South Asia - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in South Asia was 7,971 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 7,971 in 2019 and 3,051 in 1991.

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 3,051
1992 3,098
1993 3,168
1994 3,181
1995 3,311
1996 3,360
1997 3,502
1998 3,613
1999 3,840
2000 3,895
2001 3,953
2002 3,997
2003 4,092
2004 4,230
2005 4,412
2006 4,604
2007 4,860
2008 5,083
2009 5,348
2010 5,627
2011 5,763
2012 6,004
2013 6,256
2014 6,597
2015 6,949
2016 7,317
2017 7,465
2018 7,738
2019 7,971

Services, value added (current US$)

The latest value for Services, value added (current US$) in South Asia was $1,695,330,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,823,540,000,000 in 2019 and $18,553,740,000 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 $18,553,740,000
1961 $19,565,310,000
1962 $21,606,970,000
1963 $23,222,040,000
1964 $25,641,870,000
1965 $27,899,190,000
1966 $22,891,070,000
1967 $24,162,130,000
1968 $25,658,170,000
1969 $27,652,260,000
1970 $30,385,720,000
1971 $33,293,500,000
1972 $32,855,130,000
1973 $34,977,290,000
1974 $42,781,800,000
1975 $46,769,490,000
1976 $47,865,580,000
1977 $53,950,450,000
1978 $61,480,870,000
1979 $69,989,900,000
1980 $83,558,710,000
1981 $89,613,520,000
1982 $94,898,590,000
1983 $99,406,250,000
1984 $100,820,000,000
1985 $111,956,000,000
1986 $120,779,000,000
1987 $135,431,000,000
1988 $143,831,000,000
1989 $146,804,000,000
1990 $157,063,000,000
1991 $142,121,000,000
1992 $151,268,000,000
1993 $153,413,000,000
1994 $170,113,000,000
1995 $190,068,000,000
1996 $210,566,000,000
1997 $226,108,000,000
1998 $233,691,000,000
1999 $258,909,000,000
2000 $280,997,000,000
2001 $293,976,000,000
2002 $315,205,000,000
2003 $367,759,000,000
2004 $420,554,000,000
2005 $484,440,000,000
2006 $549,252,000,000
2007 $687,621,000,000
2008 $725,067,000,000
2009 $799,425,000,000
2010 $958,636,000,000
2011 $1,063,410,000,000
2012 $1,094,220,000,000
2013 $1,133,850,000,000
2014 $1,265,030,000,000
2015 $1,323,580,000,000
2016 $1,435,390,000,000
2017 $1,638,720,000,000
2018 $1,704,300,000,000
2019 $1,823,540,000,000
2020 $1,695,330,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in South Asia was 1,617,270,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,727,390,000,000 in 2019 and 59,184,100,000 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 59,184,100,000
1961 61,405,440,000
1962 63,699,340,000
1963 67,323,450,000
1964 70,571,150,000
1965 74,046,450,000
1966 77,422,310,000
1967 80,184,800,000
1968 82,791,580,000
1969 87,388,800,000
1970 90,646,790,000
1971 91,840,540,000
1972 93,486,000,000
1973 97,888,080,000
1974 101,842,000,000
1975 108,575,000,000
1976 112,646,000,000
1977 118,099,000,000
1978 125,823,000,000
1979 129,140,000,000
1980 135,447,000,000
1981 142,914,000,000
1982 152,692,000,000
1983 162,409,000,000
1984 173,018,000,000
1985 185,018,000,000
1986 197,674,000,000
1987 209,592,000,000
1988 223,087,000,000
1989 238,316,000,000
1990 250,270,000,000
1991 263,354,000,000
1992 278,729,000,000
1993 297,302,000,000
1994 311,670,000,000
1995 335,573,000,000
1996 355,989,000,000
1997 382,380,000,000
1998 407,593,000,000
1999 448,514,000,000
2000 471,219,000,000
2001 497,927,000,000
2002 526,157,000,000
2003 562,498,000,000
2004 605,581,000,000
2005 656,769,000,000
2006 704,175,000,000
2007 756,041,000,000
2008 803,463,000,000
2009 861,047,000,000
2010 922,223,000,000
2011 975,517,000,000
2012 1,051,580,000,000
2013 1,125,210,000,000
2014 1,221,660,000,000
2015 1,323,580,000,000
2016 1,426,090,000,000
2017 1,515,330,000,000
2018 1,620,590,000,000
2019 1,727,390,000,000
2020 1,617,270,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in South Asia was -6.38 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 10.04 in 1999 and a minimum value of -6.38 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 3.75
1962 3.74
1963 5.69
1964 4.82
1965 4.92
1966 4.56
1967 3.57
1968 3.25
1969 5.55
1970 3.73
1971 1.32
1972 1.79
1973 4.71
1974 4.04
1975 6.61
1976 3.75
1977 4.84
1978 6.54
1979 2.64
1980 4.88
1981 5.51
1982 6.84
1983 6.36
1984 6.53
1985 6.94
1986 6.84
1987 6.03
1988 6.44
1989 6.83
1990 5.02
1991 5.23
1992 5.84
1993 6.66
1994 4.83
1995 7.67
1996 6.08
1997 7.41
1998 6.59
1999 10.04
2000 5.06
2001 5.67
2002 5.67
2003 6.91
2004 7.66
2005 8.45
2006 7.22
2007 7.37
2008 6.27
2009 7.17
2010 7.10
2011 5.78
2012 7.80
2013 7.00
2014 8.57
2015 8.34
2016 7.75
2017 6.26
2018 6.95
2019 6.59
2020 -6.38

Services, value added (% of GDP)

Services, value added (% of GDP) in South Asia was 50.06 as of 2020. Its highest value over the past 60 years was 50.69 in 2019, while its lowest value was 33.37 in 1973.

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 39.33
1961 38.87
1962 40.22
1963 38.43
1964 37.07
1965 37.55
1966 36.64
1967 35.15
1968 35.62
1969 34.92
1970 35.44
1971 36.51
1972 35.84
1973 33.37
1974 33.69
1975 34.41
1976 36.08
1977 35.12
1978 35.18
1979 35.75
1980 35.40
1981 35.81
1982 36.66
1983 36.28
1984 36.96
1985 37.75
1986 38.45
1987 38.83
1988 38.38
1989 38.81
1990 38.57
1991 39.23
1992 39.32
1993 40.26
1994 39.35
1995 39.61
1996 40.11
1997 41.06
1998 41.85
1999 43.27
2000 44.57
2001 45.52
2002 46.52
2003 46.49
2004 45.86
2005 46.11
2006 45.92
2007 45.71
2008 47.47
2009 47.49
2010 46.52
2011 46.75
2012 47.57
2013 48.05
2014 48.95
2015 49.03
2016 49.05
2017 48.94
2018 49.59
2019 50.69
2020 50.06

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts