United Kingdom - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in United Kingdom was 81,410 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 81,410 in 2019 and 59,516 in 1991.

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 59,516
1992 60,780
1993 63,219
1994 63,597
1995 64,250
1996 65,381
1997 66,036
1998 67,871
1999 68,649
2000 70,379
2001 72,086
2002 72,726
2003 74,253
2004 74,242
2005 76,979
2006 78,609
2007 80,294
2008 79,455
2009 76,369
2010 77,087
2011 78,211
2012 79,447
2013 80,355
2014 80,735
2015 80,873
2016 80,782
2017 80,764
2018 80,780
2019 81,410

Services, value added (current US$)

The latest value for Services, value added (current US$) in United Kingdom was $2,009,730,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $2,165,800,000,000 in 2007 and $747,519,000,000 in 1990.

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
1990 $747,519,000,000
1991 $783,764,000,000
1992 $820,278,000,000
1993 $747,545,000,000
1994 $803,195,000,000
1995 $873,465,000,000
1996 $925,137,000,000
1997 $1,023,600,000,000
1998 $1,092,340,000,000
1999 $1,114,760,000,000
2000 $1,098,120,000,000
2001 $1,108,200,000,000
2002 $1,207,080,000,000
2003 $1,404,100,000,000
2004 $1,668,400,000,000
2005 $1,762,870,000,000
2006 $1,880,070,000,000
2007 $2,165,800,000,000
2008 $2,053,130,000,000
2009 $1,737,060,000,000
2010 $1,759,080,000,000
2011 $1,875,310,000,000
2012 $1,910,660,000,000
2013 $1,959,740,000,000
2014 $2,164,990,000,000
2015 $2,083,630,000,000
2016 $1,934,640,000,000
2017 $1,912,560,000,000
2018 $2,055,460,000,000
2019 $2,039,730,000,000
2020 $2,009,730,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in United Kingdom was 1,567,590,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,598,010,000,000 in 2019 and a minimum value of 421,003,000,000 in 1990.

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
1990 421,003,000,000
1991 444,394,000,000
1992 467,394,000,000
1993 498,463,000,000
1994 524,808,000,000
1995 553,515,000,000
1996 593,013,000,000
1997 625,215,000,000
1998 659,552,000,000
1999 689,031,000,000
2000 725,745,000,000
2001 769,866,000,000
2002 805,363,000,000
2003 860,009,000,000
2004 911,282,000,000
2005 969,580,000,000
2006 1,021,820,000,000
2007 1,082,470,000,000
2008 1,116,900,000,000
2009 1,115,020,000,000
2010 1,138,440,000,000
2011 1,170,460,000,000
2012 1,209,540,000,000
2013 1,253,570,000,000
2014 1,315,730,000,000
2015 1,363,830,000,000
2016 1,432,860,000,000
2017 1,486,060,000,000
2018 1,540,740,000,000
2019 1,598,010,000,000
2020 1,567,590,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in United Kingdom was 2,065,990,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,272,700,000,000 in 2019 and 1,158,040,000,000 in 1990.

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
1990 1,158,040,000,000
1991 1,168,490,000,000
1992 1,181,230,000,000
1993 1,219,060,000,000
1994 1,263,250,000,000
1995 1,294,650,000,000
1996 1,328,740,000,000
1997 1,374,090,000,000
1998 1,412,910,000,000
1999 1,446,210,000,000
2000 1,509,140,000,000
2001 1,541,650,000,000
2002 1,571,010,000,000
2003 1,628,380,000,000
2004 1,685,800,000,000
2005 1,751,340,000,000
2006 1,802,380,000,000
2007 1,861,040,000,000
2008 1,870,680,000,000
2009 1,814,800,000,000
2010 1,860,190,000,000
2011 1,908,360,000,000
2012 1,951,840,000,000
2013 1,982,480,000,000
2014 2,039,740,000,000
2015 2,083,630,000,000
2016 2,150,220,000,000
2017 2,202,000,000,000
2018 2,237,630,000,000
2019 2,272,700,000,000
2020 2,065,990,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in United Kingdom was -9.10 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 4.35 in 2000 and a minimum value of -9.10 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
1991 0.90
1992 1.09
1993 3.20
1994 3.63
1995 2.49
1996 2.63
1997 3.41
1998 2.83
1999 2.36
2000 4.35
2001 2.15
2002 1.90
2003 3.65
2004 3.53
2005 3.89
2006 2.91
2007 3.25
2008 0.52
2009 -2.99
2010 2.50
2011 2.59
2012 2.28
2013 1.57
2014 2.89
2015 2.15
2016 3.20
2017 2.41
2018 1.62
2019 1.57
2020 -9.10

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in United Kingdom was 1,352,290,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,487,590,000,000 in 2019 and a minimum value of 757,991,000,000 in 1990.

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
1990 757,991,000,000
1991 764,833,000,000
1992 773,168,000,000
1993 797,929,000,000
1994 826,857,000,000
1995 847,410,000,000
1996 869,720,000,000
1997 899,407,000,000
1998 924,817,000,000
1999 946,609,000,000
2000 987,803,000,000
2001 1,009,080,000,000
2002 1,028,300,000,000
2003 1,065,850,000,000
2004 1,103,440,000,000
2005 1,146,330,000,000
2006 1,179,740,000,000
2007 1,218,130,000,000
2008 1,224,440,000,000
2009 1,187,870,000,000
2010 1,217,580,000,000
2011 1,249,110,000,000
2012 1,277,570,000,000
2013 1,297,620,000,000
2014 1,335,100,000,000
2015 1,363,830,000,000
2016 1,407,420,000,000
2017 1,441,310,000,000
2018 1,464,630,000,000
2019 1,487,590,000,000
2020 1,352,290,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in United Kingdom was 72.82 as of 2020. Its highest value over the past 30 years was 72.82 in 2020, while its lowest value was 64.87 in 1995.

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
1990 68.38
1991 68.58
1992 69.54
1993 70.43
1994 70.43
1995 64.87
1996 65.08
1997 65.63
1998 66.07
1999 66.13
2000 66.07
2001 67.41
2002 67.66
2003 68.26
2004 68.89
2005 69.27
2006 69.19
2007 69.73
2008 69.86
2009 71.61
2010 70.61
2011 70.11
2012 70.27
2013 69.91
2014 70.13
2015 70.47
2016 71.05
2017 70.86
2018 70.86
2019 70.86
2020 72.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts