Greece - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Greece was 48,694 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 56,457 in 2008 and 45,196 in 1995.

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
1995 45,196
1996 45,937
1997 47,346
1998 47,994
1999 46,972
2000 47,993
2001 48,479
2002 48,819
2003 50,428
2004 51,505
2005 51,837
2006 52,510
2007 55,020
2008 56,457
2009 54,262
2010 53,400
2011 50,789
2012 51,704
2013 53,667
2014 53,700
2015 52,244
2016 50,637
2017 50,402
2018 49,834
2019 48,694

Services, value added (current US$)

The latest value for Services, value added (current US$) in Greece was $129,461,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $248,750,000,000 in 2008 and $84,994,320,000 in 2000.

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
1995 $87,602,490,000
1996 $94,921,920,000
1997 $94,477,280,000
1998 $95,875,980,000
1999 $92,331,920,000
2000 $84,994,320,000
2001 $87,887,060,000
2002 $100,109,000,000
2003 $129,927,000,000
2004 $158,077,000,000
2005 $167,716,000,000
2006 $178,958,000,000
2007 $214,230,000,000
2008 $248,750,000,000
2009 $236,211,000,000
2010 $208,979,000,000
2011 $198,521,000,000
2012 $169,308,000,000
2013 $167,730,000,000
2014 $166,215,000,000
2015 $136,966,000,000
2016 $133,609,000,000
2017 $139,217,000,000
2018 $147,162,000,000
2019 $142,635,000,000
2020 $129,461,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Greece was 113,344,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 169,353,000,000 in 2009 and a minimum value of 59,560,930,000 in 1995.

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
1995 59,560,930,000
1996 67,052,850,000
1997 75,704,640,000
1998 83,153,240,000
1999 86,633,480,000
2000 92,023,780,000
2001 98,128,810,000
2002 105,871,000,000
2003 114,862,000,000
2004 127,081,000,000
2005 134,810,000,000
2006 142,528,000,000
2007 156,318,000,000
2008 169,130,000,000
2009 169,353,000,000
2010 157,634,000,000
2011 142,620,000,000
2012 131,779,000,000
2013 126,292,000,000
2014 125,115,000,000
2015 123,447,000,000
2016 120,705,000,000
2017 123,236,000,000
2018 124,612,000,000
2019 127,412,000,000
2020 113,344,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Greece was 124,678,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 174,059,000,000 in 2008 and 105,016,000,000 in 1995.

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
1995 105,016,000,000
1996 109,230,000,000
1997 114,982,000,000
1998 120,625,000,000
1999 120,062,000,000
2000 125,224,000,000
2001 128,393,000,000
2002 133,380,000,000
2003 141,078,000,000
2004 151,651,000,000
2005 153,787,000,000
2006 159,919,000,000
2007 167,891,000,000
2008 174,059,000,000
2009 166,275,000,000
2010 159,973,000,000
2011 145,506,000,000
2012 136,127,000,000
2013 135,149,000,000
2014 136,429,000,000
2015 136,966,000,000
2016 135,476,000,000
2017 138,188,000,000
2018 139,515,000,000
2019 140,966,000,000
2020 124,678,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Greece was -11.55 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 7.49 in 2004 and a minimum value of -11.55 in 2020.

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
1996 4.01
1997 5.27
1998 4.91
1999 -0.47
2000 4.30
2001 2.53
2002 3.88
2003 5.77
2004 7.49
2005 1.41
2006 3.99
2007 4.99
2008 3.67
2009 -4.47
2010 -3.79
2011 -9.04
2012 -6.45
2013 -0.72
2014 0.95
2015 0.39
2016 -1.09
2017 2.00
2018 0.96
2019 1.04
2020 -11.55

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Greece was 112,372,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 156,879,000,000 in 2008 and a minimum value of 94,650,210,000 in 1995.

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
1995 94,650,210,000
1996 98,448,500,000
1997 103,633,000,000
1998 108,719,000,000
1999 108,212,000,000
2000 112,864,000,000
2001 115,720,000,000
2002 120,215,000,000
2003 127,153,000,000
2004 136,683,000,000
2005 138,608,000,000
2006 144,134,000,000
2007 151,319,000,000
2008 156,879,000,000
2009 149,863,000,000
2010 144,183,000,000
2011 131,144,000,000
2012 122,691,000,000
2013 121,810,000,000
2014 122,963,000,000
2015 123,447,000,000
2016 122,104,000,000
2017 124,549,000,000
2018 125,744,000,000
2019 127,052,000,000
2020 112,372,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Greece was 68.56 as of 2020. Its highest value over the past 25 years was 71.30 in 2009, while its lowest value was 64.00 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 or 4.

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

See also:

Year Value
1995 64.00
1996 65.08
1997 66.00
1998 66.38
1999 64.75
2000 65.15
2001 64.48
2002 64.77
2003 64.20
2004 65.60
2005 67.66
2006 65.42
2007 67.18
2008 69.89
2009 71.30
2010 70.33
2011 70.15
2012 69.95
2013 70.21
2014 70.59
2015 69.99
2016 69.17
2017 69.66
2018 69.40
2019 69.53
2020 68.56

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts