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

Services, etc., value added (% of GDP) in Uganda was 51.73 as of 2016. Its highest value over the past 56 years was 55.02 in 2004, while its lowest value was 18.99 in 1977.

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 34.95
1961 34.95
1962 36.18
1963 34.99
1964 34.65
1965 34.23
1966 35.50
1967 36.40
1968 36.48
1969 35.07
1970 32.52
1971 30.87
1972 31.86
1973 29.45
1974 26.56
1975 19.66
1976 19.21
1977 18.99
1978 20.57
1979 30.27
1980 23.48
1981 34.83
1982 34.82
1983 32.98
1984 34.32
1985 37.38
1986 33.16
1987 33.17
1988 33.10
1989 32.51
1990 32.36
1991 34.82
1992 35.67
1993 35.36
1994 36.21
1995 36.32
1996 38.68
1997 40.46
1998 39.85
1999 41.81
2000 47.72
2001 47.74
2002 50.74
2003 49.66
2004 55.02
2005 48.26
2006 50.17
2007 49.77
2008 49.86
2009 49.94
2010 52.22
2011 51.26
2012 49.14
2013 50.33
2014 50.89
2015 52.14
2016 51.73

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