Honduras - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Honduras was 30,224,900,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 31,035,800,000 in 2019 and a minimum value of 4,245,100,000 in 2000.

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
2000 4,245,100,000
2001 4,301,900,000
2002 4,801,100,000
2003 5,175,800,000
2004 5,892,100,000
2005 6,912,100,000
2006 8,812,100,000
2007 11,301,300,000
2008 13,292,400,000
2009 14,242,700,000
2010 15,020,500,000
2011 17,744,500,000
2012 19,594,700,000
2013 21,190,500,000
2014 23,549,200,000
2015 25,938,800,000
2016 27,647,900,000
2017 28,805,700,000
2018 29,411,700,000
2019 31,035,800,000
2020 30,224,900,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Honduras was 32,992,400,000 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 33,011,900,000 in 2019 and a minimum value of 1,649,003,000 in 1978.

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
1978 1,649,003,000
1979 1,743,602,000
1980 1,778,480,000
1981 1,844,706,000
1982 1,938,204,000
1983 1,967,171,000
1984 2,030,010,000
1985 2,095,621,000
1986 2,148,211,000
1987 2,265,469,000
1988 2,327,457,000
1989 2,534,325,000
1990 2,639,991,000
1991 2,649,886,000
1992 2,834,452,000
1993 2,949,482,000
1994 3,035,462,000
1995 3,175,959,000
1996 3,301,871,000
1997 3,572,899,000
1998 3,841,072,000
1999 4,067,656,000
2000 4,245,100,000
2001 4,701,300,000
2002 5,612,500,000
2003 6,357,200,000
2004 7,414,300,000
2005 9,080,001,000
2006 11,744,500,000
2007 15,334,800,000
2008 16,498,200,000
2009 16,925,000,000
2010 18,132,500,000
2011 20,262,700,000
2012 21,718,100,000
2013 22,668,700,000
2014 24,717,900,000
2015 27,339,600,000
2016 28,580,700,000
2017 29,704,900,000
2018 30,890,600,000
2019 33,011,900,000
2020 32,992,400,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Honduras was 6,732 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 7,784 in 2012 and 4,524 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 4,604
1992 4,524
1993 4,942
1994 4,868
1995 4,926
1996 4,834
1997 4,781
1998 4,792
1999 4,744
2000 5,267
2001 5,566
2002 5,933
2003 5,902
2004 6,053
2005 6,258
2006 6,892
2007 7,188
2008 7,370
2009 7,101
2010 7,026
2011 7,316
2012 7,784
2013 6,958
2014 6,602
2015 6,614
2016 6,549
2017 6,966
2018 6,632
2019 6,732

Services, value added (current US$)

The latest value for Services, value added (current US$) in Honduras was $13,804,980,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $14,367,460,000 in 2019 and $132,600,000 in 1960.

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 $132,600,000
1961 $138,750,000
1962 $147,650,000
1963 $160,450,000
1964 $177,300,000
1965 $189,000,000
1966 $209,350,000
1967 $222,950,000
1968 $239,450,000
1969 $256,750,000
1970 $296,500,100
1971 $303,500,100
1972 $338,000,100
1973 $373,500,100
1974 $423,000,000
1975 $484,000,100
1976 $580,999,900
1977 $677,500,000
1978 $1,132,797,000
1979 $1,383,583,000
1980 $1,651,276,000
1981 $1,827,177,000
1982 $1,984,710,000
1983 $2,182,172,000
1984 $2,389,795,000
1985 $2,629,186,000
1986 $2,831,220,000
1987 $3,032,291,000
1988 $2,853,955,000
1989 $2,546,993,000
1990 $2,178,199,000
1991 $2,158,792,000
1992 $2,253,055,000
1993 $2,343,585,000
1994 $2,131,454,000
1995 $2,465,725,000
1996 $2,387,726,000
1997 $2,716,889,000
1998 $3,045,741,000
1999 $3,251,831,000
2000 $3,604,459,000
2001 $4,011,339,000
2002 $4,263,986,000
2003 $4,531,148,000
2004 $4,914,658,000
2005 $5,454,725,000
2006 $6,174,608,000
2007 $7,161,816,000
2008 $8,224,006,000
2009 $8,845,890,000
2010 $9,537,743,000
2011 $10,237,390,000
2012 $10,786,090,000
2013 $11,202,180,000
2014 $11,801,340,000
2015 $12,257,250,000
2016 $12,590,680,000
2017 $13,061,410,000
2018 $13,704,270,000
2019 $14,367,460,000
2020 $13,804,980,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Honduras was 341,728,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 354,590,000,000 in 2019 and a minimum value of 265,200,000 in 1960.

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 265,200,000
1961 277,500,000
1962 295,300,000
1963 320,900,000
1964 354,600,000
1965 378,000,000
1966 418,700,000
1967 445,900,000
1968 478,900,000
1969 513,500,000
1970 593,000,100
1971 607,000,100
1972 676,000,100
1973 747,000,100
1974 846,000,000
1975 968,000,100
1976 1,162,000,000
1977 1,355,000,000
1978 2,265,595,000
1979 2,767,165,000
1980 3,302,552,000
1981 3,654,355,000
1982 3,969,420,000
1983 4,364,345,000
1984 4,779,589,000
1985 5,258,372,000
1986 5,662,440,000
1987 6,064,581,000
1988 6,649,715,000
1989 7,386,280,000
1990 8,956,752,000
1991 11,477,650,000
1992 12,387,070,000
1993 15,271,030,000
1994 17,922,970,000
1995 23,646,310,000
1996 28,270,670,000
1997 35,727,090,000
1998 41,239,330,000
1999 46,663,770,000
2000 54,116,000,000
2001 62,782,800,000
2002 70,835,600,000
2003 79,497,100,000
2004 90,485,500,000
2005 103,628,000,000
2006 117,486,000,000
2007 136,269,000,000
2008 156,505,000,000
2009 168,313,000,000
2010 181,473,000,000
2011 195,007,000,000
2012 211,817,000,000
2013 229,590,000,000
2014 249,418,000,000
2015 270,871,000,000
2016 289,521,000,000
2017 308,922,000,000
2018 329,863,000,000
2019 354,590,000,000
2020 341,728,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Honduras was 13,624,960,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 14,348,670,000 in 2019 and 878,564,800 in 1960.

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 878,564,800
1961 891,589,400
1962 927,850,900
1963 974,472,900
1964 1,024,203,000
1965 1,086,516,000
1966 1,146,311,000
1967 1,177,836,000
1968 1,237,779,000
1969 1,300,682,000
1970 1,391,262,000
1971 1,409,022,000
1972 1,539,268,000
1973 1,629,553,000
1974 1,657,674,000
1975 1,805,680,000
1976 2,002,529,000
1977 2,154,975,000
1978 2,243,918,000
1979 2,374,399,000
1980 2,498,211,000
1981 2,531,355,000
1982 2,494,016,000
1983 2,520,318,000
1984 2,599,695,000
1985 2,750,479,000
1986 2,852,485,000
1987 3,016,487,000
1988 3,167,077,000
1989 3,316,422,000
1990 3,263,027,000
1991 3,249,795,000
1992 3,441,929,000
1993 3,765,047,000
1994 3,691,303,000
1995 3,849,869,000
1996 3,960,491,000
1997 4,272,936,000
1998 4,563,872,000
1999 4,737,944,000
2000 5,214,839,000
2001 5,474,337,000
2002 5,778,906,000
2003 6,118,965,000
2004 6,637,712,000
2005 7,253,546,000
2006 7,957,543,000
2007 8,747,401,000
2008 9,383,520,000
2009 9,470,469,000
2010 9,939,434,000
2011 10,380,990,000
2012 10,838,190,000
2013 11,234,750,000
2014 11,697,750,000
2015 12,257,250,000
2016 12,731,630,000
2017 13,218,890,000
2018 13,733,630,000
2019 14,348,670,000
2020 13,624,960,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Honduras was -5.04 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 10.90 in 1976 and a minimum value of -5.04 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
1961 1.48
1962 4.07
1963 5.02
1964 5.10
1965 6.08
1966 5.50
1967 2.75
1968 5.09
1969 5.08
1970 6.96
1971 1.28
1972 9.24
1973 5.87
1974 1.73
1975 8.93
1976 10.90
1977 7.61
1978 4.13
1979 5.81
1980 5.21
1981 1.33
1982 -1.48
1983 1.05
1984 3.15
1985 5.80
1986 3.71
1987 5.75
1988 4.99
1989 4.72
1990 -1.61
1991 -0.41
1992 5.91
1993 9.39
1994 -1.96
1995 4.30
1996 2.87
1997 7.89
1998 6.81
1999 3.81
2000 10.07
2001 4.98
2002 5.56
2003 5.88
2004 8.48
2005 9.28
2006 9.71
2007 9.93
2008 7.27
2009 0.93
2010 4.95
2011 4.44
2012 4.40
2013 3.66
2014 4.12
2015 4.78
2016 3.87
2017 3.83
2018 3.89
2019 4.48
2020 -5.04

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Honduras was 141,390,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 148,901,000,000 in 2019 and a minimum value of 9,117,140,000 in 1960.

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 9,117,140,000
1961 9,252,300,000
1962 9,628,597,000
1963 10,112,410,000
1964 10,628,470,000
1965 11,275,120,000
1966 11,895,620,000
1967 12,222,770,000
1968 12,844,820,000
1969 13,497,580,000
1970 14,437,560,000
1971 14,621,860,000
1972 15,973,460,000
1973 16,910,370,000
1974 17,202,190,000
1975 18,738,100,000
1976 20,780,860,000
1977 22,362,850,000
1978 23,285,830,000
1979 24,639,880,000
1980 25,924,710,000
1981 26,268,660,000
1982 25,881,180,000
1983 26,154,120,000
1984 26,977,850,000
1985 28,542,570,000
1986 29,601,130,000
1987 31,303,020,000
1988 32,865,740,000
1989 34,415,540,000
1990 33,861,450,000
1991 33,724,130,000
1992 35,717,970,000
1993 39,071,060,000
1994 38,305,800,000
1995 39,951,290,000
1996 41,099,240,000
1997 44,341,580,000
1998 47,360,720,000
1999 49,167,120,000
2000 54,116,000,000
2001 56,808,900,000
2002 59,969,500,000
2003 63,498,400,000
2004 68,881,600,000
2005 75,272,300,000
2006 82,577,900,000
2007 90,774,500,000
2008 97,375,700,000
2009 98,278,000,000
2010 103,145,000,000
2011 107,727,000,000
2012 112,471,000,000
2013 116,587,000,000
2014 121,391,000,000
2015 127,197,000,000
2016 132,120,000,000
2017 137,177,000,000
2018 142,518,000,000
2019 148,901,000,000
2020 141,390,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Honduras was 58.34 as of 2020. Its highest value over the past 60 years was 61.06 in 2009, while its lowest value was 36.57 in 1978.

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 39.51
1961 38.95
1962 38.08
1963 39.12
1964 38.80
1965 37.16
1966 38.07
1967 37.28
1968 37.02
1969 38.44
1970 41.01
1971 41.52
1972 42.09
1973 40.93
1974 40.89
1975 43.06
1976 43.10
1977 40.58
1978 36.57
1979 39.04
1980 41.61
1981 45.18
1982 46.52
1983 48.75
1984 48.62
1985 49.81
1986 49.86
1987 48.98
1988 48.35
1989 46.89
1990 44.25
1991 46.44
1992 45.57
1993 47.57
1994 45.91
1995 46.11
1996 45.79
1997 47.36
1998 47.84
1999 50.69
2000 50.74
2001 53.02
2002 54.84
2003 55.66
2004 56.03
2005 56.40
2006 56.95
2007 58.34
2008 59.64
2009 61.06
2010 60.64
2011 58.21
2012 58.62
2013 60.97
2014 60.15
2015 58.83
2016 58.38
2017 56.85
2018 57.34
2019 57.66
2020 58.34

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts