Ecuador - Services

Financial intermediary services indirectly Measured (FISIM) (constant LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Ecuador was 0.000 as of 1999. As the graph below shows, over the past 34 years this indicator reached a maximum value of 0.000 in 1999 and a minimum value of 0.000 in 1965.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 0.000
1966 0.000
1967 0.000
1968 0.000
1969 0.000
1970 0.000
1971 0.000
1972 0.000
1973 0.000
1974 0.000
1975 0.000
1976 0.000
1977 0.000
1978 0.000
1979 0.000
1980 0.000
1981 0.000
1982 0.000
1983 0.000
1984 0.000
1985 0.000
1986 0.000
1987 0.000
1988 0.000
1989 0.000
1990 0.000
1991 0.000
1992 0.000
1993 0.000
1994 0.000
1995 0.000
1996 0.000
1997 0.000
1998 0.000
1999 0.000

Services, value added per worker (constant 2010 US$)

The latest value for Services, value added per worker (constant 2010 US$) in Ecuador was 12,202 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 13,204 in 2014 and 10,049 in 1999.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 12,219
1992 12,004
1993 11,844
1994 11,620
1995 11,636
1996 11,559
1997 11,620
1998 11,259
1999 10,049
2000 10,250
2001 10,152
2002 10,238
2003 10,301
2004 10,131
2005 10,339
2006 10,406
2007 10,500
2008 10,931
2009 11,534
2010 11,712
2011 12,191
2012 12,420
2013 12,985
2014 13,204
2015 12,784
2016 12,117
2017 12,019
2018 12,473
2019 12,202

Services, value added (current US$)

The latest value for Services, value added (current US$) in Ecuador was $52,007,060,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $56,003,670,000 in 2019 and $608,530,300 in 1962.

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
1960 $847,909,000
1961 $721,406,100
1962 $608,530,300
1963 $727,784,900
1964 $900,449,800
1965 $980,677,100
1966 $1,031,032,000
1967 $1,075,571,000
1968 $1,050,829,000
1969 $1,361,412,000
1970 $1,192,303,000
1971 $1,141,875,000
1972 $1,339,130,000
1973 $1,733,990,000
1974 $3,018,099,000
1975 $3,756,025,000
1976 $4,486,023,000
1977 $5,432,851,000
1978 $5,981,337,000
1979 $7,248,047,000
1980 $9,539,197,000
1981 $11,562,640,000
1982 $10,327,750,000
1983 $9,014,273,000
1984 $8,179,908,000
1985 $8,190,810,000
1986 $7,237,718,000
1987 $6,543,351,000
1988 $5,797,498,000
1989 $6,166,358,000
1990 $6,875,677,000
1991 $7,591,903,000
1992 $8,070,402,000
1993 $8,387,400,000
1994 $10,453,730,000
1995 $11,680,660,000
1996 $12,477,270,000
1997 $14,133,570,000
1998 $14,574,510,000
1999 $9,728,055,000
2000 $8,296,605,000
2001 $12,327,230,000
2002 $14,809,160,000
2003 $17,573,490,000
2004 $19,779,720,000
2005 $22,176,550,000
2006 $24,234,270,000
2007 $26,162,460,000
2008 $30,593,500,000
2009 $32,547,720,000
2010 $35,577,020,000
2011 $39,089,280,000
2012 $43,061,220,000
2013 $46,854,630,000
2014 $50,196,930,000
2015 $51,008,790,000
2016 $51,522,140,000
2017 $53,431,950,000
2018 $55,326,440,000
2019 $56,003,670,000
2020 $52,007,060,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Ecuador was 52,007,060,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 56,003,670,000 in 2019 and a minimum value of 608,238,700 in 1962.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 706,252,100
1961 660,972,000
1962 608,238,700
1963 727,436,000
1964 900,018,200
1965 980,207,000
1966 1,030,538,000
1967 1,075,055,000
1968 1,050,325,000
1969 1,360,759,000
1970 1,191,732,000
1971 1,141,328,000
1972 1,338,488,000
1973 1,733,159,000
1974 3,016,652,000
1975 3,754,224,000
1976 4,483,872,000
1977 5,430,247,000
1978 5,978,470,000
1979 7,244,572,000
1980 9,534,624,000
1981 11,557,100,000
1982 10,322,800,000
1983 9,009,952,000
1984 8,175,987,000
1985 8,186,884,000
1986 7,234,248,000
1987 6,540,214,000
1988 5,794,719,000
1989 6,163,402,000
1990 6,872,381,000
1991 7,588,107,000
1992 8,066,367,000
1993 8,383,206,000
1994 10,448,500,000
1995 11,674,820,000
1996 12,471,030,000
1997 14,126,500,000
1998 14,567,220,000
1999 9,723,191,000
2000 8,292,457,000
2001 12,327,230,000
2002 14,809,160,000
2003 17,573,490,000
2004 19,779,720,000
2005 22,176,550,000
2006 24,234,270,000
2007 26,162,460,000
2008 30,593,500,000
2009 32,547,720,000
2010 35,577,020,000
2011 39,089,280,000
2012 43,061,220,000
2013 46,854,630,000
2014 50,196,930,000
2015 51,008,790,000
2016 51,522,140,000
2017 53,431,950,000
2018 55,326,440,000
2019 56,003,670,000
2020 52,007,060,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Ecuador was 49,134,590,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 53,039,000,000 in 2019 and 5,715,616,000 in 1960.

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, 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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 5,715,616,000
1961 5,967,933,000
1962 6,139,520,000
1963 6,346,281,000
1964 6,865,434,000
1965 7,052,197,000
1966 7,097,659,000
1967 7,258,894,000
1968 7,506,596,000
1969 7,859,941,000
1970 8,423,526,000
1971 8,610,957,000
1972 8,915,127,000
1973 9,465,909,000
1974 10,776,700,000
1975 12,285,080,000
1976 13,237,820,000
1977 13,693,400,000
1978 14,534,520,000
1979 15,459,190,000
1980 16,609,320,000
1981 18,409,300,000
1982 18,809,570,000
1983 19,161,460,000
1984 19,353,050,000
1985 19,948,300,000
1986 20,384,480,000
1987 21,139,900,000
1988 21,592,810,000
1989 21,836,410,000
1990 22,344,590,000
1991 23,010,810,000
1992 23,382,870,000
1993 23,959,720,000
1994 24,418,020,000
1995 25,354,340,000
1996 26,050,530,000
1997 27,172,490,000
1998 28,200,560,000
1999 25,847,370,000
2000 27,011,840,000
2001 27,657,800,000
2002 28,581,220,000
2003 29,426,650,000
2004 30,853,560,000
2005 32,636,740,000
2006 34,161,830,000
2007 35,405,020,000
2008 37,764,210,000
2009 38,842,710,000
2010 40,605,390,000
2011 43,363,600,000
2012 45,930,400,000
2013 48,415,020,000
2014 50,348,000,000
2015 51,008,790,000
2016 50,601,640,000
2017 51,595,660,000
2018 52,996,260,000
2019 53,039,000,000
2020 49,134,590,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Ecuador was -7.36 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 14.00 in 1975 and a minimum value of -8.34 in 1999.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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, 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
1961 4.41
1962 2.88
1963 3.37
1964 8.18
1965 2.72
1966 0.64
1967 2.27
1968 3.41
1969 4.71
1970 7.17
1971 2.23
1972 3.53
1973 6.18
1974 13.85
1975 14.00
1976 7.76
1977 3.44
1978 6.14
1979 6.36
1980 7.44
1981 10.84
1982 2.17
1983 1.87
1984 1.00
1985 3.08
1986 2.19
1987 3.71
1988 2.14
1989 1.13
1990 2.33
1991 2.98
1992 1.62
1993 2.47
1994 1.91
1995 3.83
1996 2.75
1997 4.31
1998 3.78
1999 -8.34
2000 4.51
2001 2.39
2002 3.34
2003 2.96
2004 4.85
2005 5.78
2006 4.67
2007 3.64
2008 6.66
2009 2.86
2010 4.54
2011 6.79
2012 5.92
2013 5.41
2014 3.99
2015 1.31
2016 -0.80
2017 1.96
2018 2.71
2019 0.08
2020 -7.36

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Ecuador was 36,307,890,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 39,193,060,000 in 2019 and a minimum value of 4,223,542,000 in 1960.

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
1960 4,223,542,000
1961 4,409,992,000
1962 4,536,785,000
1963 4,689,571,000
1964 5,073,197,000
1965 5,211,206,000
1966 5,244,800,000
1967 5,363,944,000
1968 5,546,983,000
1969 5,808,086,000
1970 6,224,546,000
1971 6,363,048,000
1972 6,587,814,000
1973 6,994,813,000
1974 7,963,421,000
1975 9,078,031,000
1976 9,782,061,000
1977 10,118,710,000
1978 10,740,250,000
1979 11,423,540,000
1980 12,273,420,000
1981 13,603,510,000
1982 13,899,290,000
1983 14,159,320,000
1984 14,300,890,000
1985 14,740,760,000
1986 15,063,070,000
1987 15,621,280,000
1988 15,955,960,000
1989 16,135,970,000
1990 16,511,480,000
1991 17,003,790,000
1992 17,278,720,000
1993 17,704,980,000
1994 18,043,640,000
1995 18,735,530,000
1996 19,249,980,000
1997 20,079,050,000
1998 20,838,740,000
1999 19,099,860,000
2000 19,960,340,000
2001 20,437,670,000
2002 21,120,030,000
2003 21,744,760,000
2004 22,799,170,000
2005 24,116,840,000
2006 25,243,810,000
2007 26,162,460,000
2008 27,905,780,000
2009 28,702,730,000
2010 30,005,260,000
2011 32,043,440,000
2012 33,940,170,000
2013 35,776,180,000
2014 37,204,550,000
2015 37,692,830,000
2016 37,391,970,000
2017 38,126,500,000
2018 39,161,470,000
2019 39,193,060,000
2020 36,307,890,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Ecuador was 52.63 as of 2020. Its highest value over the past 60 years was 54.18 in 2003, while its lowest value was 39.89 in 1963.

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 40.97
1961 41.13
1962 40.08
1963 39.89
1964 40.12
1965 41.08
1966 42.44
1967 42.12
1968 40.70
1969 43.74
1970 41.65
1971 41.46
1972 42.03
1973 44.56
1974 45.73
1975 48.58
1976 49.34
1977 49.27
1978 50.17
1979 51.13
1980 53.35
1981 53.01
1982 51.82
1983 52.55
1984 48.37
1985 47.76
1986 47.26
1987 46.92
1988 44.42
1989 44.39
1990 45.12
1991 44.69
1992 44.60
1993 44.29
1994 46.03
1995 47.81
1996 49.46
1997 50.19
1998 52.09
1999 49.52
2000 45.27
2001 50.38
2002 51.87
2003 54.18
2004 54.06
2005 53.43
2006 51.78
2007 51.29
2008 49.53
2009 52.06
2010 51.15
2011 49.31
2012 48.98
2013 49.25
2014 49.35
2015 51.37
2016 51.55
2017 51.23
2018 51.44
2019 51.80
2020 52.63

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts