Chad - Services, value added (% of GDP)

Services, value added (% of GDP) in Chad was 43.82 as of 2020. Its highest value over the past 60 years was 51.77 in 1977, while its lowest value was 28.69 in 2004.

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
1960 48.14
1961 48.65
1962 49.29
1963 48.32
1964 48.68
1965 47.95
1966 46.00
1967 42.16
1968 42.17
1969 42.77
1970 43.83
1971 43.98
1972 44.94
1973 44.69
1974 43.55
1975 44.61
1976 45.96
1977 51.77
1978 51.64
1979 49.33
1980 46.66
1981 49.15
1982 48.78
1983 47.24
1984 48.79
1985 47.57
1986 50.86
1987 50.22
1988 47.61
1989 49.24
1990 50.48
1991 48.88
1992 49.74
1993 51.65
1994 49.42
1995 49.42
1996 46.27
1997 43.98
1998 43.68
1999 45.49
2000 44.58
2001 43.00
2002 43.93
2003 40.40
2004 28.69
2005 35.07
2006 32.52
2007 33.25
2008 32.57
2009 37.51
2010 33.41
2011 32.59
2012 31.82
2013 33.02
2014 31.09
2015 33.04
2016 30.49
2017 33.51
2018 37.53
2019 40.47
2020 43.82

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. 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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts