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

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