Saudi Arabia - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Saudi Arabia was 26,281,660,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 26,281,660,000 in 2020 and a minimum value of 66,474,430 in 1970.

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
1970 66,474,430
1971 70,544,300
1972 70,544,300
1973 78,684,020
1974 253,688,100
1975 602,339,700
1976 1,040,528,000
1977 1,777,174,000
1978 2,805,492,000
1979 4,059,010,000
1980 4,879,766,000
1981 5,372,219,000
1982 5,920,294,000
1983 6,140,067,000
1984 6,335,420,000
1985 6,241,800,000
1986 7,280,003,000
1987 8,006,561,000
1988 8,211,455,000
1989 8,467,326,000
1990 8,575,493,000
1991 9,100,198,000
1992 9,004,847,000
1993 9,614,238,000
1994 10,216,360,000
1995 10,528,630,000
1996 10,460,490,000
1997 10,860,140,000
1998 11,522,680,000
1999 12,340,400,000
2000 13,333,880,000
2001 13,991,090,000
2002 14,714,450,000
2003 15,244,170,000
2004 15,949,980,000
2005 16,739,500,000
2006 17,574,800,000
2007 18,279,900,000
2008 18,825,470,000
2009 19,299,380,000
2010 19,595,120,000
2011 20,076,750,000
2012 20,671,830,000
2013 21,215,490,000
2014 21,642,370,000
2015 22,071,840,000
2016 22,481,610,000
2017 22,826,060,000
2018 23,219,150,000
2019 24,365,530,000
2020 26,281,660,000

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Saudi Arabia was 23,444,410,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 23,444,410,000 in 2020 and a minimum value of 1,252,455,000 in 1972.

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
1970 1,309,233,000
1971 1,302,553,000
1972 1,252,455,000
1973 1,313,151,000
1974 3,715,041,000
1975 3,211,643,000
1976 2,899,208,000
1977 3,807,659,000
1978 5,101,068,000
1979 6,632,149,000
1980 7,227,402,000
1981 8,410,982,000
1982 8,757,317,000
1983 8,905,746,000
1984 9,078,913,000
1985 8,921,650,000
1986 10,394,380,000
1987 11,412,940,000
1988 11,565,950,000
1989 11,837,560,000
1990 11,748,030,000
1991 11,357,030,000
1992 11,919,470,000
1993 12,410,660,000
1994 12,971,460,000
1995 12,987,770,000
1996 12,740,520,000
1997 12,982,240,000
1998 13,984,710,000
1999 15,015,660,000
2000 15,081,660,000
2001 15,747,370,000
2002 16,623,660,000
2003 16,780,340,000
2004 17,593,700,000
2005 18,165,420,000
2006 18,676,600,000
2007 19,012,320,000
2008 19,416,370,000
2009 19,548,150,000
2010 19,595,120,000
2011 19,809,480,000
2012 19,972,410,000
2013 20,169,050,000
2014 20,346,780,000
2015 20,531,030,000
2016 20,708,980,000
2017 20,962,590,000
2018 21,232,300,000
2019 21,966,030,000
2020 23,444,410,000

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

The latest value for Services, value added per worker (constant 2010 US$) in Saudi Arabia was 38,002 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 38,962 in 2013 and 30,242 in 2003.

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 34,695
1992 35,699
1993 34,939
1994 33,990
1995 32,582
1996 32,139
1997 32,715
1998 32,413
1999 32,130
2000 30,985
2001 31,455
2002 30,788
2003 30,242
2004 31,228
2005 31,829
2006 32,813
2007 34,225
2008 34,884
2009 36,237
2010 37,580
2011 38,332
2012 38,254
2013 38,962
2014 38,921
2015 38,364
2016 37,823
2017 37,361
2018 37,369
2019 38,002

Services, value added (current US$)

The latest value for Services, value added (current US$) in Saudi Arabia was $393,714,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $399,981,000,000 in 2019 and $1,962,805,000 in 1970.

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
1970 $1,962,805,000
1971 $2,181,796,000
1972 $2,794,903,000
1973 $4,085,006,000
1974 $7,229,861,000
1975 $12,758,230,000
1976 $18,379,290,000
1977 $23,679,650,000
1978 $30,986,900,000
1979 $38,481,600,000
1980 $45,985,300,000
1981 $52,848,030,000
1982 $59,942,130,000
1983 $63,255,360,000
1984 $61,852,380,000
1985 $57,681,020,000
1986 $50,878,890,000
1987 $47,624,160,000
1988 $48,645,000,000
1989 $49,328,210,000
1990 $53,514,860,000
1991 $61,028,990,000
1992 $58,685,910,000
1993 $61,238,160,000
1994 $62,746,740,000
1995 $65,237,020,000
1996 $67,737,260,000
1997 $73,174,250,000
1998 $73,633,050,000
1999 $76,233,330,000
2000 $78,517,100,000
2001 $81,567,330,000
2002 $83,826,860,000
2003 $90,124,010,000
2004 $102,613,000,000
2005 $115,626,000,000
2006 $130,552,000,000
2007 $143,969,000,000
2008 $161,791,000,000
2009 $182,469,000,000
2010 $207,185,000,000
2011 $229,987,000,000
2012 $259,061,000,000
2013 $283,589,000,000
2014 $306,556,000,000
2015 $339,882,000,000
2016 $348,376,000,000
2017 $355,328,000,000
2018 $380,408,000,000
2019 $399,981,000,000
2020 $393,714,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Saudi Arabia was 1,476,430,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,499,930,000,000 in 2019 and a minimum value of 8,832,624,000 in 1970.

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
1970 8,832,624,000
1971 9,789,280,000
1972 11,584,310,000
1973 15,141,480,000
1974 25,666,010,000
1975 44,878,340,000
1976 64,878,880,000
1977 83,473,130,000
1978 105,343,000,000
1979 129,329,000,000
1980 152,979,000,000
1981 178,758,000,000
1982 205,494,000,000
1983 218,547,000,000
1984 217,968,000,000
1985 208,921,000,000
1986 188,405,000,000
1987 178,352,000,000
1988 182,176,000,000
1989 184,734,000,000
1990 200,413,000,000
1991 228,554,000,000
1992 219,779,000,000
1993 229,337,000,000
1994 234,987,000,000
1995 244,313,000,000
1996 253,676,000,000
1997 274,038,000,000
1998 276,124,000,000
1999 285,875,000,000
2000 294,439,000,000
2001 305,877,000,000
2002 314,351,000,000
2003 337,965,000,000
2004 384,798,000,000
2005 433,264,000,000
2006 488,918,000,000
2007 539,522,000,000
2008 606,716,000,000
2009 684,260,000,000
2010 776,945,000,000
2011 862,453,000,000
2012 971,479,000,000
2013 1,063,460,000,000
2014 1,149,590,000,000
2015 1,274,560,000,000
2016 1,306,410,000,000
2017 1,332,480,000,000
2018 1,426,530,000,000
2019 1,499,930,000,000
2020 1,476,430,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Saudi Arabia was 366,796,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 373,555,000,000 in 2019 and 28,314,540,000 in 1970.

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
1970 28,314,540,000
1971 30,807,600,000
1972 34,659,070,000
1973 40,765,400,000
1974 55,235,920,000
1975 66,960,760,000
1976 68,500,780,000
1977 73,378,120,000
1978 79,594,540,000
1979 83,961,660,000
1980 90,769,110,000
1981 99,704,450,000
1982 107,657,000,000
1983 111,742,000,000
1984 111,244,000,000
1985 111,554,000,000
1986 105,616,000,000
1987 104,270,000,000
1988 105,001,000,000
1989 106,651,000,000
1990 108,675,000,000
1991 110,462,000,000
1992 116,731,000,000
1993 118,342,000,000
1994 118,946,000,000
1995 117,990,000,000
1996 120,310,000,000
1997 127,106,000,000
1998 130,531,000,000
1999 134,737,000,000
2000 139,162,000,000
2001 143,845,000,000
2002 148,616,000,000
2003 153,361,000,000
2004 166,771,000,000
2005 179,227,000,000
2006 193,461,000,000
2007 208,858,000,000
2008 225,810,000,000
2009 241,283,000,000
2010 261,491,000,000
2011 280,265,000,000
2012 296,979,000,000
2013 316,397,000,000
2014 330,380,000,000
2015 339,882,000,000
2016 342,571,000,000
2017 348,978,000,000
2018 357,865,000,000
2019 373,555,000,000
2020 366,796,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Saudi Arabia was -1.81 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 35.50 in 1974 and a minimum value of -5.32 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 or 4.

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

See also:

Year Value
1971 8.80
1972 12.50
1973 17.62
1974 35.50
1975 21.23
1976 2.30
1977 7.12
1978 8.47
1979 5.49
1980 8.11
1981 9.84
1982 7.98
1983 3.79
1984 -0.45
1985 0.28
1986 -5.32
1987 -1.27
1988 0.70
1989 1.57
1990 1.90
1991 1.64
1992 5.68
1993 1.38
1994 0.51
1995 -0.80
1996 1.97
1997 5.65
1998 2.69
1999 3.22
2000 3.28
2001 3.36
2002 3.32
2003 3.19
2004 8.74
2005 7.47
2006 7.94
2007 7.96
2008 8.12
2009 6.85
2010 8.38
2011 7.18
2012 5.96
2013 6.54
2014 4.42
2015 2.88
2016 0.79
2017 1.87
2018 2.55
2019 4.38
2020 -1.81

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Saudi Arabia was 1,089,830,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,109,910,000,000 in 2019 and a minimum value of 84,128,400,000 in 1970.

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
1970 84,128,400,000
1971 91,535,820,000
1972 102,979,000,000
1973 121,123,000,000
1974 164,117,000,000
1975 198,954,000,000
1976 203,530,000,000
1977 218,022,000,000
1978 236,492,000,000
1979 249,468,000,000
1980 269,694,000,000
1981 296,243,000,000
1982 319,871,000,000
1983 332,009,000,000
1984 330,529,000,000
1985 331,449,000,000
1986 313,807,000,000
1987 309,807,000,000
1988 311,979,000,000
1989 316,882,000,000
1990 322,895,000,000
1991 328,205,000,000
1992 346,832,000,000
1993 351,620,000,000
1994 353,413,000,000
1995 350,574,000,000
1996 357,465,000,000
1997 377,658,000,000
1998 387,834,000,000
1999 400,332,000,000
2000 413,480,000,000
2001 427,392,000,000
2002 441,570,000,000
2003 455,669,000,000
2004 495,512,000,000
2005 532,522,000,000
2006 574,812,000,000
2007 620,562,000,000
2008 670,929,000,000
2009 716,902,000,000
2010 776,945,000,000
2011 832,725,000,000
2012 882,388,000,000
2013 940,082,000,000
2014 981,627,000,000
2015 1,009,860,000,000
2016 1,017,850,000,000
2017 1,036,880,000,000
2018 1,063,290,000,000
2019 1,109,910,000,000
2020 1,089,830,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Saudi Arabia was 56.24 as of 2020. Its highest value over the past 50 years was 58.51 in 1986, while its lowest value was 15.92 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
1970 36.50
1971 30.37
1972 28.92
1973 27.33
1974 15.92
1975 27.28
1976 28.72
1977 31.92
1978 38.61
1979 34.40
1980 27.95
1981 28.68
1982 39.12
1983 48.97
1984 51.71
1985 55.52
1986 58.51
1987 55.57
1988 55.12
1989 51.74
1990 45.49
1991 46.16
1992 42.81
1993 46.05
1994 46.42
1995 45.51
1996 42.69
1997 44.09
1998 50.17
1999 47.14
2000 41.43
2001 44.30
2002 44.21
2003 41.76
2004 39.66
2005 35.20
2006 34.64
2007 34.61
2008 31.13
2009 42.52
2010 39.22
2011 34.26
2012 35.20
2013 37.98
2014 40.53
2015 51.95
2016 54.02
2017 51.60
2018 48.37
2019 50.44
2020 56.24

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts