Myanmar - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Myanmar was 3,750 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 3,750 in 2019 and 2,076 in 2010.

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
2010 2,076
2011 2,204
2012 2,433
2013 2,650
2014 2,862
2015 3,041
2016 3,250
2017 3,485
2018 3,567
2019 3,750

Services, value added (current US$)

The latest value for Services, value added (current US$) in Myanmar was $33,352,270,000 as of 2020. Over the past 11 years, the value for this indicator has fluctuated between $33,352,270,000 in 2020 and $10,963,390,000 in 2009.

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
2009 $10,963,390,000
2010 $13,981,580,000
2011 $19,714,220,000
2012 $21,371,110,000
2013 $22,777,220,000
2014 $23,964,620,000
2015 $24,114,250,000
2016 $23,726,670,000
2017 $24,342,080,000
2018 $27,028,740,000
2019 $27,949,810,000
2020 $33,352,270,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Myanmar was 47,653,100,000,000 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 47,653,100,000,000 in 2020 and a minimum value of 11,748,200,000,000 in 2009.

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
2009 11,748,200,000,000
2010 13,626,200,000,000
2011 15,679,400,000,000
2012 17,876,900,000,000
2013 20,544,800,000,000
2014 23,347,900,000,000
2015 26,387,300,000,000
2016 29,206,200,000,000
2017 32,760,100,000,000
2018 37,351,700,000,000
2019 42,824,600,000,000
2020 47,653,100,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Myanmar was 34,537,660,000 as of 2020. Over the past 9 years, the value for this indicator has fluctuated between 34,537,660,000 in 2020 and 17,192,470,000 in 2011.

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
2011 17,192,470,000
2012 17,925,690,000
2013 19,782,000,000
2014 21,983,180,000
2015 24,114,250,000
2016 26,257,350,000
2017 28,385,550,000
2018 30,844,530,000
2019 33,398,260,000
2020 34,537,660,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Myanmar was 3.41 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 11.13 in 2014 and a minimum value of 3.41 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
2012 4.26
2013 10.36
2014 11.13
2015 9.69
2016 8.89
2017 8.11
2018 8.66
2019 8.28
2020 3.41

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Myanmar was 38,416,400,000,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 38,416,400,000,000 in 2020 and a minimum value of 19,123,300,000,000 in 2011.

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
2011 19,123,300,000,000
2012 19,938,900,000,000
2013 22,003,600,000,000
2014 24,452,000,000,000
2015 26,822,400,000,000
2016 29,206,200,000,000
2017 31,573,400,000,000
2018 34,308,500,000,000
2019 37,149,100,000,000
2020 38,416,400,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Myanmar was 41.77 as of 2020. Its highest value over the past 11 years was 41.77 in 2020, while its lowest value was 36.43 in 2011.

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
2009 37.22
2010 36.99
2011 36.43
2012 36.65
2013 37.60
2014 37.88
2015 38.25
2016 39.35
2017 39.61
2018 40.25
2019 40.69
2020 41.77

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts