Grenada - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Grenada was 25,028,400 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 42,282,400 in 2019 and a minimum value of 1,261,886 in 1977.

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
1977 1,261,886
1978 1,513,664
1979 1,810,402
1980 2,119,130
1981 2,433,852
1982 2,799,529
1983 3,216,161
1984 3,698,735
1985 4,256,243
1986 4,882,690
1987 6,039,669
1988 7,070,759
1989 8,308,667
1990 8,488,508
1991 8,257,700
1992 8,236,700
1993 8,122,800
1994 9,840,300
1995 10,514,700
1996 11,554,800
1997 12,879,600
1998 15,754,100
1999 16,662,300
2000 21,197,300
2001 21,612,500
2002 20,812,800
2003 19,862,900
2004 19,484,700
2005 20,279,300
2006 22,382,200
2007 25,961,300
2008 28,545,700
2009 27,504,900
2010 26,102,300
2011 23,810,900
2012 28,309,900
2013 21,963,900
2014 21,551,500
2015 23,776,000
2016 27,770,000
2017 34,380,100
2018 37,880,400
2019 42,282,400
2020 25,028,400

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Grenada was 29,196,300 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 31,120,000 in 2019 and a minimum value of 2,392,783 in 1977.

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
1977 2,392,783
1978 2,869,947
1979 3,374,974
1980 3,890,450
1981 4,311,886
1982 4,897,021
1983 5,729,445
1984 6,467,829
1985 7,443,054
1986 8,540,182
1987 9,403,952
1988 9,936,843
1989 10,107,510
1990 9,863,701
1991 10,407,000
1992 10,894,700
1993 11,061,800
1994 11,748,000
1995 12,552,500
1996 13,179,500
1997 13,837,700
1998 16,592,800
1999 18,504,900
2000 20,385,700
2001 21,520,800
2002 21,951,600
2003 18,806,700
2004 20,932,200
2005 20,216,300
2006 22,382,200
2007 25,563,900
2008 26,484,900
2009 25,259,200
2010 27,018,300
2011 25,693,500
2012 24,165,100
2013 22,682,000
2014 22,771,600
2015 25,034,500
2016 26,020,000
2017 26,299,900
2018 30,032,000
2019 31,120,000
2020 29,196,300

Services, value added (current US$)

The latest value for Services, value added (current US$) in Grenada was $696,251,600 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $810,867,500 in 2019 and $42,947,640 in 1977.

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
1977 $42,947,640
1978 $53,907,640
1979 $60,180,550
1980 $69,357,630
1981 $69,916,550
1982 $75,504,810
1983 $80,199,600
1984 $90,733,540
1985 $105,121,100
1986 $118,191,400
1987 $128,621,000
1988 $140,788,100
1989 $164,425,500
1990 $175,431,500
1991 $185,201,500
1992 $197,063,100
1993 $202,190,500
1994 $212,599,500
1995 $223,253,200
1996 $239,598,000
1997 $252,723,000
1998 $288,838,100
1999 $309,311,600
2000 $336,498,100
2001 $347,335,500
2002 $353,918,500
2003 $381,929,500
2004 $397,799,100
2005 $428,186,400
2006 $446,038,100
2007 $493,045,200
2008 $550,787,500
2009 $536,831,200
2010 $527,111,500
2011 $538,399,800
2012 $563,646,000
2013 $587,641,100
2014 $622,332,700
2015 $665,630,100
2016 $710,581,500
2017 $754,461,800
2018 $770,204,500
2019 $810,867,500
2020 $696,251,600

Services, value added (current LCU)

The value for Services, value added (current LCU) in Grenada was 1,879,879,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 2,189,342,000 in 2019 and a minimum value of 115,958,600 in 1977.

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
1977 115,958,600
1978 145,550,600
1979 162,487,500
1980 187,265,600
1981 188,774,700
1982 203,863,000
1983 216,538,900
1984 244,980,600
1985 283,826,900
1986 319,116,900
1987 347,276,700
1988 380,128,000
1989 443,948,800
1990 473,665,000
1991 500,044,100
1992 532,070,400
1993 545,914,400
1994 574,018,700
1995 602,783,500
1996 646,914,700
1997 682,352,100
1998 779,862,900
1999 835,141,200
2000 908,545,000
2001 937,805,800
2002 955,580,000
2003 1,031,210,000
2004 1,074,057,000
2005 1,156,103,000
2006 1,204,303,000
2007 1,331,222,000
2008 1,487,126,000
2009 1,449,444,000
2010 1,423,201,000
2011 1,453,679,000
2012 1,521,844,000
2013 1,586,631,000
2014 1,680,298,000
2015 1,797,201,000
2016 1,918,570,000
2017 2,037,047,000
2018 2,079,552,000
2019 2,189,342,000
2020 1,879,879,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Grenada was 643,754,200 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between 741,872,600 in 2019 and 173,856,500 in 1977.

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
1977 173,856,500
1978 189,464,700
1979 196,166,300
1980 199,702,400
1981 197,631,900
1982 208,485,100
1983 220,573,300
1984 229,431,100
1985 244,083,700
1986 269,569,300
1987 285,713,200
1988 288,704,400
1989 298,264,900
1990 315,827,600
1991 321,979,100
1992 323,694,800
1993 323,092,300
1994 331,108,200
1995 335,361,000
1996 347,623,700
1997 360,879,500
1998 407,434,500
1999 435,288,100
2000 456,808,800
2001 463,231,100
2002 479,658,100
2003 513,395,100
2004 520,124,000
2005 547,946,600
2006 552,617,900
2007 603,377,200
2008 621,073,800
2009 601,121,900
2010 591,036,600
2011 599,543,100
2012 603,242,700
2013 611,048,500
2014 645,774,300
2015 665,630,100
2016 683,018,000
2017 709,299,100
2018 727,203,100
2019 741,872,600
2020 643,754,200

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Grenada was -13.23 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 12.90 in 1998 and a minimum value of -13.23 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
1978 8.98
1979 3.54
1980 1.80
1981 -1.04
1982 5.49
1983 5.80
1984 4.02
1985 6.39
1986 10.44
1987 5.99
1988 1.05
1989 3.31
1990 5.89
1991 1.95
1992 0.53
1993 -0.19
1994 2.48
1995 1.28
1996 3.66
1997 3.81
1998 12.90
1999 6.84
2000 4.94
2001 1.41
2002 3.55
2003 7.03
2004 1.31
2005 5.35
2006 0.85
2007 9.19
2008 2.93
2009 -3.21
2010 -1.68
2011 1.44
2012 0.62
2013 1.29
2014 5.68
2015 3.07
2016 2.61
2017 3.85
2018 2.52
2019 2.02
2020 -13.23

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Grenada was 1,402,914,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,616,740,000 in 2019 and a minimum value of 378,880,000 in 1977.

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
1977 378,880,000
1978 412,894,500
1979 427,499,100
1980 435,205,300
1981 430,693,000
1982 454,345,000
1983 480,688,500
1984 499,992,000
1985 531,924,000
1986 587,464,100
1987 622,645,900
1988 629,164,500
1989 649,999,400
1990 688,273,300
1991 701,679,100
1992 705,418,100
1993 704,105,000
1994 721,573,700
1995 730,841,800
1996 757,565,600
1997 786,453,400
1998 887,909,400
1999 948,609,900
2000 995,509,200
2001 1,009,505,000
2002 1,045,304,000
2003 1,118,826,000
2004 1,133,490,000
2005 1,194,123,000
2006 1,204,303,000
2007 1,314,921,000
2008 1,353,487,000
2009 1,310,006,000
2010 1,288,028,000
2011 1,306,566,000
2012 1,314,628,000
2013 1,331,639,000
2014 1,407,316,000
2015 1,450,587,000
2016 1,488,480,000
2017 1,545,753,000
2018 1,584,771,000
2019 1,616,740,000
2020 1,402,914,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Grenada was 66.81 as of 2020. Its highest value over the past 43 years was 70.47 in 2012, while its lowest value was 58.86 in 1979.

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
1977 60.07
1978 61.04
1979 58.86
1980 62.54
1981 60.45
1982 60.19
1983 60.85
1984 62.35
1985 62.67
1986 63.01
1987 59.82
1988 59.57
1989 61.51
1990 63.08
1991 61.58
1992 63.54
1993 65.26
1994 65.39
1995 65.25
1996 65.30
1997 64.44
1998 64.78
1999 64.17
2000 64.71
2001 66.74
2002 65.50
2003 64.62
2004 66.40
2005 61.56
2006 63.84
2007 64.99
2008 66.68
2009 69.60
2010 68.37
2011 69.14
2012 70.47
2013 69.74
2014 68.28
2015 66.76
2016 66.93
2017 67.02
2018 66.03
2019 66.86
2020 66.81

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts