Burkina Faso | Services, value added (% of GDP)
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. 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.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Burkina Faso | Services, value added (% of GDP)
38.26600701 1960
38.47785657 1961
38.65131321 1962
36.88083268 1963
36.64912939 1964
41.15305816 1965
40.7146337 1966
42.17703329 1967
43.33303671 1968
43.15688091 1969
44.54656487 1970
40.78715677 1971
40.91531698 1972
39.79468329 1973
41.70642413 1974
40.39885722 1975
38.74915255 1976
43.90615173 1977
42.77554544 1978
47.02201352 1979
48.46614256 1980
48.4483111 1981
50.48553509 1982
49.86295392 1983
49.42898335 1984
43.21610469 1985
45.03135823 1986
45.94705325 1987
45.31412948 1988
45.85113303 1989
47.59259737 1990
46.35862274 1991
46.40653949 1992
46.27760426 1993
39.39365713 1994
39.53282371 1995
37.47487217 1996
38.3333247 1997
37.98751931 1998
43.95128396 1999
47.74313235 2000
46.39321659 2001
46.59963429 2002
44.91447627 2003
46.4776364 2004
44.54948913 2005
47.13852823 2006
48.17893413 2007
45.0673521 2008
45.88973089 2009
42.12072485 2010
40.56260688 2011
40.31882105 2012
41.55892704 2013
42.49592913 2014
44.05782674 2015
43.80582668 2016
43.95671553 2017
43.55081264 2018
45.31625214 2019
44.83350173 2020
44.75724506 2021
42.68182027 2022
Burkina Faso | Services, value added (% of GDP)
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. 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.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source