Namibia

Value Added In The Services Sector

57.85
percent of GDP
Dec 80Dec 82Dec 85Dec 87Dec 89Dec 91Dec 94Dec 98Dec 01Dec 04Dec 06Dec 08Dec 11Dec 13Dec 15Dec 180.00020.0040.0060.0080.00
  • Namibia
  • Global Median
Source: IMF

Definition of Value Added In The Services Sector

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.

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