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

Services, etc., value added (% of GDP) in Kenya was 45.36 as of 2016. Its highest value over the past 56 years was 54.97 in 2006, while its lowest value was 40.06 in 1977.

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
1960 43.56
1961 44.67
1962 42.73
1963 43.35
1964 43.48
1965 46.58
1966 44.36
1967 44.54
1968 46.13
1969 46.48
1970 46.87
1971 48.25
1972 44.39
1973 43.80
1974 43.93
1975 45.60
1976 43.49
1977 40.06
1978 43.00
1979 45.55
1980 46.56
1981 47.22
1982 46.70
1983 46.41
1984 47.12
1985 48.33
1986 48.38
1987 49.96
1988 50.50
1989 50.78
1990 51.44
1991 52.18
1992 52.88
1993 51.58
1994 49.43
1995 52.85
1996 50.93
1997 51.32
1998 51.27
1999 50.81
2000 50.72
2001 51.45
2002 53.46
2003 53.40
2004 53.73
2005 53.71
2006 54.97
2007 54.92
2008 54.21
2009 52.87
2010 51.38
2011 49.68
2012 50.19
2013 50.51
2014 50.33
2015 47.61
2016 45.36

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