St. Kitts and Nevis - Services

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

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in St. Kitts and Nevis was 28,356,600 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 125,100,000 in 2014 and a minimum value of 1,180,000 in 1977.

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
1977 1,180,000
1978 1,400,000
1979 1,660,000
1980 2,080,000
1981 1,900,000
1982 2,940,000
1983 3,400,000
1984 4,250,000
1985 3,820,000
1986 6,270,000
1987 6,160,000
1988 8,000,000
1989 10,680,000
1990 9,840,000
1991 10,440,000
1992 9,840,000
1993 12,300,000
1994 15,140,000
1995 19,020,000
1996 20,340,000
1997 21,670,000
1998 22,060,000
1999 22,280,000
2000 65,450,000
2001 74,260,000
2002 65,380,000
2003 55,140,000
2004 72,910,000
2005 90,220,000
2006 96,700,000
2007 100,250,000
2008 92,660,000
2009 90,150,000
2010 62,960,000
2011 63,550,000
2012 85,860,000
2013 122,170,000
2014 125,100,000
2015 112,810,000
2016 26,668,600
2017 24,842,600
2018 27,780,500
2019 31,951,600
2020 28,356,600

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

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in St. Kitts and Nevis was 32,887,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 160,700,000 in 2015 and a minimum value of 4,110,000 in 1981.

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
1977 4,570,000
1978 5,450,000
1979 5,960,000
1980 5,970,000
1981 4,110,000
1982 4,470,000
1983 5,100,000
1984 5,650,000
1985 6,460,000
1986 6,660,000
1987 5,760,000
1988 7,460,000
1989 8,930,000
1990 9,500,000
1991 10,010,000
1992 11,350,000
1993 12,070,000
1994 13,410,000
1995 15,120,000
1996 16,660,000
1997 18,270,000
1998 18,510,000
1999 19,470,000
2000 69,780,000
2001 69,700,000
2002 72,380,000
2003 75,540,000
2004 83,100,000
2005 91,690,000
2006 96,700,000
2007 106,290,000
2008 111,010,000
2009 119,040,000
2010 128,660,000
2011 126,610,000
2012 132,330,000
2013 139,240,000
2014 151,220,000
2015 160,700,000
2016 36,840,000
2017 34,265,100
2018 33,305,700
2019 34,343,100
2020 32,887,000

Services, value added (current US$)

The latest value for Services, value added (current US$) in St. Kitts and Nevis was $629,089,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $730,678,000 in 2019 and $26,914,810 in 1977.

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
1977 $26,914,810
1978 $31,085,190
1979 $37,129,630
1980 $40,837,040
1981 $52,240,740
1982 $56,425,920
1983 $57,966,670
1984 $66,588,890
1985 $77,577,780
1986 $86,333,340
1987 $95,592,590
1988 $107,000,000
1989 $121,085,200
1990 $135,466,700
1991 $148,811,100
1992 $162,881,500
1993 $178,625,900
1994 $207,974,100
1995 $211,177,800
1996 $225,574,100
1997 $254,380,300
1998 $257,835,600
1999 $268,542,600
2000 $282,263,700
2001 $290,998,400
2002 $307,103,400
2003 $309,676,400
2004 $344,422,200
2005 $376,600,000
2006 $430,807,400
2007 $470,029,600
2008 $506,259,300
2009 $508,911,100
2010 $512,414,800
2011 $542,566,700
2012 $557,044,400
2013 $585,562,900
2014 $615,892,600
2015 $608,155,600
2016 $633,274,900
2017 $655,976,100
2018 $681,682,000
2019 $730,678,000
2020 $629,089,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in St. Kitts and Nevis was 1,698,540,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,972,830,000 in 2019 and a minimum value of 72,670,000 in 1977.

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
1977 72,670,000
1978 83,930,000
1979 100,250,000
1980 110,260,000
1981 141,050,000
1982 152,350,000
1983 156,510,000
1984 179,790,000
1985 209,460,000
1986 233,100,000
1987 258,100,000
1988 288,900,000
1989 326,930,000
1990 365,760,000
1991 401,790,000
1992 439,780,000
1993 482,290,000
1994 561,530,000
1995 570,180,000
1996 609,050,000
1997 686,140,000
1998 695,460,000
1999 724,340,000
2000 761,350,000
2001 784,910,000
2002 828,350,000
2003 835,290,000
2004 929,940,000
2005 1,016,820,000
2006 1,163,180,000
2007 1,269,080,000
2008 1,366,900,000
2009 1,374,060,000
2010 1,383,520,000
2011 1,464,930,000
2012 1,504,020,000
2013 1,581,020,000
2014 1,662,910,000
2015 1,642,020,000
2016 1,709,842,000
2017 1,771,135,000
2018 1,840,542,000
2019 1,972,830,000
2020 1,698,540,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in St. Kitts and Nevis was 593,568,400 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between 683,741,600 in 2019 and 119,384,100 in 1977.

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
1977 119,384,100
1978 124,039,200
1979 131,969,400
1980 138,396,200
1981 143,754,100
1982 149,371,700
1983 151,633,200
1984 170,794,500
1985 188,222,300
1986 207,272,800
1987 216,169,900
1988 230,965,600
1989 241,753,700
1990 257,673,800
1991 271,890,400
1992 284,935,700
1993 302,316,700
1994 321,818,700
1995 325,570,800
1996 342,883,700
1997 364,370,300
1998 356,772,300
1999 362,700,800
2000 385,469,400
2001 382,765,000
2002 391,823,800
2003 397,024,100
2004 425,218,700
2005 468,822,300
2006 495,398,500
2007 515,539,300
2008 546,561,900
2009 538,422,900
2010 551,847,300
2011 559,884,000
2012 560,586,800
2013 575,642,400
2014 601,498,800
2015 608,155,600
2016 632,955,700
2017 634,200,800
2018 659,846,300
2019 683,741,600
2020 593,568,400

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in St. Kitts and Nevis was -13.19 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 12.64 in 1984 and a minimum value of -13.19 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
1978 3.90
1979 6.39
1980 4.87
1981 3.87
1982 3.91
1983 1.51
1984 12.64
1985 10.20
1986 10.12
1987 4.29
1988 6.84
1989 4.67
1990 6.59
1991 5.52
1992 4.80
1993 6.10
1994 6.45
1995 1.17
1996 5.32
1997 6.27
1998 -2.09
1999 1.66
2000 6.28
2001 -0.70
2002 2.37
2003 1.33
2004 7.10
2005 10.25
2006 5.67
2007 4.07
2008 6.02
2009 -1.49
2010 2.49
2011 1.46
2012 0.13
2013 2.69
2014 4.49
2015 1.11
2016 4.08
2017 0.20
2018 4.04
2019 3.62
2020 -13.19

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in St. Kitts and Nevis was 1,393,680,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,605,404,000 in 2019 and a minimum value of 280,310,000 in 1977.

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
1977 280,310,000
1978 291,240,000
1979 309,860,000
1980 324,950,000
1981 337,530,000
1982 350,720,000
1983 356,030,000
1984 401,020,000
1985 441,940,000
1986 486,670,000
1987 507,560,000
1988 542,300,000
1989 567,630,000
1990 605,010,000
1991 638,390,000
1992 669,020,000
1993 709,830,000
1994 755,620,000
1995 764,430,000
1996 805,080,000
1997 855,530,000
1998 837,690,000
1999 851,610,000
2000 905,070,000
2001 898,720,000
2002 919,990,000
2003 932,200,000
2004 998,400,000
2005 1,100,780,000
2006 1,163,180,000
2007 1,210,470,000
2008 1,283,310,000
2009 1,264,200,000
2010 1,295,720,000
2011 1,314,590,000
2012 1,316,240,000
2013 1,351,590,000
2014 1,412,300,000
2015 1,427,930,000
2016 1,486,160,000
2017 1,489,084,000
2018 1,549,298,000
2019 1,605,404,000
2020 1,393,680,000

Services, value added (% of GDP)

Services, value added (% of GDP) in St. Kitts and Nevis was 64.14 as of 2020. Its highest value over the past 43 years was 70.46 in 1994, while its lowest value was 59.65 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
1977 60.49
1978 62.88
1979 63.10
1980 59.65
1981 64.58
1982 65.59
1983 66.72
1984 67.53
1985 69.89
1986 66.06
1987 64.70
1988 61.96
1989 62.90
1990 62.35
1991 67.48
1992 67.27
1993 67.72
1994 70.46
1995 67.36
1996 67.55
1997 67.90
1998 67.27
1999 66.05
2000 66.94
2001 63.45
2002 63.84
2003 65.91
2004 67.95
2005 68.82
2006 66.85
2007 68.19
2008 67.39
2009 68.05
2010 67.41
2011 66.35
2012 69.59
2013 69.73
2014 67.20
2015 65.88
2016 62.77
2017 61.84
2018 63.21
2019 62.73
2020 64.14

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts