996 67.61
1997 68.73
1998 70.31
1999 71.44
2000 71.70
2001 72.79
2002 74.09
2003 75.16
2004 75.58
2005 75.86
2006 75.85
2007 76.31
2008 76.39
2009 78.07
2010 77.61

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts