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

Services, etc., value added (% of GDP) in Uzbekistan was 49.54 as of 2016. Its highest value over the past 29 years was 49.54 in 2016, while its lowest value was 26.46 in 1991.

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
1987 34.13
1988 34.95
1989 36.30
1990 34.27
1991 26.46
1992 29.37
1993 35.08
1994 36.15
1995 39.91
1996 43.38
1997 41.71
1998 42.52
1999 42.17
2000 42.51
2001 43.36
2002 43.70
2003 43.38
2004 43.27
2005 48.87
2006 42.23
2007 44.25
2008 45.89
2009 45.78
2010 46.81
2011 47.63
2012 47.78
2013 47.77
2014 47.58
2015 47.26
2016 49.54

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