Barbados - Services, value added (current US$)

The latest value for Services, value added (current US$) in Barbados was $2,747,550,000 as of 2005. Over the past 30 years, the value for this indicator has fluctuated between $2,747,550,000 in 2005 and $236,153,200 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 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
1975 $236,153,200
1976 $278,168,000
1977 $307,538,900
1978 $339,382,500
1979 $414,806,300
1980 $515,736,100
1981 $595,425,900
1982 $633,272,000
1983 $657,882,900
1984 $717,048,700
1985 $791,776,400
1986 $845,821,100
1987 $924,973,900
1988 $985,581,400
1989 $1,103,963,000
1990 $1,428,579,000
1991 $1,424,750,000
1992 $1,399,650,000
1993 $1,456,869,000
1994 $1,547,606,000
1995 $1,599,612,000
1996 $1,721,374,000
1997 $1,797,594,000
1998 $1,984,338,000
1999 $2,083,727,000
2000 $2,180,300,000
2001 $2,184,000,000
2002 $2,289,250,000
2003 $2,302,550,000
2004 $2,509,450,000
2005 $2,747,550,000

Aggregation method: Gap-filled total

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts