South Africa - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in South Africa was 16,933 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 17,142 in 2011 and 14,600 in 1992.

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 15,080
1992 14,600
1993 15,688
1994 15,573
1995 15,658
1996 15,788
1997 15,679
1998 15,501
1999 15,616
2000 15,722
2001 15,886
2002 16,586
2003 16,473
2004 16,005
2005 16,271
2006 16,587
2007 16,685
2008 16,007
2009 16,326
2010 16,880
2011 17,142
2012 17,099
2013 17,045
2014 17,057
2015 17,021
2016 17,136
2017 16,892
2018 16,812
2019 16,933

Services, value added (current US$)

The latest value for Services, value added (current US$) in South Africa was $216,607,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $294,817,000,000 in 2011 and $3,666,599,000 in 1960.

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
1960 $3,666,599,000
1961 $3,844,399,000
1962 $4,127,198,000
1963 $4,580,798,000
1964 $5,066,598,000
1965 $5,497,798,000
1966 $6,021,398,000
1967 $6,810,997,000
1968 $7,561,397,000
1969 $8,433,596,000
1970 $9,437,396,000
1971 $10,605,170,000
1972 $10,955,800,000
1973 $14,663,690,000
1974 $17,778,380,000
1975 $18,473,100,000
1976 $17,906,650,000
1977 $19,993,900,000
1978 $22,313,450,000
1979 $26,228,510,000
1980 $35,740,620,000
1981 $38,557,220,000
1982 $36,493,300,000
1983 $41,498,070,000
1984 $37,333,320,000
1985 $28,038,180,000
1986 $31,989,050,000
1987 $43,309,700,000
1988 $45,962,830,000
1989 $48,558,390,000
1990 $58,315,920,000
1991 $64,928,110,000
1992 $74,456,170,000
1993 $84,357,770,000
1994 $87,984,340,000
1995 $100,004,000,000
1996 $96,660,640,000
1997 $101,322,000,000
1998 $92,404,970,000
1999 $93,040,960,000
2000 $92,851,790,000
2001 $82,318,380,000
2002 $78,474,990,000
2003 $123,289,000,000
2004 $159,955,000,000
2005 $180,961,000,000
2006 $192,950,000,000
2007 $209,020,000,000
2008 $194,539,000,000
2009 $209,842,000,000
2010 $268,262,000,000
2011 $294,817,000,000
2012 $279,339,000,000
2013 $256,782,000,000
2014 $244,012,000,000
2015 $222,250,000,000
2016 $206,815,000,000
2017 $245,388,000,000
2018 $259,866,000,000
2019 $249,691,000,000
2020 $216,607,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in South Africa was 3,565,160,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,607,640,000,000 in 2019 and a minimum value of 2,619,000,000 in 1960.

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
1960 2,619,000,000
1961 2,746,000,000
1962 2,948,000,000
1963 3,272,000,000
1964 3,619,000,000
1965 3,927,000,000
1966 4,301,000,000
1967 4,865,000,000
1968 5,401,000,000
1969 6,024,000,000
1970 6,741,000,000
1971 7,585,000,000
1972 8,422,000,000
1973 10,176,000,000
1974 12,080,000,000
1975 13,661,000,000
1976 15,571,000,000
1977 17,386,000,000
1978 19,403,000,000
1979 22,085,000,000
1980 27,836,000,000
1981 33,837,000,000
1982 39,625,000,000
1983 46,233,000,000
1984 55,077,000,000
1985 62,488,000,000
1986 73,096,000,000
1987 88,180,000,000
1988 104,495,000,000
1989 127,353,000,000
1990 150,882,000,000
1991 179,286,000,000
1992 212,349,000,000
1993 275,656,000,000
1994 312,415,000,000
1995 362,724,000,000
1996 415,573,000,000
1997 466,893,000,000
1998 510,842,000,000
1999 568,434,000,000
2000 644,373,000,000
2001 708,695,000,000
2002 827,181,000,000
2003 932,646,000,000
2004 1,033,260,000,000
2005 1,150,790,000,000
2006 1,306,560,000,000
2007 1,472,630,000,000
2008 1,607,120,000,000
2009 1,778,140,000,000
2010 1,964,000,000,000
2011 2,140,700,000,000
2012 2,293,350,000,000
2013 2,478,000,000,000
2014 2,646,170,000,000
2015 2,833,840,000,000
2016 3,041,990,000,000
2017 3,266,820,000,000
2018 3,439,050,000,000
2019 3,607,640,000,000
2020 3,565,160,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in South Africa was 224,369,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 234,536,000,000 in 2019 and 27,418,870,000 in 1960.

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
1960 27,418,870,000
1961 28,445,300,000
1962 30,087,910,000
1963 31,699,870,000
1964 33,669,170,000
1965 35,891,650,000
1966 37,253,480,000
1967 39,798,020,000
1968 43,093,190,000
1969 45,403,880,000
1970 48,083,770,000
1971 50,432,000,000
1972 52,262,440,000
1973 55,363,440,000
1974 58,979,650,000
1975 62,162,750,000
1976 64,003,140,000
1977 63,655,080,000
1978 64,922,480,000
1979 66,466,820,000
1980 70,881,260,000
1981 74,766,600,000
1982 75,997,590,000
1983 78,181,860,000
1984 82,704,520,000
1985 82,238,280,000
1986 82,785,030,000
1987 85,624,140,000
1988 88,385,680,000
1989 90,127,690,000
1990 90,888,380,000
1991 91,397,360,000
1992 91,536,790,000
1993 101,655,000,000
1994 105,073,000,000
1995 110,053,000,000
1996 114,675,000,000
1997 117,280,000,000
1998 120,759,000,000
1999 126,027,000,000
2000 131,787,000,000
2001 136,794,000,000
2002 142,369,000,000
2003 148,777,000,000
2004 155,392,000,000
2005 163,580,000,000
2006 173,902,000,000
2007 184,515,000,000
2008 191,938,000,000
2009 192,441,000,000
2010 195,799,000,000
2011 203,043,000,000
2012 208,871,000,000
2013 214,450,000,000
2014 218,824,000,000
2015 222,250,000,000
2016 225,792,000,000
2017 228,387,000,000
2018 232,369,000,000
2019 234,536,000,000
2020 224,369,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in South Africa was -4.34 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 11.05 in 1993 and a minimum value of -4.34 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
1961 3.74
1962 5.77
1963 5.36
1964 6.21
1965 6.60
1966 3.79
1967 6.83
1968 8.28
1969 5.36
1970 5.90
1971 4.88
1972 3.63
1973 5.93
1974 6.53
1975 5.40
1976 2.96
1977 -0.54
1978 1.99
1979 2.38
1980 6.64
1981 5.48
1982 1.65
1983 2.87
1984 5.78
1985 -0.56
1986 0.66
1987 3.43
1988 3.23
1989 1.97
1990 0.84
1991 0.56
1992 0.15
1993 11.05
1994 3.36
1995 4.74
1996 4.20
1997 2.27
1998 2.97
1999 4.36
2000 4.57
2001 3.80
2002 4.08
2003 4.50
2004 4.45
2005 5.27
2006 6.31
2007 6.10
2008 4.02
2009 0.26
2010 1.75
2011 3.70
2012 2.87
2013 2.67
2014 2.04
2015 1.57
2016 1.59
2017 1.15
2018 1.74
2019 0.93
2020 -4.34

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in South Africa was 2,860,860,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,990,500,000,000 in 2019 and a minimum value of 349,610,000,000 in 1960.

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
1960 349,610,000,000
1961 362,697,000,000
1962 383,642,000,000
1963 404,196,000,000
1964 429,305,000,000
1965 457,644,000,000
1966 475,008,000,000
1967 507,453,000,000
1968 549,468,000,000
1969 578,931,000,000
1970 613,102,000,000
1971 643,043,000,000
1972 666,383,000,000
1973 705,923,000,000
1974 752,032,000,000
1975 792,619,000,000
1976 816,085,000,000
1977 811,647,000,000
1978 827,807,000,000
1979 847,499,000,000
1980 903,786,000,000
1981 953,327,000,000
1982 969,023,000,000
1983 996,873,000,000
1984 1,054,540,000,000
1985 1,048,600,000,000
1986 1,055,570,000,000
1987 1,091,770,000,000
1988 1,126,980,000,000
1989 1,149,190,000,000
1990 1,158,890,000,000
1991 1,165,380,000,000
1992 1,167,160,000,000
1993 1,296,180,000,000
1994 1,339,760,000,000
1995 1,403,250,000,000
1996 1,462,180,000,000
1997 1,495,400,000,000
1998 1,539,760,000,000
1999 1,606,940,000,000
2000 1,680,380,000,000
2001 1,744,220,000,000
2002 1,815,300,000,000
2003 1,897,010,000,000
2004 1,981,350,000,000
2005 2,085,770,000,000
2006 2,217,370,000,000
2007 2,352,700,000,000
2008 2,447,350,000,000
2009 2,453,750,000,000
2010 2,496,580,000,000
2011 2,588,940,000,000
2012 2,663,250,000,000
2013 2,734,380,000,000
2014 2,790,160,000,000
2015 2,833,840,000,000
2016 2,879,010,000,000
2017 2,912,090,000,000
2018 2,962,870,000,000
2019 2,990,500,000,000
2020 2,860,860,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in South Africa was 64.57 as of 2020. Its highest value over the past 60 years was 64.57 in 2020, while its lowest value was 43.07 in 1980.

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
1960 48.40
1961 48.22
1962 48.57
1963 48.61
1964 48.84
1965 48.51
1966 48.74
1967 49.44
1968 50.77
1969 50.26
1970 51.24
1971 52.16
1972 51.30
1973 50.05
1974 48.30
1975 48.47
1976 48.92
1977 49.18
1978 47.74
1979 45.50
1980 43.07
1981 45.12
1982 46.53
1983 47.47
1984 48.27
1985 47.46
1986 47.38
1987 48.90
1988 48.29
1989 49.03
1990 50.47
1991 52.39
1992 55.34
1993 57.31
1994 57.31
1995 58.23
1996 59.21
1997 59.96
1998 60.40
1999 61.41
2000 61.19
2001 60.78
2002 60.79
2003 62.58
2004 62.53
2005 62.64
2006 63.50
2007 62.75
2008 61.54
2009 63.64
2010 64.28
2011 64.34
2012 64.30
2013 64.05
2014 64.01
2015 64.10
2016 63.91
2017 64.33
2018 64.19
2019 64.36
2020 64.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts