Dem. Rep. Congo - Services, etc., value added (% of GDP)

Services, etc., value added (% of GDP) in Dem. Rep. Congo was 44.63 as of 2016. Its highest value over the past 51 years was 50.16 in 1977, while its lowest value was 26.00 in 1995.

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 47.65
1966 47.96
1967 48.01
1968 44.18
1969 43.27
1970 38.58
1971 43.45
1972 46.78
1973 42.05
1974 41.01
1975 45.04
1976 46.45
1977 50.16
1978 47.39
1979 44.55
1980 38.18
1981 40.35
1982 40.66
1983 38.46
1984 39.14
1985 37.13
1986 39.96
1987 42.00
1988 39.98
1989 39.84
1990 40.04
1991 40.76
1992 34.10
1993 31.77
1994 27.00
1995 26.00
1996 33.81
1997 30.33
1998 31.64
1999 28.47
2000 45.01
2001 35.46
2002 39.13
2003 43.33
2004 41.92
2005 44.64
2006 46.35
2007 45.21
2008 40.33
2009 39.74
2010 42.28
2011 42.20
2012 43.24
2013 44.28
2014 42.29
2015 44.43
2016 44.63

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