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

Services, etc., value added (% of GDP) in Tonga was 60.33 as of 2016. Its highest value over the past 41 years was 63.78 in 2008, while its lowest value was 39.52 in 1975.

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
1975 39.52
1976 43.65
1977 44.75
1978 44.23
1979 43.15
1980 47.05
1981 48.01
1982 49.44
1983 48.03
1984 46.03
1985 47.32
1986 46.52
1987 48.28
1988 49.08
1989 48.94
1990 50.48
1991 51.14
1992 49.13
1993 47.17
1994 53.80
1995 52.54
1996 53.92
1997 56.25
1998 55.86
1999 54.24
2000 55.90
2001 57.66
2002 57.78
2003 56.92
2004 56.80
2005 59.56
2006 63.18
2007 61.36
2008 63.78
2009 63.36
2010 61.04
2011 59.08
2012 59.29
2013 61.03
2014 61.67
2015 60.36
2016 60.33

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