Togo | 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
Togolese Republic
Records
63
Source
Togo | Services, value added (% of GDP)
1960 29.62966477
1961 29.35486913
1962 32.40743808
1963 29.91459212
1964 31.94109223
1965 34.42263614
1966 34.08664441
1967 32.4561409
1968 33.55591629
1969 35.77577397
1970 45.15663683
1971 45.75409978
1972 48.93618784
1973 47.79248381
1974 42.25351961
1975 46.86318837
1976 47.22972848
1977 45.07853598
1978 53.11828039
1979 49.39377255
1980 47.73011314
1981 49.33077626
1982 49.66666298
1983 44.10555123
1984 46.33524434
1985 44.67153597
1986 45.37288896
1987 46.53702517
1988 44.87599715
1989 43.45770925
1990 43.71738264
1991 42.02025676
1992 40.96370062
1993 35.17954233
1994 43.84944607
1995 40.05642005
1996 38.1024099
1997 37.68433718
1998 48.17484474
1999 46.85696667
2000 53.50631192
2001 50.64005116
2002 50.87875317
2003 57.02443524
2004 54.16498047
2005 47.50711164
2006 49.08372427
2007 49.18436692
2008 48.84328698
2009 50.50306821
2010 50.62301867
2011 50.85122511
2012 52.13844984
2013 51.38080716
2014 48.46424134
2015 49.17103918
2016 50.28500687
2017 50.54648264
2018 50.53211121
2019 51.23762745
2020 51.50983266
2021 51.19267846
2022 52.06644546
Togo | 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
Togolese Republic
Records
63
Source