Burkina Faso - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Burkina Faso was 3,740,440,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 3,958,360,000,000 in 2019 and a minimum value of 322,625,000,000 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 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
1970 322,625,000,000
1971 323,735,000,000
1972 348,157,000,000
1973 333,644,000,000
1974 389,817,000,000
1975 373,019,000,000
1976 401,501,000,000
1977 467,283,000,000
1978 489,424,000,000
1979 587,969,000,000
1980 559,753,000,000
1981 589,589,000,000
1982 679,838,000,000
1983 702,014,000,000
1984 686,030,000,000
1985 748,303,000,000
1986 787,956,000,000
1987 804,967,000,000
1988 824,865,000,000
1989 869,823,000,000
1990 868,772,000,000
1991 914,045,000,000
1992 891,128,000,000
1993 887,972,000,000
1994 844,067,000,000
1995 908,425,000,000
1996 1,034,300,000,000
1997 1,114,950,000,000
1998 1,147,190,000,000
1999 1,146,500,000,000
2000 1,251,990,000,000
2001 1,342,270,000,000
2002 1,435,050,000,000
2003 1,496,570,000,000
2004 1,614,090,000,000
2005 1,761,460,000,000
2006 1,941,610,000,000
2007 2,029,350,000,000
2008 2,094,800,000,000
2009 2,219,210,000,000
2010 2,278,330,000,000
2011 2,427,820,000,000
2012 2,636,460,000,000
2013 2,779,540,000,000
2014 2,920,260,000,000
2015 3,083,660,000,000
2016 3,289,560,000,000
2017 3,492,950,000,000
2018 3,670,680,000,000
2019 3,958,360,000,000
2020 3,740,440,000,000

Base Period: varies by country

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