Zambia | 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
Republic of Zambia
Records
63
Source
Zambia | Services, value added (constant 2015 US$)
1960
1961
1962
1963
1964
2259086010.0431 1965
2048135875.1603 1966
2312985845.4186 1967
2377174045.6494 1968
2236424102.2362 1969
2476586762.7319 1970
2421695254.3488 1971
2603451393.8848 1972
2542771388.1728 1973
2661297163.3422 1974
2569393423.0977 1975
2800980654.5049 1976
2612630744.2574 1977
2445724334.6343 1978
2548347732.5197 1979
2811491011.2721 1980
3017194110.625 1981
2803972752.4248 1982
2534131035.6477 1983
2546899570.2901 1984
2638065964.5845 1985
2547885572.8337 1986
2734420748.9859 1987
3082687766.4101 1988
2808416792.8836 1989
2605081061.5891 1990
2749518021.6512 1991
2626008279.9745 1992
2816394376.1851 1993
2516387040.1939 1994
2461260680.0968 1995
2877403960.7362 1996
3019346304.8292 1997
3157937168.4748 1998
3401083640.5875 1999
3580530095.5344 2000
3831924848.0952 2001
4064158782.4116 2002
4349986718.3321 2003
4641593295.7752 2004
5051614652.4317 2005
5549987659.3478 2006
6166832926.4301 2007
6886800642.8521 2008
7508385506.4487 2009
8663705942.6075 2010
9181988674.0389 2011
10257793764.12 2012
11067244995.903 2013
11689934435.495 2014
11947522110.972 2015
12287417329.718 2016
12489064798.514 2017
13396052482.001 2018
13867728624.12 2019
13021417368.552 2020
13801857375.09 2021
15464239759.279 2022
Zambia | 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
Republic of Zambia
Records
63
Source