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

Services, etc., value added (% of GDP) in Netherlands was 78.18 as of 2016. Its highest value over the past 47 years was 78.18 in 2016, while its lowest value was 53.92 in 1969.

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
1969 53.92
1970 57.43
1971 58.20
1972 58.69
1973 59.58
1974 58.38
1975 61.18
1976 61.06
1977 62.72
1978 64.00
1979 64.04
1980 63.58
1981 62.73
1982 63.68
1983 64.44
1984 63.13
1985 62.97
1986 65.29
1987 66.87
1988 66.74
1989 66.51
1990 66.72
1991 67.30
1992 68.53
1993 69.43
1994 69.75
1995 69.63
1996 70.17
1997 71.05
1998 72.01
1999 72.96
2000 72.80
2001 72.70
2002 73.81
2003 74.21
2004 74.41
2005 74.04
2006 73.77
2007 74.00
2008 74.04
2009 75.54
2010 75.96
2011 75.94
2012 76.10
2013 76.67
2014 77.65
2015 77.92
2016 78.18

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