St. Lucia - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in St. Lucia was 21,961 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 35,259 in 1994 and 21,961 in 2019.

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 32,120
1992 32,182
1993 32,146
1994 35,259
1995 35,076
1996 34,236
1997 32,114
1998 33,443
1999 32,050
2000 31,797
2001 30,945
2002 29,563
2003 29,927
2004 29,439
2005 29,374
2006 27,862
2007 26,414
2008 25,637
2009 25,094
2010 25,196
2011 25,605
2012 24,973
2013 24,493
2014 24,011
2015 22,911
2016 22,594
2017 22,577
2018 22,756
2019 21,961

Services, value added (current US$)

The latest value for Services, value added (current US$) in St. Lucia was $1,181,973,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between $1,593,197,000 in 2019 and $884,191,400 in 2006.

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
2006 $884,191,400
2007 $958,898,400
2008 $1,003,034,000
2009 $993,337,000
2010 $1,098,252,000
2011 $1,185,933,000
2012 $1,214,426,000
2013 $1,247,577,000
2014 $1,314,663,000
2015 $1,336,279,000
2016 $1,378,627,000
2017 $1,494,891,000
2018 $1,553,391,000
2019 $1,593,197,000
2020 $1,181,973,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in St. Lucia was 3,191,326,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 4,301,631,000 in 2019 and a minimum value of 2,387,316,000 in 2006.

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
2006 2,387,316,000
2007 2,589,026,000
2008 2,708,191,000
2009 2,682,010,000
2010 2,965,279,000
2011 3,202,020,000
2012 3,278,951,000
2013 3,368,458,000
2014 3,549,590,000
2015 3,607,954,000
2016 3,722,294,000
2017 4,036,205,000
2018 4,194,154,000
2019 4,301,631,000
2020 3,191,326,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in St. Lucia was 1,160,799,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between 1,486,985,000 in 2019 and 340,279,700 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 340,279,700
1978 372,919,200
1979 373,898,400
1980 370,845,900
1981 400,629,900
1982 414,608,800
1983 437,904,300
1984 453,003,500
1985 484,112,000
1986 526,878,800
1987 562,422,800
1988 590,132,200
1989 659,295,700
1990 777,039,900
1991 792,441,000
1992 816,748,200
1993 836,561,000
1994 887,974,300
1995 893,656,300
1996 924,035,900
1997 955,279,600
1998 984,755,100
1999 1,025,894,000
2000 1,049,351,000
2001 1,058,424,000
2002 1,045,036,000
2003 1,091,865,000
2004 1,136,736,000
2005 1,179,362,000
2006 1,207,818,000
2007 1,243,230,000
2008 1,274,891,000
2009 1,260,820,000
2010 1,291,719,000
2011 1,334,004,000
2012 1,345,816,000
2013 1,315,165,000
2014 1,347,356,000
2015 1,336,279,000
2016 1,365,224,000
2017 1,415,681,000
2018 1,471,006,000
2019 1,486,985,000
2020 1,160,799,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in St. Lucia was -21.94 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 17.86 in 1990 and a minimum value of -21.94 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 9.59
1979 0.26
1980 -0.82
1981 8.03
1982 3.49
1983 5.62
1984 3.45
1985 6.87
1986 8.83
1987 6.75
1988 4.93
1989 11.72
1990 17.86
1991 1.98
1992 3.07
1993 2.43
1994 6.15
1995 0.64
1996 3.40
1997 3.38
1998 3.09
1999 4.18
2000 2.29
2001 0.86
2002 -1.26
2003 4.48
2004 4.11
2005 3.75
2006 2.41
2007 2.93
2008 2.55
2009 -1.10
2010 2.45
2011 3.27
2012 0.89
2013 -2.28
2014 2.45
2015 -0.82
2016 2.17
2017 3.70
2018 3.91
2019 1.09
2020 -21.94

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in St. Lucia was 3,309,687,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 4,239,714,000 in 2019 and a minimum value of 970,210,700 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 970,210,700
1978 1,063,273,000
1979 1,066,065,000
1980 1,057,361,000
1981 1,142,282,000
1982 1,182,139,000
1983 1,248,559,000
1984 1,291,610,000
1985 1,380,307,000
1986 1,502,245,000
1987 1,603,588,000
1988 1,682,594,000
1989 1,879,794,000
1990 2,215,508,000
1991 2,259,420,000
1992 2,328,725,000
1993 2,385,215,000
1994 2,531,806,000
1995 2,548,006,000
1996 2,634,625,000
1997 2,723,708,000
1998 2,807,749,000
1999 2,925,045,000
2000 2,991,927,000
2001 3,017,794,000
2002 2,979,623,000
2003 3,113,143,000
2004 3,241,078,000
2005 3,362,616,000
2006 3,443,750,000
2007 3,544,717,000
2008 3,634,988,000
2009 3,594,870,000
2010 3,682,970,000
2011 3,803,532,000
2012 3,837,212,000
2013 3,749,818,000
2014 3,841,601,000
2015 3,810,020,000
2016 3,892,548,000
2017 4,036,411,000
2018 4,194,154,000
2019 4,239,714,000
2020 3,309,687,000

Services, value added (% of GDP)

Services, value added (% of GDP) in St. Lucia was 73.11 as of 2020. Its highest value over the past 14 years was 75.66 in 2012, while its lowest value was 69.71 in 2006.

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
2006 69.71
2007 71.77
2008 69.77
2009 70.88
2010 73.87
2011 75.20
2012 75.66
2013 74.94
2014 74.90
2015 73.91
2016 73.90
2017 74.87
2018 75.22
2019 75.19
2020 73.11

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts