Burkina Faso | Services, value added (constant 2015 US$)
Services correspond to ISIC divisions 45-99. 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 4. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. Limitations and exceptions: In the services industries, including most of government, value added in constant prices is often imputed from labor inputs, such as real wages or number of employees. In the absence of well defined measures of output, measuring the growth of services remains difficult. 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.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Burkina Faso | Services, value added (constant 2015 US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
545701916.62547 1970
547578555.96423 1971
588887201.17984 1972
564339602.76611 1973
659352541.83688 1974
630939312.28336 1975
679115960.4051 1976
790382304.66475 1977
827832370.79994 1978
994514687.9181 1979
946789959.32181 1980
997255884.20275 1981
1149905501.43 1982
1187416221.6256 1983
1160379603.7371 1984
1265711073.2102 1985
1332781045.4962 1986
1361555170.4628 1987
1395210253.3837 1988
1471254677.8464 1989
1469476417.5827 1990
1546053922.2957 1991
1507291446.0498 1992
1501953203.7406 1993
1427689981.5335 1994
1536548120.5347 1995
1749454650.6757 1996
1885870374.1346 1997
1940399942.3232 1998
1939243103.9144 1999
2117666252.436 2000
2270367714.2058 2001
2427296969.3506 2002
2531365647.1324 2003
2730131683.2198 2004
2979405001.3875 2005
3284122199.49 2006
3432528499.2923 2007
3543238501.5156 2008
3753660342.6612 2009
3853667954.8245 2010
4106519863.7189 2011
4459425993.9694 2012
4701426231.759 2013
4939452976.4531 2014
5212992250.3665 2015
5564089836.3956 2016
5906487707.7246 2017
6208609442.6366 2018
6753636072.3363 2019
6586264237.2817 2020
7392008539.8919 2021
7835641440.7416 2022
Burkina Faso | Services, value added (constant 2015 US$)
Services correspond to ISIC divisions 45-99. 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 4. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. Limitations and exceptions: In the services industries, including most of government, value added in constant prices is often imputed from labor inputs, such as real wages or number of employees. In the absence of well defined measures of output, measuring the growth of services remains difficult. 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.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source