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

Services, etc., value added (% of GDP) in Ethiopia was 41.46 as of 2016. Its highest value over the past 35 years was 46.00 in 2003, while its lowest value was 27.73 in 1992.

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
1981 32.65
1982 34.32
1983 33.57
1984 37.98
1985 34.97
1986 35.81
1987 36.41
1988 37.52
1989 37.87
1990 38.18
1991 31.03
1992 27.73
1993 29.87
1994 35.70
1995 35.12
1996 35.31
1997 29.24
1998 35.13
1999 38.34
2000 40.04
2001 41.50
2002 44.62
2003 46.00
2004 43.83
2005 42.50
2006 41.62
2007 42.07
2008 40.63
2009 41.10
2010 45.07
2011 44.86
2012 41.76
2013 43.19
2014 43.42
2015 43.03
2016 41.46

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