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

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