Togo | 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
Togolese Republic
Records
63
Source
Togo | Services, value added (constant 2015 US$)
1960
1961
1962
1963
1964
1965 656483591.27721
1966 705951483.1811
1967 716819202.9978
1968 755402311.76356
1969 871572908.33548
1970 977270851.60753
1971 972796650.86629
1972 1027504221.7337
1973 1046604004.7768
1974 1100982492.3736
1975 1125286109.5679
1976 1070500423.4838
1977 1176468059.2503
1978 1335175637.3806
1979 1237111868.0152
1980 1398555489.3309
1981 1412942840.4057
1982 1361249043.3002
1983 1253742295.4701
1984 1248610938.202
1985 1255615200.4206
1986 1296054283.2083
1987 1297049333.7916
1988 1314439461
1989 1335148662.5171
1990 1327574592.7979
1991 1269324450.5722
1992 1189422991.4462
1993 874338111.82034
1994 1126832842.9365
1995 1163489959.6259
1996 1199819535.8883
1997 1608502469.6125
1998 1632308580.0023
1999 1626734880.5662
2000 1637513617.464
2001 1496748973.5341
2002 1403455591.7692
2003 1576662041.2805
2004 1638711024.8733
2005 1502323054.2029
2006 1678864176.3789
2007 1787929176.1907
2008 1988038321.743
2009 2038024229.7767
2010 2123987073.5014
2011 2296747239.1263
2012 2536650098.5433
2013 2635846446.0929
2014 2596838353.5132
2015 2830018427.68
2016 2951841279.343
2017 3071710811.6169
2018 3186658159.0592
2019 3370545849.6002
2020 3421894231.4622
2021 3622727450.319
2022 3848034371.7429
Togo | 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
Togolese Republic
Records
63
Source