Lesotho - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Lesotho was 273,611,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 300,702,800 in 2016 and a minimum value of 150,182,500 in 2007.

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
2007 150,182,500
2008 210,961,400
2009 178,863,300
2010 159,807,500
2011 155,080,300
2012 172,446,100
2013 208,226,800
2014 209,281,400
2015 257,251,700
2016 300,702,800
2017 299,332,600
2018 287,522,000
2019 273,611,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Lesotho was 208,250,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 227,164,200 in 2016 and a minimum value of 111,460,800 in 2007.

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
2007 111,460,800
2008 142,222,500
2009 132,908,400
2010 149,907,900
2011 167,951,200
2012 172,446,100
2013 196,320,700
2014 206,181,300
2015 225,344,200
2016 227,164,200
2017 215,031,800
2018 225,141,700
2019 208,250,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Lesotho was 3,746 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 4,550 in 1998 and 3,746 in 2019.

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 4,448
1992 4,400
1993 4,346
1994 4,335
1995 4,419
1996 4,289
1997 4,417
1998 4,550
1999 4,396
2000 4,067
2001 4,071
2002 4,030
2003 4,077
2004 4,089
2005 4,039
2006 4,013
2007 4,054
2008 3,985
2009 3,894
2010 3,944
2011 3,999
2012 4,092
2013 4,220
2014 4,351
2015 4,378
2016 4,259
2017 4,043
2018 3,841
2019 3,746

Services, value added (current US$)

The latest value for Services, value added (current US$) in Lesotho was $982,444,200 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,338,517,000 in 2011 and $1,958,981 in 1961.

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 $2,265,715
1961 $1,958,981
1962 $2,005,740
1963 $3,436,651
1964 $3,670,307
1965 $5,986,701
1966 $18,979,140
1967 $21,903,820
1968 $23,475,290
1969 $25,497,830
1970 $25,385,130
1971 $41,179,670
1972 $30,491,610
1973 $31,879,680
1974 $51,938,920
1975 $57,303,580
1976 $57,471,370
1977 $64,271,040
1978 $75,669,620
1979 $83,737,650
1980 $192,226,000
1981 $191,455,800
1982 $224,475,800
1983 $250,478,600
1984 $215,467,300
1985 $173,755,700
1986 $194,530,200
1987 $244,621,200
1988 $275,821,500
1989 $288,145,900
1990 $333,532,300
1991 $393,392,000
1992 $441,668,800
1993 $446,719,800
1994 $473,860,800
1995 $533,027,200
1996 $516,842,300
1997 $563,118,300
1998 $511,216,700
1999 $486,581,800
2000 $455,349,400
2001 $398,577,200
2002 $380,955,800
2003 $570,072,800
2004 $735,988,900
2005 $822,295,900
2006 $854,209,200
2007 $820,441,300
2008 $851,554,400
2009 $938,109,700
2010 $1,203,266,000
2011 $1,338,517,000
2012 $1,309,518,000
2013 $1,299,180,000
2014 $1,295,425,000
2015 $1,216,035,000
2016 $1,127,697,000
2017 $1,257,296,000
2018 $1,298,584,000
2019 $1,230,150,000
2020 $982,444,200

Services, value added (current LCU)

The value for Services, value added (current LCU) in Lesotho was 16,184,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 17,773,690,000 in 2019 and a minimum value of 1,399,300 in 1961.

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 1,618,400
1961 1,399,300
1962 1,432,700
1963 2,454,800
1964 2,621,700
1965 4,276,300
1966 13,556,800
1967 15,645,900
1968 16,768,400
1969 18,213,100
1970 18,132,600
1971 29,451,700
1972 23,438,900
1973 22,124,500
1974 35,292,500
1975 42,376,000
1976 49,977,100
1977 55,890,100
1978 65,802,300
1979 70,507,100
1980 149,705,600
1981 168,002,500
1982 243,735,800
1983 279,058,200
1984 317,878,900
1985 387,249,300
1986 444,501,500
1987 498,048,800
1988 627,080,100
1989 755,720,100
1990 862,948,200
1991 1,086,273,000
1992 1,259,639,000
1993 1,459,746,000
1994 1,682,585,000
1995 1,933,343,000
1996 2,222,060,000
1997 2,594,849,000
1998 2,826,160,000
1999 2,972,771,000
2000 3,160,034,000
2001 3,431,391,000
2002 4,015,540,000
2003 4,312,429,000
2004 4,754,193,000
2005 5,229,226,000
2006 5,784,278,000
2007 5,780,337,000
2008 7,034,861,000
2009 7,949,260,000
2010 8,807,668,000
2011 9,717,497,000
2012 10,753,760,000
2013 12,536,050,000
2014 14,058,860,000
2015 15,515,280,000
2016 16,585,610,000
2017 16,747,180,000
2018 17,185,330,000
2019 17,773,690,000
2020 16,184,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Lesotho was 1,055,869,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 1,224,252,000 in 2016 and 183,320,000 in 1970.

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
1970 183,320,000
1971 183,320,000
1972 202,091,000
1973 191,339,700
1974 253,732,700
1975 235,851,900
1976 224,160,100
1977 269,469,700
1978 282,047,100
1979 346,122,900
1980 329,613,200
1981 354,232,000
1982 364,829,100
1983 365,065,900
1984 383,257,900
1985 406,392,400
1986 413,684,400
1987 431,614,600
1988 446,737,500
1989 470,723,600
1990 493,686,500
1991 520,392,200
1992 534,797,200
1993 546,806,800
1994 567,355,300
1995 600,899,800
1996 604,466,900
1997 643,723,100
1998 693,894,400
1999 698,398,600
2000 672,667,500
2001 697,993,900
2002 709,476,800
2003 742,850,800
2004 767,329,900
2005 785,598,100
2006 808,210,800
2007 849,124,500
2008 869,173,200
2009 872,465,000
2010 911,893,700
2011 960,730,100
2012 1,024,780,000
2013 1,097,609,000
2014 1,170,280,000
2015 1,216,035,000
2016 1,224,252,000
2017 1,196,780,000
2018 1,171,063,000
2019 1,178,394,000
2020 1,055,869,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Lesotho was -10.40 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 32.61 in 1974 and a minimum value of -10.40 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
1971 0.00
1972 10.24
1973 -5.32
1974 32.61
1975 -7.05
1976 -4.96
1977 20.21
1978 4.67
1979 22.72
1980 -4.77
1981 7.47
1982 2.99
1983 0.06
1984 4.98
1985 6.04
1986 1.79
1987 4.33
1988 3.50
1989 5.37
1990 4.88
1991 5.41
1992 2.77
1993 2.25
1994 3.76
1995 5.91
1996 0.59
1997 6.49
1998 7.79
1999 0.65
2000 -3.68
2001 3.77
2002 1.65
2003 4.70
2004 3.30
2005 2.38
2006 2.88
2007 5.06
2008 2.36
2009 0.38
2010 4.52
2011 5.36
2012 6.67
2013 7.11
2014 6.62
2015 3.91
2016 0.68
2017 -2.24
2018 -2.15
2019 0.63
2020 -10.40

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Lesotho was 11,080,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 12,846,960,000 in 2016 and a minimum value of 1,923,709,000 in 1970.

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
1970 1,923,709,000
1971 1,923,709,000
1972 2,120,687,000
1973 2,007,866,000
1974 2,662,601,000
1975 2,474,965,000
1976 2,352,274,000
1977 2,827,741,000
1978 2,959,725,000
1979 3,632,118,000
1980 3,458,870,000
1981 3,717,212,000
1982 3,828,416,000
1983 3,830,901,000
1984 4,021,803,000
1985 4,264,570,000
1986 4,341,089,000
1987 4,529,244,000
1988 4,687,941,000
1989 4,939,644,000
1990 5,180,609,000
1991 5,460,852,000
1992 5,612,014,000
1993 5,738,040,000
1994 5,953,670,000
1995 6,305,676,000
1996 6,343,109,000
1997 6,755,053,000
1998 7,281,536,000
1999 7,328,802,000
2000 7,058,787,000
2001 7,324,555,000
2002 7,445,053,000
2003 7,795,271,000
2004 8,052,148,000
2005 8,243,849,000
2006 8,481,141,000
2007 8,910,478,000
2008 9,120,864,000
2009 9,155,407,000
2010 9,569,160,000
2011 10,081,640,000
2012 10,753,760,000
2013 11,518,000,000
2014 12,280,590,000
2015 12,760,740,000
2016 12,846,960,000
2017 12,558,680,000
2018 12,288,810,000
2019 12,365,750,000
2020 11,080,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Lesotho was 52.39 as of 2020. Its highest value over the past 60 years was 64.77 in 1983, while its lowest value was 4.79 in 1962.

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 6.55
1961 5.49
1962 4.79
1963 7.31
1964 7.07
1965 10.91
1966 33.47
1967 36.96
1968 38.21
1969 38.65
1970 36.93
1971 53.84
1972 37.68
1973 26.31
1974 34.43
1975 38.31
1976 38.92
1977 33.25
1978 28.39
1979 28.86
1980 44.54
1981 44.10
1982 64.37
1983 64.77
1984 64.67
1985 64.68
1986 61.01
1987 60.73
1988 58.64
1989 58.16
1990 55.92
1991 55.85
1992 53.15
1993 53.46
1994 53.96
1995 53.20
1996 54.63
1997 56.42
1998 55.06
1999 53.31
2000 51.32
2001 48.27
2002 49.11
2003 49.24
2004 48.70
2005 48.88
2006 47.45
2007 48.78
2008 48.20
2009 53.89
2010 53.84
2011 51.89
2012 52.85
2013 54.88
2014 53.07
2015 51.53
2016 53.34
2017 54.50
2018 51.65
2019 51.99
2020 52.39

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts