Oman - Services

Financial intermediary services indirectly Measured (FISIM) (current LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Oman was 813,700,000 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 825,100,000 in 2019 and a minimum value of 136,411,100 in 1998.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1998 136,411,100
1999 153,279,100
2000 151,707,400
2001 163,080,200
2002 187,469,700
2003 186,974,500
2004 188,369,700
2005 213,587,300
2006 240,102,200
2007 293,643,900
2008 360,815,500
2009 425,134,000
2010 468,400,000
2011 533,500,000
2012 589,000,000
2013 591,100,000
2014 629,300,000
2015 693,200,000
2016 741,100,000
2017 768,600,000
2018 783,900,000
2019 825,100,000
2020 813,700,000

Financial intermediary services indirectly Measured (FISIM) (constant LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Oman was 716,000,000 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 971,800,000 in 2015 and a minimum value of 250,828,800 in 1998.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1998 250,828,800
1999 272,037,400
2000 264,216,000
2001 281,262,600
2002 294,580,800
2003 296,866,300
2004 299,081,500
2005 336,690,700
2006 357,945,300
2007 416,743,700
2008 504,431,900
2009 569,678,100
2010 631,600,000
2011 688,100,000
2012 751,400,000
2013 778,400,000
2014 874,400,000
2015 971,800,000
2016 956,900,000
2017 908,500,000
2018 783,900,000
2019 820,100,000
2020 716,000,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Oman was 21,484 as of 2019. Over the past 21 years, the value for this indicator has fluctuated between 30,633 in 2008 and 18,948 in 1998.

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
1998 18,948
1999 19,187
2000 19,611
2001 20,526
2002 21,091
2003 21,807
2004 23,500
2005 24,841
2006 26,852
2007 28,996
2008 30,633
2009 29,955
2010 30,409
2011 28,631
2012 28,859
2013 27,343
2014 25,747
2015 24,314
2016 23,583
2017 23,300
2018 22,669
2019 21,484

Services, value added (current US$)

The latest value for Services, value added (current US$) in Oman was $40,477,760,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $44,623,410,000 in 2019 and $46,205,540 in 1965.

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
1965 $46,205,540
1966 $48,165,780
1967 $48,329,190
1968 $46,796,260
1969 $51,595,870
1970 $55,195,580
1971 $69,778,630
1972 $101,354,900
1973 $134,302,800
1974 $275,333,200
1975 $463,520,000
1976 $749,276,800
1977 $894,036,200
1978 $1,010,424,000
1979 $1,284,598,000
1980 $1,759,410,000
1998 $7,355,825,000
1999 $7,349,353,000
2000 $7,800,358,000
2001 $8,252,075,000
2002 $8,778,576,000
2003 $9,446,521,000
2004 $10,656,120,000
2005 $11,533,640,000
2006 $13,623,220,000
2007 $16,422,600,000
2008 $20,035,650,000
2009 $19,890,170,000
2010 $25,957,870,000
2011 $28,685,310,000
2012 $32,757,090,000
2013 $35,732,900,000
2014 $39,224,190,000
2015 $39,446,290,000
2016 $40,068,140,000
2017 $42,063,460,000
2018 $43,471,520,000
2019 $44,623,410,000
2020 $40,477,760,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Oman was 15,563,700,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 17,157,700,000 in 2019 and a minimum value of 14,300,000 in 1961.

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
1961 14,300,000
1962 14,900,000
1963 15,500,000
1964 16,000,000
1965 16,500,000
1966 17,200,000
1967 17,500,000
1968 19,500,000
1969 21,500,000
1970 23,000,000
1971 29,000,000
1972 38,900,000
1973 47,100,000
1974 95,100,100
1975 160,099,800
1976 258,800,200
1977 308,800,100
1978 349,000,300
1979 443,700,100
1980 607,700,100
1998 2,828,315,000
1999 2,825,826,000
2000 2,999,238,000
2001 3,172,923,000
2002 3,375,363,000
2003 3,632,187,000
2004 4,097,279,000
2005 4,434,684,000
2006 5,238,127,000
2007 6,314,491,000
2008 7,703,708,000
2009 7,647,769,000
2010 9,980,800,000
2011 11,029,500,000
2012 12,595,100,000
2013 13,739,300,000
2014 15,081,700,000
2015 15,167,100,000
2016 15,406,200,000
2017 16,173,400,000
2018 16,714,800,000
2019 17,157,700,000
2020 15,563,700,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Oman was 40,507,400,000 as of 2020. Over the past 22 years, the value for this indicator has fluctuated between 42,556,530,000 in 2019 and 14,307,740,000 in 1998.

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
1998 14,307,740,000
1999 14,317,270,000
2000 14,487,320,000
2001 15,158,600,000
2002 15,785,720,000
2003 16,665,450,000
2004 18,259,150,000
2005 19,572,550,000
2006 21,696,500,000
2007 24,115,890,000
2008 26,370,800,000
2009 27,001,010,000
2010 28,111,370,000
2011 29,855,260,000
2012 33,570,900,000
2013 36,069,130,000
2014 37,902,340,000
2015 39,446,290,000
2016 40,729,920,000
2017 41,994,770,000
2018 42,410,640,000
2019 42,556,530,000
2020 40,507,400,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Oman was -4.82 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 12.45 in 2012 and a minimum value of -4.82 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
1999 0.07
2000 1.19
2001 4.63
2002 4.14
2003 5.57
2004 9.56
2005 7.19
2006 10.85
2007 11.15
2008 9.35
2009 2.39
2010 4.11
2011 6.20
2012 12.45
2013 7.44
2014 5.08
2015 4.07
2016 3.25
2017 3.11
2018 0.99
2019 0.34
2020 -4.82

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Oman was 15,964,700,000 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 16,772,300,000 in 2019 and a minimum value of 5,638,940,000 in 1998.

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
1998 5,638,940,000
1999 5,642,695,000
2000 5,709,714,000
2001 5,974,280,000
2002 6,221,438,000
2003 6,568,158,000
2004 7,196,263,000
2005 7,713,895,000
2006 8,550,984,000
2007 9,504,510,000
2008 10,393,210,000
2009 10,641,590,000
2010 11,079,200,000
2011 11,766,500,000
2012 13,230,900,000
2013 14,215,500,000
2014 14,938,000,000
2015 15,546,500,000
2016 16,052,400,000
2017 16,550,900,000
2018 16,714,800,000
2019 16,772,300,000
2020 15,964,700,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Oman was 54.72 as of 2020. Its highest value over the past 59 years was 87.73 in 1961, while its lowest value was 16.73 in 1974.

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
1961 87.73
1962 74.13
1963 72.43
1964 72.40
1965 73.01
1966 71.07
1967 45.10
1968 24.78
1969 21.50
1970 21.54
1971 23.18
1972 27.63
1973 27.80
1974 16.73
1975 22.11
1976 29.27
1977 32.62
1978 36.87
1979 34.41
1980 29.41
1998 52.55
1999 47.13
2000 39.99
2001 42.42
2002 43.58
2003 43.67
2004 43.03
2005 37.11
2006 36.61
2007 39.02
2008 32.90
2009 41.11
2010 39.94
2011 37.01
2012 37.48
2013 39.73
2014 42.31
2015 50.12
2016 53.33
2017 52.02
2018 47.51
2019 50.67
2020 54.72

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts