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

Services, etc., value added (% of GDP) in Egypt was 55.18 as of 2016. Its highest value over the past 51 years was 55.18 in 2016, while its lowest value was 42.15 in 1972.

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 44.50
1966 45.10
1967 44.76
1968 43.46
1969 42.41
1970 42.40
1971 42.65
1972 42.15
1973 44.73
1974 44.44
1975 44.07
1976 45.52
1977 45.73
1978 46.03
1979 43.25
1980 44.96
1981 42.18
1982 47.99
1983 50.37
1984 50.67
1985 51.46
1986 52.40
1987 52.43
1988 52.20
1989 52.35
1990 51.96
1991 49.18
1992 50.12
1993 50.21
1994 50.37
1995 50.92
1996 51.12
1997 51.83
1998 52.02
1999 51.77
2000 50.13
2001 50.11
2002 48.72
2003 47.99
2004 47.95
2005 48.79
2006 47.50
2007 49.17
2008 48.86
2009 48.82
2010 48.48
2011 47.85
2012 50.61
2013 50.55
2014 50.53
2015 52.54
2016 55.18

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