Vanuatu - Services

Financial intermediary services indirectly Measured (FISIM) (current LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Vanuatu was 2,952,000,000 as of 2018. As the graph below shows, over the past 16 years this indicator reached a maximum value of 3,644,000,000 in 2011 and a minimum value of 1,397,000,000 in 2002.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2002 1,397,000,000
2003 1,536,000,000
2004 1,556,000,000
2005 1,897,000,000
2006 2,113,000,000
2007 2,333,000,000
2008 2,651,000,000
2009 2,910,000,000
2010 3,160,000,000
2011 3,644,000,000
2012 3,082,000,000
2013 3,236,000,000
2014 3,574,000,000
2015 3,448,000,000
2016 3,364,000,000
2017 3,228,000,000
2018 2,952,000,000

Financial intermediary services indirectly Measured (FISIM) (constant LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Vanuatu was 2,314,000,000 as of 2018. As the graph below shows, over the past 16 years this indicator reached a maximum value of 3,093,000,000 in 2011 and a minimum value of 1,507,000,000 in 2002.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2002 1,507,000,000
2003 1,608,000,000
2004 1,607,000,000
2005 1,936,000,000
2006 2,113,000,000
2007 2,245,000,000
2008 2,434,000,000
2009 2,555,000,000
2010 2,705,000,000
2011 3,093,000,000
2012 2,468,000,000
2013 2,517,000,000
2014 2,922,000,000
2015 2,747,000,000
2016 2,660,000,000
2017 2,546,000,000
2018 2,314,000,000

Services, value added (current US$)

The latest value for Services, value added (current US$) in Vanuatu was $546,952,300 as of 2018. Over the past 16 years, the value for this indicator has fluctuated between $546,952,300 in 2018 and $154,779,200 in 2002.

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 and import duties. 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
2002 $154,779,200
2003 $193,896,000
2004 $223,222,100
2005 $245,959,100
2006 $278,794,100
2007 $320,283,100
2008 $362,029,800
2009 $361,717,300
2010 $414,020,600
2011 $488,190,300
2012 $478,110,900
2013 $481,529,500
2014 $483,560,100
2015 $446,117,600
2016 $486,407,000
2017 $535,564,600
2018 $546,952,300

Services, value added (current LCU)

The value for Services, value added (current LCU) in Vanuatu was 60,255,000,000 as of 2018. As the graph below shows, over the past 16 years this indicator reached a maximum value of 60,255,000,000 in 2018 and a minimum value of 21,545,000,000 in 2002.

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 and import duties. 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
2002 21,545,000,000
2003 23,692,000,000
2004 24,954,000,000
2005 26,870,000,000
2006 30,846,000,000
2007 32,809,000,000
2008 36,686,000,000
2009 38,610,000,000
2010 40,121,000,000
2011 43,678,000,000
2012 44,291,000,000
2013 45,525,000,000
2014 46,940,000,000
2015 48,622,000,000
2016 52,763,000,000
2017 57,745,000,000
2018 60,255,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Vanuatu was 491,328,200 as of 2018. Over the past 16 years, the value for this indicator has fluctuated between 491,328,200 in 2018 and 271,501,900 in 2002.

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 or 4. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2002 271,501,900
2003 290,067,900
2004 301,407,500
2005 321,348,300
2006 350,481,200
2007 353,253,600
2008 370,001,600
2009 386,829,200
2010 397,237,000
2011 425,870,000
2012 444,697,300
2013 440,754,600
2014 457,695,800
2015 446,117,600
2016 466,297,000
2017 487,624,000
2018 491,328,200

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Vanuatu was 0.76 as of 2018. As the graph below shows, over the past 15 years this indicator reached a maximum value of 9.07 in 2006 and a minimum value of -2.53 in 2015.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 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 or 4.

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

See also:

Year Value
2003 6.84
2004 3.91
2005 6.62
2006 9.07
2007 0.79
2008 4.74
2009 4.55
2010 2.69
2011 7.21
2012 4.42
2013 -0.89
2014 3.84
2015 -2.53
2016 4.52
2017 4.57
2018 0.76

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Vanuatu was 43,242,000,000 as of 2018. As the graph below shows, over the past 16 years this indicator reached a maximum value of 43,242,000,000 in 2018 and a minimum value of 23,895,000,000 in 2002.

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 and import duties. 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
2002 23,895,000,000
2003 25,529,000,000
2004 26,527,000,000
2005 28,282,000,000
2006 30,846,000,000
2007 31,090,000,000
2008 32,564,000,000
2009 34,045,000,000
2010 34,961,000,000
2011 37,481,000,000
2012 39,138,000,000
2013 38,791,000,000
2014 40,282,000,000
2015 39,263,000,000
2016 41,039,000,000
2017 42,916,000,000
2018 43,242,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Vanuatu was 59.79 as of 2018. Its highest value over the past 16 years was 63.93 in 2012, while its lowest value was 58.94 in 2002.

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 or 4.

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

See also:

Year Value
2002 58.94
2003 61.66
2004 61.16
2005 62.27
2006 63.45
2007 62.02
2008 61.28
2009 61.04
2010 61.73
2011 63.39
2012 63.93
2013 63.50
2014 62.61
2015 61.04
2016 62.29
2017 60.86
2018 59.79

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts