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

Services, etc., value added (% of GDP) in Mali was 39.74 as of 2016. Its highest value over the past 49 years was 46.76 in 1983, while its lowest value was 21.07 in 1967.

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
1967 21.07
1968 23.44
1969 24.13
1970 22.30
1971 22.14
1972 25.68
1973 29.51
1974 34.99
1975 25.58
1976 27.86
1977 27.79
1978 30.86
1979 28.72
1980 43.80
1981 43.04
1982 45.36
1983 46.76
1984 45.30
1985 45.18
1986 46.06
1987 43.72
1988 42.58
1989 42.89
1990 43.31
1991 41.16
1992 43.92
1993 41.90
1994 43.22
1995 41.12
1996 41.22
1997 40.09
1998 41.01
1999 40.97
2000 40.64
2001 39.27
2002 38.95
2003 41.45
2004 40.98
2005 38.74
2006 38.34
2007 39.48
2008 40.19
2009 37.88
2010 38.87
2011 39.95
2012 37.11
2013 37.77
2014 37.20
2015 38.27
2016 39.74

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