Congo, Dem. Rep. | 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
Democratic Republic of the Congo
Records
63
Source
Congo, Dem. Rep. | Services, value added (constant 2015 US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968 7764842390.6916
1969 8314878899.6676
1970 6170147565.7452
1971 4882746071.9021
1972 4787578838.8612
1973 5292920678.1501
1974 5259700906.3761
1975 4979613442.0535
1976 5507743374.4724
1977 6297310307.9524
1978 6226113272.985
1979 6947213075.4325
1980 6337626606.7479
1981 6947057607.23
1982 7293131380.5332
1983 7060649227.7191
1984 6517894624.3664
1985 6183899722.3415
1986 6629434419.2814
1987 8055796938.2154
1988 8151476012.3989
1989 8326984691.2974
1990 9329422374.3327
1991 9514409405.4289
1992 9873305810.8197
1993 7769802223.3788
1994 7244847670.6246
1995 7453171581.4225
1996 7247399042.8146
1997 7076611680.9765
1998 7241639333.6229
1999 6537924787.2219
2000 5435786483.3741
2001 5427004681.0849
2002 5696007320.2511
2003 6326507041.7203
2004 6920926140.0642
2005 7179977923.0075
2006 7630792795.0438
2007 8524260987.8517
2008 9343391706.6161
2009 9716440105.0381
2010 9274304621.5509
2011 9370108923.2872
2012 9989624514.9886
2013 10771951963.659
2014 11508539515.616
2015 12552419678.66
2016 13117706255.313
2017 13507035748.263
2018 13684757282.678
2019 14459702292.836
2020 14478282745.971
2021 15280224900.403
2022 15790305376.217
Congo, Dem. Rep. | 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
Democratic Republic of the Congo
Records
63
Source