North Macedonia - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in North Macedonia was 14,058 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 19,604 in 1991 and 13,994 in 2011.

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 19,604
1992 19,034
1993 18,749
1994 18,749
1995 16,390
1996 16,417
1997 16,678
1998 16,504
1999 16,480
2000 16,589
2001 15,275
2002 15,081
2003 15,050
2004 15,389
2005 15,328
2006 15,270
2007 15,623
2008 15,596
2009 14,416
2010 14,909
2011 13,994
2012 14,058
2013 14,348
2014 14,535
2015 14,763
2016 14,701
2017 14,782
2018 14,901
2019 14,058

Services, value added (current US$)

The latest value for Services, value added (current US$) in North Macedonia was $6,989,027,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $6,989,027,000 in 2020 and $907,250,200 in 1992.

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
1990 $1,858,339,000
1991 $1,993,485,000
1992 $907,250,200
1993 $1,208,725,000
1994 $1,598,021,000
1995 $2,147,405,000
1996 $2,137,908,000
1997 $1,683,433,000
1998 $1,634,867,000
1999 $1,717,453,000
2000 $1,991,885,000
2001 $2,016,973,000
2002 $2,125,788,000
2003 $2,590,943,000
2004 $3,079,727,000
2005 $3,490,221,000
2006 $3,861,907,000
2007 $4,724,502,000
2008 $5,460,820,000
2009 $5,367,387,000
2010 $5,182,832,000
2011 $5,782,011,000
2012 $5,487,708,000
2013 $5,932,950,000
2014 $6,115,929,000
2015 $5,407,683,000
2016 $5,715,060,000
2017 $6,166,778,000
2018 $6,889,656,000
2019 $6,932,855,000
2020 $6,989,027,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in North Macedonia was 378,416,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 380,941,000,000 in 2019 and a minimum value of 210,364,000 in 1990.

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
1990 210,364,000
1991 390,723,000
1992 4,618,811,000
1993 28,042,430,000
1994 69,135,510,000
1995 81,347,560,000
1996 85,475,910,000
1997 84,177,530,000
1998 89,037,630,000
1999 97,726,190,000
2000 131,273,000,000
2001 137,229,000,000
2002 136,794,000,000
2003 140,746,000,000
2004 152,169,000,000
2005 172,011,000,000
2006 188,468,000,000
2007 211,326,000,000
2008 228,632,000,000
2009 236,705,000,000
2010 240,926,000,000
2011 255,743,000,000
2012 262,808,000,000
2013 275,261,000,000
2014 284,006,000,000
2015 300,327,000,000
2016 318,510,000,000
2017 337,110,000,000
2018 359,000,000,000
2019 380,941,000,000
2020 378,416,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in North Macedonia was 6,008,768,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 6,303,202,000 in 2019 and 3,225,648,000 in 1995.

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
1990 3,866,432,000
1991 3,751,651,000
1992 3,658,965,000
1993 3,638,699,000
1994 3,658,233,000
1995 3,225,648,000
1996 3,284,138,000
1997 3,388,039,000
1998 3,496,043,000
1999 3,680,707,000
2000 3,830,736,000
2001 3,764,079,000
2002 3,763,803,000
2003 3,651,875,000
2004 3,829,681,000
2005 3,942,825,000
2006 4,120,906,000
2007 4,650,475,000
2008 4,831,742,000
2009 4,664,503,000
2010 4,891,959,000
2011 4,663,838,000
2012 4,842,883,000
2013 4,970,077,000
2014 5,157,511,000
2015 5,407,683,000
2016 5,661,063,000
2017 5,839,855,000
2018 5,995,244,000
2019 6,303,202,000
2020 6,008,768,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in North Macedonia was -4.67 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 12.85 in 2007 and a minimum value of -11.82 in 1995.

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
1991 -2.97
1992 -2.47
1993 -0.55
1994 0.54
1995 -11.82
1996 1.81
1997 3.16
1998 3.19
1999 5.28
2000 4.08
2001 -1.74
2002 -0.01
2003 -2.97
2004 4.87
2005 2.95
2006 4.52
2007 12.85
2008 3.90
2009 -3.46
2010 4.88
2011 -4.66
2012 3.84
2013 2.63
2014 3.77
2015 4.85
2016 4.69
2017 3.16
2018 2.66
2019 5.14
2020 -4.67

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in North Macedonia was 262,139,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 274,984,000,000 in 2019 and a minimum value of 140,722,000,000 in 1995.

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
1990 168,677,000,000
1991 163,670,000,000
1992 159,626,000,000
1993 158,742,000,000
1994 159,594,000,000
1995 140,722,000,000
1996 143,274,000,000
1997 147,807,000,000
1998 152,519,000,000
1999 160,575,000,000
2000 167,120,000,000
2001 164,212,000,000
2002 164,200,000,000
2003 159,317,000,000
2004 167,074,000,000
2005 172,010,000,000
2006 179,779,000,000
2007 202,882,000,000
2008 210,790,000,000
2009 203,494,000,000
2010 213,417,000,000
2011 203,465,000,000
2012 211,276,000,000
2013 216,825,000,000
2014 225,002,000,000
2015 235,916,000,000
2016 246,970,000,000
2017 254,770,000,000
2018 261,549,000,000
2019 274,984,000,000
2020 262,139,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in North Macedonia was 56.99 as of 2020. Its highest value over the past 30 years was 57.09 in 2009, while its lowest value was 37.23 in 1992.

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
1990 39.54
1991 40.36
1992 37.23
1993 45.06
1994 44.89
1995 45.62
1996 46.06
1997 43.02
1998 43.41
1999 44.45
2000 52.80
2001 54.37
2002 52.90
2003 52.38
2004 54.19
2005 55.77
2006 56.29
2007 56.67
2008 55.11
2009 57.09
2010 55.09
2011 55.09
2012 56.31
2013 54.84
2014 53.83
2015 53.73
2016 53.55
2017 54.54
2018 54.32
2019 55.00
2020 56.99

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts