Other services, value added in Africa
Africa: Other services, value added was 127.44 billion current US$ in 2007. ▲ Rising
Other services, value added in Africa, 1988–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2007, other services, value added in Africa stood at 127.44 billion current US$. That is the highest value across all 20 years on record.
That represents a change of up 16.9% on the previous year and up 161.9% over ten years.
Over the whole period, other services, value added in Africa peaked at 127.44 billion current US$ in 2007 and was at its lowest, 26.49 billion current US$, in 1991.
The long-run direction has been consistently rising across the 20 years of available data.
Other services, value added in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1988 | 34.33 billion current US$ | — |
| 1989 | 35.87 billion current US$ | +4.5% |
| 1990 | 28.09 billion current US$ | -21.7% |
| 1991 | 26.49 billion current US$ | -5.7% |
| 1992 | 28.63 billion current US$ | +8.1% |
| 1993 | 38.18 billion current US$ | +33.4% |
| 1994 | 36.46 billion current US$ | -4.5% |
| 1995 | 42.02 billion current US$ | +15.2% |
| 1996 | 45.33 billion current US$ | +7.9% |
| 1997 | 48.66 billion current US$ | +7.3% |
| 1998 | 51.03 billion current US$ | +4.9% |
| 1999 | 51.86 billion current US$ | +1.6% |
| 2000 | 52.26 billion current US$ | +0.8% |
| 2001 | 53.89 billion current US$ | +3.1% |
| 2002 | 56.49 billion current US$ | +4.8% |
| 2003 | 71.03 billion current US$ | +25.7% |
| 2004 | 85.61 billion current US$ | +20.5% |
| 2005 | 94.78 billion current US$ | +10.7% |
| 2006 | 109.01 billion current US$ | +15.0% |
| 2007 | 127.44 billion current US$ | +16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 35.10 billion current US$ | 34.33 billion current US$ | 35.87 billion current US$ | 2 |
| 1990s | 39.67 billion current US$ | 26.49 billion current US$ | 51.86 billion current US$ | 10 |
| 2000s | 81.31 billion current US$ | 52.26 billion current US$ | 127.44 billion current US$ | 8 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 10.08 million (2027)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,011 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
Frequently asked questions
- What is other services, value added in Africa?
- Other services, value added in Africa was 127.44 billion current US$ in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest other services, value added recorded in Africa?
- The highest recorded value was 127.44 billion current US$ in 2007.
- What is the lowest other services, value added recorded in Africa?
- The lowest recorded value was 26.49 billion current US$ in 1991.
- How does Africa rank for other services, value added?
- Africa ranks 1st out of 3 groups with data for 2007.
- Is other services, value added rising or falling in Africa?
- Over the last ten years it is up 161.9%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Other services, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in other services is defined as the value of output of the 'other services' industry less the value of intermediate consumption (intermediate inputs). Other services is a subset of services, comprising real estate, renting and business activities (excluding services of owner occupied dwellings), education, health and social work, other community, social and personal service activities, private households with employed persons, and extra territorial organizations (ISIC 70-74, 80-99). Data are in current U.S. dollars.