Uganda - Services, value added (% of GDP)

Services, value added (% of GDP) in Uganda was 42.84 as of 2020. Its highest value over the past 60 years was 52.03 in 2004, while its lowest value was 18.81 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 or 4.

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

See also:

Year Value
1960 33.70
1961 33.74
1962 34.82
1963 32.77
1964 31.47
1965 32.13
1966 32.86
1967 32.83
1968 32.62
1969 31.42
1970 30.85
1971 29.47
1972 30.49
1973 28.33
1974 25.73
1975 19.24
1976 18.85
1977 18.81
1978 20.40
1979 30.11
1980 23.40
1981 34.77
1982 32.56
1983 30.40
1984 31.15
1985 34.28
1986 31.11
1987 32.00
1988 31.68
1989 31.13
1990 30.48
1991 32.54
1992 33.63
1993 33.13
1994 33.49
1995 33.31
1996 35.16
1997 36.74
1998 36.23
1999 37.82
2000 44.67
2001 44.78
2002 47.74
2003 46.54
2004 52.03
2005 45.31
2006 47.12
2007 46.93
2008 46.90
2009 44.63
2010 44.78
2011 45.78
2012 44.44
2013 44.54
2014 44.04
2015 44.30
2016 44.43
2017 43.48
2018 43.34
2019 43.00
2020 42.84

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. 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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts