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

Services, etc., value added (% of GDP) in Cameroon was 56.72 as of 2016. Its highest value over the past 51 years was 56.72 in 2016, while its lowest value was 38.76 in 1984.

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
1965 46.97
1966 47.49
1967 48.76
1968 49.00
1969 49.84
1970 50.00
1971 49.77
1972 49.18
1973 50.59
1974 52.59
1975 52.64
1976 53.43
1977 47.96
1978 52.69
1979 48.53
1980 43.13
1981 40.74
1982 39.24
1983 40.97
1984 38.76
1985 42.48
1986 44.05
1987 45.13
1988 46.16
1989 44.24
1990 45.97
1991 45.69
1992 46.97
1993 53.66
1994 50.67
1995 52.53
1996 51.86
1997 51.16
1998 51.57
1999 50.28
2000 49.35
2001 52.48
2002 52.85
2003 53.49
2004 54.42
2005 54.57
2006 53.53
2007 54.29
2008 54.26
2009 56.37
2010 55.83
2011 56.61
2012 55.38
2013 55.82
2014 55.62
2015 56.59
2016 56.72

Limitations and Exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

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