Saudi Arabia - Services

Services, etc., value added (current US$)

The latest value for Services, etc., value added (current US$) in Saudi Arabia was $349,277,000,000 as of 2016. Over the past 48 years, the value for this indicator has fluctuated between $349,277,000,000 in 2016 and $1,382,889,000 in 1968.

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. Data are in current U.S. dollars.

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

See also:

Year Value
1968 $1,382,889,000
1969 $1,523,778,000
1970 $2,011,556,000
1971 $2,249,264,000
1972 $2,884,096,000
1973 $4,194,140,000
1974 $7,282,817,000
1975 $12,733,110,000
1976 $18,341,640,000
1977 $23,575,790,000
1978 $30,699,200,000
1979 $37,916,570,000
1980 $45,280,610,000
1981 $52,039,320,000
1982 $59,162,530,000
1983 $62,542,400,000
1984 $61,181,890,000
1985 $57,037,270,000
1986 $49,789,360,000
1987 $46,408,280,000
1988 $48,651,530,000
1989 $48,867,020,000
1990 $53,094,260,000
1991 $60,468,360,000
1992 $58,711,350,000
1993 $61,148,200,000
1994 $62,232,040,000
1995 $64,428,310,000
1996 $67,314,020,000
1997 $72,704,140,000
1998 $73,230,400,000
1999 $75,511,730,000
2000 $77,534,670,000
2001 $79,738,400,000
2002 $81,872,800,000
2003 $88,215,730,000
2004 $100,713,000,000
2005 $113,858,000,000
2006 $128,803,000,000
2007 $142,240,000,000
2008 $160,755,000,000
2009 $180,761,000,000
2010 $205,872,000,000
2011 $229,243,000,000
2012 $259,280,000,000
2013 $283,578,000,000
2014 $307,057,000,000
2015 $340,928,000,000
2016 $349,277,000,000

Services, etc., value added (current LCU)

The value for Services, etc., value added (current LCU) in Saudi Arabia was 1,309,790,000,000 as of 2016. As the graph below shows, over the past 48 years this indicator reached a maximum value of 1,309,790,000,000 in 2016 and a minimum value of 6,223,000,000 in 1968.

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. Data are in current local currency.

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

Year Value
1968 6,223,000,000
1969 6,857,000,000
1970 9,052,000,000
1971 10,092,000,000
1972 11,954,000,000
1973 15,546,000,000
1974 25,854,000,000
1975 44,790,000,000
1976 64,746,000,000
1977 83,107,000,000
1978 104,365,000,000
1979 127,430,000,000
1980 150,635,000,000
1981 176,023,000,000
1982 202,821,000,000
1983 216,084,000,000
1984 215,605,000,000
1985 206,589,000,000
1986 184,370,000,000
1987 173,799,000,000
1988 182,200,000,000
1989 183,007,000,000
1990 198,838,000,000
1991 226,454,000,000
1992 219,874,000,000
1993 229,000,000,000
1994 233,059,000,000
1995 241,284,000,000
1996 252,091,000,000
1997 272,277,000,000
1998 274,614,000,000
1999 283,169,000,000
2000 290,755,000,000
2001 299,019,000,000
2002 307,023,000,000
2003 330,809,000,000
2004 377,673,000,000
2005 426,639,000,000
2006 482,368,000,000
2007 533,043,000,000
2008 602,830,000,000
2009 677,854,000,000
2010 772,019,000,000
2011 859,661,000,000
2012 972,301,000,000
2013 1,063,420,000,000
2014 1,151,460,000,000
2015 1,278,480,000,000
2016 1,309,790,000,000

Services, etc., value added (constant 2010 US$)

The latest value for Services, etc., value added (constant 2010 US$) in Saudi Arabia was 271,521,000,000 as of 2016. Over the past 48 years, the value for this indicator has fluctuated between 271,521,000,000 in 2016 and 11,102,790,000 in 1968.

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. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1968 11,102,790,000
1969 12,099,690,000
1970 23,199,460,000
1971 25,468,820,000
1972 28,675,230,000
1973 33,476,680,000
1974 44,137,100,000
1975 53,575,070,000
1976 54,880,550,000
1977 58,864,200,000
1978 63,305,830,000
1979 66,222,940,000
1980 71,451,010,000
1981 78,058,010,000
1982 84,318,300,000
1983 87,666,470,000
1984 87,333,440,000
1985 87,599,180,000
1986 82,256,200,000
1987 81,025,690,000
1988 83,604,770,000
1989 84,183,840,000
1990 85,897,510,000
1991 87,157,300,000
1992 92,984,160,000
1993 94,108,540,000
1994 93,994,420,000
1995 92,845,000,000
1996 95,223,520,000
1997 100,565,000,000
1998 103,400,000,000
1999 106,327,000,000
2000 109,150,000,000
2001 112,014,000,000
2002 115,596,000,000
2003 119,411,000,000
2004 129,985,000,000
2005 139,967,000,000
2006 151,315,000,000
2007 163,603,000,000
2008 177,638,000,000
2009 189,433,000,000
2010 205,872,000,000
2011 221,195,000,000
2012 235,190,000,000
2013 250,425,000,000
2014 261,666,000,000
2015 269,454,000,000
2016 271,521,000,000

Services, etc., value added (annual % growth)

The value for Services, etc., value added (annual % growth) in Saudi Arabia was 0.77 as of 2016. As the graph below shows, over the past 47 years this indicator reached a maximum value of 91.74 in 1970 and a minimum value of -6.10 in 1986.

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.

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

See also:

Year Value
1969 8.98
1970 91.74
1971 9.78
1972 12.59
1973 16.74
1974 31.84
1975 21.38
1976 2.44
1977 7.26
1978 7.55
1979 4.61
1980 7.89
1981 9.25
1982 8.02
1983 3.97
1984 -0.38
1985 0.30
1986 -6.10
1987 -1.50
1988 3.18
1989 0.69
1990 2.04
1991 1.47
1992 6.69
1993 1.21
1994 -0.12
1995 -1.22
1996 2.56
1997 5.61
1998 2.82
1999 2.83
2000 2.66
2001 2.62
2002 3.20
2003 3.30
2004 8.86
2005 7.68
2006 8.11
2007 8.12
2008 8.58
2009 6.64
2010 8.68
2011 7.44
2012 6.33
2013 6.48
2014 4.49
2015 2.98
2016 0.77

Services, etc., value added (constant LCU)

The value for Services, etc., value added (constant LCU) in Saudi Arabia was 1,018,200,000,000 as of 2016. As the graph below shows, over the past 48 years this indicator reached a maximum value of 1,018,200,000,000 in 2016 and a minimum value of 41,635,450,000 in 1968.

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. Data are in constant local currency.

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

Year Value
1968 41,635,450,000
1969 45,373,840,000
1970 86,997,970,000
1971 95,508,050,000
1972 107,532,000,000
1973 125,538,000,000
1974 165,514,000,000
1975 200,907,000,000
1976 205,802,000,000
1977 220,741,000,000
1978 237,397,000,000
1979 248,336,000,000
1980 267,941,000,000
1981 292,718,000,000
1982 316,194,000,000
1983 328,749,000,000
1984 327,500,000,000
1985 328,497,000,000
1986 308,461,000,000
1987 303,846,000,000
1988 313,518,000,000
1989 315,689,000,000
1990 322,116,000,000
1991 326,840,000,000
1992 348,691,000,000
1993 352,907,000,000
1994 352,479,000,000
1995 348,169,000,000
1996 357,088,000,000
1997 377,118,000,000
1998 387,750,000,000
1999 398,725,000,000
2000 409,313,000,000
2001 420,052,000,000
2002 433,484,000,000
2003 447,790,000,000
2004 487,443,000,000
2005 524,877,000,000
2006 567,432,000,000
2007 613,513,000,000
2008 666,144,000,000
2009 710,375,000,000
2010 772,019,000,000
2011 829,480,000,000
2012 881,964,000,000
2013 939,095,000,000
2014 981,248,000,000
2015 1,010,450,000,000
2016 1,018,200,000,000

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

Services, etc., value added (% of GDP) in Saudi Arabia was 54.03 as of 2016. Its highest value over the past 48 years was 57.25 in 1986, while its lowest value was 16.04 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. 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
1968 33.02
1969 33.97
1970 37.41
1971 31.31
1972 29.84
1973 28.06
1974 16.04
1975 27.22
1976 28.66
1977 31.78
1978 38.25
1979 33.90
1980 27.52
1981 28.24
1982 38.61
1983 48.42
1984 51.14
1985 54.90
1986 57.25
1987 54.15
1988 55.13
1989 51.25
1990 45.14
1991 45.73
1992 42.83
1993 45.99
1994 46.04
1995 44.95
1996 42.43
1997 43.81
1998 49.89
1999 46.69
2000 40.91
2001 43.30
2002 43.18
2003 40.88
2004 38.92
2005 34.66
2006 34.17
2007 34.20
2008 30.93
2009 42.13
2010 38.98
2011 34.15
2012 35.23
2013 37.98
2014 40.60
2015 52.31
2016 54.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts