Guyana - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Guyana was 18,738,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 18,984,000,000 in 2016 and a minimum value of 5,686,991,000 in 2006.

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
2006 5,686,991,000
2007 7,195,000,000
2008 8,722,000,000
2009 10,151,000,000
2010 12,062,000,000
2011 14,019,000,000
2012 15,451,000,000
2013 16,863,000,000
2014 16,870,000,000
2015 18,305,000,000
2016 18,984,000,000
2017 18,235,000,000
2018 17,550,000,000
2019 18,847,000,000
2020 18,738,000,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Guyana was 21,698,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 21,911,000,000 in 2019 and a minimum value of 7,987,960,000 in 2006.

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
2006 7,987,960,000
2007 8,140,000,000
2008 8,726,000,000
2009 9,485,000,000
2010 11,135,000,000
2011 12,995,000,000
2012 15,451,000,000
2013 17,651,000,000
2014 18,386,000,000
2015 20,266,000,000
2016 21,545,000,000
2017 20,700,000,000
2018 20,370,000,000
2019 21,911,000,000
2020 21,698,000,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Guyana was 13,442 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 13,442 in 2019 and 6,145 in 1992.

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 6,170
1992 6,145
1993 6,316
1994 6,770
1995 7,154
1996 7,650
1997 8,114
1998 8,243
1999 7,971
2000 8,382
2001 8,448
2002 8,418
2003 8,502
2004 8,618
2005 9,242
2006 9,883
2007 10,536
2008 10,947
2009 11,459
2010 11,967
2011 12,219
2012 12,849
2013 12,771
2014 12,899
2015 12,609
2016 12,779
2017 12,910
2018 13,109
2019 13,442

Services, value added (current US$)

The latest value for Services, value added (current US$) in Guyana was $2,129,415,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,313,357,000 in 2019 and $64,224,460 in 1963.

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 $65,507,790
1961 $71,341,070
1962 $70,291,080
1963 $64,224,460
1964 $70,757,740
1965 $78,294,120
1966 $85,117,650
1967 $92,058,820
1968 $83,500,000
1969 $87,300,000
1970 $95,300,000
1971 $103,050,000
1972 $109,619,000
1973 $132,523,800
1974 $144,500,000
1975 $158,000,000
1976 $174,960,000
1977 $177,840,000
1978 $195,240,000
1979 $206,040,000
1980 $218,400,000
1981 $227,857,100
1982 $198,666,700
1983 $212,000,000
1984 $188,157,900
1985 $184,651,200
1986 $197,441,800
1987 $122,346,900
1988 $159,800,000
1989 $102,205,900
1990 $129,544,300
1991 $89,051,880
1992 $97,601,920
1993 $106,920,100
1994 $120,303,700
1995 $136,007,000
1996 $159,971,500
1997 $194,205,100
1998 $208,012,300
1999 $208,918,100
2000 $236,262,700
2001 $244,270,800
2002 $250,719,500
2003 $263,025,800
2004 $274,652,300
2005 $312,818,500
2006 $958,262,900
2007 $1,108,385,000
2008 $1,195,630,000
2009 $1,297,279,000
2010 $1,426,876,000
2011 $1,579,904,000
2012 $1,747,196,000
2013 $1,790,445,000
2014 $1,848,503,000
2015 $1,887,622,000
2016 $1,985,923,000
2017 $2,104,533,000
2018 $2,200,122,000
2019 $2,313,357,000
2020 $2,129,415,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Guyana was 443,983,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 482,335,000,000 in 2019 and a minimum value of 110,100,000 in 1963.

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 112,300,000
1961 122,300,000
1962 120,500,000
1963 110,100,000
1964 121,300,000
1965 133,100,000
1966 144,700,000
1967 156,500,000
1968 167,000,000
1969 174,600,000
1970 190,600,000
1971 206,100,000
1972 230,200,000
1973 278,300,000
1974 317,900,000
1975 379,200,000
1976 437,400,000
1977 444,600,000
1978 488,100,000
1979 515,100,000
1980 546,000,000
1981 638,000,000
1982 596,000,000
1983 636,000,000
1984 715,000,000
1985 794,000,000
1986 848,999,900
1987 1,199,000,000
1988 1,598,000,000
1989 2,780,000,000
1990 5,117,000,000
1991 9,956,000,000
1992 12,210,000,000
1993 13,921,000,000
1994 16,638,000,000
1995 19,313,000,000
1996 22,460,000,000
1997 27,655,000,000
1998 31,309,800,000
1999 37,187,000,000
2000 43,101,400,000
2001 45,757,000,000
2002 47,803,430,000
2003 50,995,000,000
2004 54,465,600,000
2005 62,524,600,000
2006 191,833,000,000
2007 224,278,000,000
2008 243,470,000,000
2009 264,580,000,000
2010 290,563,000,000
2011 322,328,000,000
2012 357,054,000,000
2013 367,747,000,000
2014 381,622,000,000
2015 389,794,000,000
2016 410,093,000,000
2017 434,586,000,000
2018 457,002,000,000
2019 482,335,000,000
2020 443,983,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Guyana was 1,930,556,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 2,131,847,000 in 2019 and 510,599,600 in 1963.

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 577,177,300
1961 602,486,800
1962 577,017,500
1963 510,599,600
1964 563,671,100
1965 630,166,300
1966 674,654,300
1967 697,453,200
1968 692,452,200
1969 715,698,200
1970 758,158,700
1971 801,294,300
1972 814,428,900
1973 925,566,600
1974 770,148,200
1975 800,453,000
1976 980,031,300
1977 981,140,000
1978 937,363,700
1979 928,588,700
1980 880,679,900
1981 986,258,600
1982 883,330,800
1983 865,422,100
1984 815,646,500
1985 790,994,200
1986 753,192,300
1987 670,208,700
1988 722,416,800
1989 713,406,200
1990 725,159,200
1991 723,983,900
1992 733,386,200
1993 758,459,300
1994 816,048,900
1995 864,627,900
1996 928,094,000
1997 989,209,500
1998 1,008,406,000
1999 983,724,800
2000 1,036,222,000
2001 1,047,583,000
2002 1,044,057,000
2003 1,065,996,000
2004 1,090,285,000
2005 1,175,298,000
2006 1,270,498,000
2007 1,377,765,000
2008 1,457,758,000
2009 1,543,712,000
2010 1,633,452,000
2011 1,696,733,000
2012 1,812,655,000
2013 1,842,861,000
2014 1,895,049,000
2015 1,887,622,000
2016 1,934,627,000
2017 1,988,770,000
2018 2,046,843,000
2019 2,131,847,000
2020 1,930,556,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Guyana was -9.44 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 22.43 in 1976 and a minimum value of -16.79 in 1974.

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 4.39
1962 -4.23
1963 -11.51
1964 10.39
1965 11.80
1966 7.06
1967 3.38
1968 -0.72
1969 3.36
1970 5.93
1971 5.69
1972 1.64
1973 13.65
1974 -16.79
1975 3.93
1976 22.43
1977 0.11
1978 -4.46
1979 -0.94
1980 -5.16
1981 11.99
1982 -10.44
1983 -2.03
1984 -5.75
1985 -3.02
1986 -4.78
1987 -11.02
1988 7.79
1989 -1.25
1990 1.65
1991 -0.16
1992 1.30
1993 3.42
1994 7.59
1995 5.95
1996 7.34
1997 6.59
1998 1.94
1999 -2.45
2000 5.34
2001 1.10
2002 -0.34
2003 2.10
2004 2.28
2005 7.80
2006 8.10
2007 8.44
2008 5.81
2009 5.90
2010 5.81
2011 3.87
2012 6.83
2013 1.67
2014 2.83
2015 -0.39
2016 2.49
2017 2.80
2018 2.92
2019 4.15
2020 -9.44

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Guyana was 380,278,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 419,928,000,000 in 2019 and a minimum value of 100,577,000,000 in 1963.

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 113,692,000,000
1961 118,677,000,000
1962 113,660,000,000
1963 100,577,000,000
1964 111,031,000,000
1965 124,129,000,000
1966 132,892,000,000
1967 137,383,000,000
1968 136,398,000,000
1969 140,977,000,000
1970 149,341,000,000
1971 157,838,000,000
1972 160,425,000,000
1973 182,317,000,000
1974 151,703,000,000
1975 157,672,000,000
1976 193,045,000,000
1977 193,263,000,000
1978 184,640,000,000
1979 182,912,000,000
1980 173,475,000,000
1981 194,272,000,000
1982 173,997,000,000
1983 170,470,000,000
1984 160,665,000,000
1985 155,809,000,000
1986 148,363,000,000
1987 132,017,000,000
1988 142,301,000,000
1989 140,526,000,000
1990 142,841,000,000
1991 142,609,000,000
1992 144,461,000,000
1993 149,400,000,000
1994 160,744,000,000
1995 170,313,000,000
1996 182,815,000,000
1997 194,853,000,000
1998 198,634,000,000
1999 193,773,000,000
2000 204,113,000,000
2001 206,351,000,000
2002 205,657,000,000
2003 209,978,000,000
2004 214,763,000,000
2005 231,509,000,000
2006 250,261,000,000
2007 271,390,000,000
2008 287,147,000,000
2009 304,078,000,000
2010 321,755,000,000
2011 334,220,000,000
2012 357,054,000,000
2013 363,004,000,000
2014 373,284,000,000
2015 371,821,000,000
2016 381,080,000,000
2017 391,745,000,000
2018 403,184,000,000
2019 419,928,000,000
2020 380,278,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Guyana was 38.92 as of 2020. Its highest value over the past 60 years was 45.95 in 2018, while its lowest value was 21.88 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
1960 38.49
1961 38.39
1962 36.06
1963 36.54
1964 36.33
1965 36.72
1966 37.22
1967 36.80
1968 36.34
1969 35.02
1970 35.59
1971 36.54
1972 38.41
1973 43.16
1974 33.30
1975 31.93
1976 38.50
1977 39.53
1978 38.50
1979 38.84
1980 36.21
1981 39.95
1982 41.22
1983 43.32
1984 42.99
1985 40.72
1986 39.12
1987 34.50
1988 38.62
1989 26.91
1990 32.67
1991 25.55
1992 26.13
1993 23.55
1994 22.24
1995 21.88
1996 22.68
1997 25.92
1998 28.99
1999 30.07
2000 33.15
2001 34.30
2002 34.53
2003 35.40
2004 34.86
2005 37.92
2006 40.27
2007 40.59
2008 39.52
2009 40.98
2010 41.56
2011 42.80
2012 43.00
2013 42.96
2014 44.78
2015 44.10
2016 44.30
2017 44.32
2018 45.95
2019 44.71
2020 38.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts