North America - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in North America was 115,887 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between 115,887 in 2019 and 90,369 in 1997.

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
1997 90,369
1998 92,397
1999 94,494
2000 96,124
2001 97,223
2002 98,610
2003 100,231
2004 101,957
2005 104,013
2006 104,996
2007 105,363
2008 105,162
2009 105,667
2010 108,122
2011 109,233
2012 109,449
2013 109,926
2014 110,857
2015 112,190
2016 112,496
2017 113,172
2018 114,939
2019 115,887

Services, value added (current US$)

The latest value for Services, value added (current US$) in North America was $17,784,100,000,000 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between $17,784,100,000,000 in 2019 and $6,574,040,000,000 in 1997.

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
1997 $6,574,040,000,000
1998 $6,969,690,000,000
1999 $7,429,330,000,000
2000 $7,925,670,000,000
2001 $8,297,950,000,000
2002 $8,672,670,000,000
2003 $9,116,880,000,000
2004 $9,702,890,000,000
2005 $10,381,800,000,000
2006 $11,014,500,000,000
2007 $11,612,600,000,000
2008 $11,944,800,000,000
2009 $11,970,200,000,000
2010 $12,493,900,000,000
2011 $12,958,800,000,000
2012 $13,531,000,000,000
2013 $13,927,800,000,000
2014 $14,465,500,000,000
2015 $15,052,500,000,000
2016 $15,576,600,000,000
2017 $16,209,200,000,000
2018 $17,007,700,000,000
2019 $17,784,100,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in North America was 16,516,500,000,000 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between 16,516,500,000,000 in 2019 and 9,793,290,000,000 in 1997.

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
1997 9,793,290,000,000
1998 10,228,400,000,000
1999 10,684,400,000,000
2000 11,094,500,000,000
2001 11,339,800,000,000
2002 11,604,000,000,000
2003 11,897,900,000,000
2004 12,269,300,000,000
2005 12,757,500,000,000
2006 13,097,100,000,000
2007 13,331,900,000,000
2008 13,421,000,000,000
2009 13,265,300,000,000
2010 13,577,500,000,000
2011 13,816,700,000,000
2012 14,118,100,000,000
2013 14,284,600,000,000
2014 14,641,200,000,000
2015 15,052,500,000,000
2016 15,355,800,000,000
2017 15,719,600,000,000
2018 16,154,000,000,000
2019 16,516,500,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in North America was 2.24 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 4.46 in 1999 and a minimum value of -1.16 in 2009.

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
1998 4.44
1999 4.46
2000 3.84
2001 2.21
2002 2.33
2003 2.53
2004 3.12
2005 3.98
2006 2.66
2007 1.79
2008 0.67
2009 -1.16
2010 2.35
2011 1.76
2012 2.18
2013 1.18
2014 2.50
2015 2.81
2016 2.01
2017 2.37
2018 2.76
2019 2.24

Services, value added (% of GDP)

Services, value added (% of GDP) in North America was 76.71 as of 2019. Its highest value over the past 22 years was 76.81 in 2016, while its lowest value was 71.18 in 1997.

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
1997 71.18
1998 71.85
1999 72.04
2000 72.05
2001 73.27
2002 74.12
2003 73.77
2004 73.26
2005 73.04
2006 72.75
2007 72.91
2008 73.40
2009 75.62
2010 75.19
2011 74.72
2012 75.04
2013 74.73
2014 74.80
2015 76.02
2016 76.81
2017 76.46
2018 76.12
2019 76.71

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts