Togo - Services, etc., value added (% of GDP)

Services, etc., value added (% of GDP) in Togo was 41.78 as of 2016. Its highest value over the past 56 years was 53.12 in 1978, while its lowest value was 29.35 in 1961.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1960 29.63
1961 29.35
1962 32.41
1963 29.91
1964 31.94
1965 34.42
1966 34.09
1967 32.46
1968 33.56
1969 35.78
1970 45.16
1971 45.75
1972 48.94
1973 47.79
1974 42.25
1975 46.86
1976 47.23
1977 45.08
1978 53.12
1979 49.39
1980 47.73
1981 49.33
1982 49.67
1983 44.11
1984 46.34
1985 44.67
1986 45.37
1987 46.54
1988 44.88
1989 43.46
1990 43.72
1991 42.02
1992 40.96
1993 35.18
1994 43.85
1995 40.06
1996 38.10
1997 37.68
1998 48.17
1999 46.86
2000 46.54
2001 45.13
2002 43.42
2003 45.79
2004 46.62
2005 43.40
2006 45.69
2007 45.49
2008 41.12
2009 51.10
2010 52.79
2011 51.61
2012 38.96
2013 41.62
2014 38.78
2015 40.67
2016 41.78

Limitations and Exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts