Burkina Faso - Services, value added (current LCU)

The value for Services, value added (current LCU) in Burkina Faso was 4,214,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,253,280,000,000 in 2019 and a minimum value of 31,004,250,000 in 1960.

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 and import duties. 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 current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 31,004,250,000
1961 33,053,120,000
1962 35,945,410,000
1963 35,607,120,000
1964 36,847,020,000
1965 42,651,190,000
1966 43,400,720,000
1967 46,768,380,000
1968 49,395,050,000
1969 53,660,750,000
1970 56,442,450,000
1971 54,179,640,000
1972 59,663,560,000
1973 59,851,100,000
1974 75,405,760,000
1975 81,382,800,000
1976 90,419,770,000
1977 122,024,000,000
1978 142,431,000,000
1979 174,894,000,000
1980 197,499,000,000
1981 233,788,000,000
1982 291,061,000,000
1983 304,070,000,000
1984 315,310,000,000
1985 301,423,000,000
1986 317,554,000,000
1987 327,245,000,000
1988 353,080,000,000
1989 382,579,000,000
1990 401,860,000,000
1991 410,004,000,000
1992 412,317,000,000
1993 419,270,000,000
1994 414,529,000,000
1995 469,544,000,000
1996 495,851,000,000
1997 547,641,000,000
1998 628,601,000,000
1999 916,906,000,000
2000 1,006,500,000,000
2001 1,084,030,000,000
2002 1,170,990,000,000
2003 1,234,770,000,000
2004 1,336,180,000,000
2005 1,443,720,000,000
2006 1,612,390,000,000
2007 1,758,500,000,000
2008 1,899,740,000,000
2009 2,039,620,000,000
2010 2,106,960,000,000
2011 2,309,160,000,000
2012 2,585,690,000,000
2013 2,759,570,000,000
2014 2,925,620,000,000
2015 3,083,660,000,000
2016 3,331,490,000,000
2017 3,601,550,000,000
2018 3,843,830,000,000
2019 4,253,280,000,000
2020 4,214,200,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts