South Asia Compared by Economy > Services output
DEFINITION:
Services correspond to ISIC divisions 50-99. 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 3. Data are in constant 2000 U.S. dollars.".
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Interesting observations about Economy > Services output
- United States has had the highest services output since 1970.
- Brazil ranked first for services output amongst Hot countries in 2009.
- China ranked first for services output amongst Emerging markets in 2009.
- Germany ranked first for services output amongst Europe in 2009.
- France ranked first for services output amongst Catholic countries in 2009.
- Mexico ranked first for services output amongst Former Spanish colonies in 2009.
- United Kingdom ranked second for services output amongst European Union in 2009.
- Italy ranked #4 for services output amongst Christian countries in 2009.
- Russia ranked first for services output amongst Eastern Europe in 2009.
- European Union has ranked in the top 2 for services output since 1970.
