Figures and Tables

Appendix 1A

Appendix 1A: Total direct & indirect value added export (VAX) of financial service, 1995-2007

Country

     X

(gross export)

VAX

Ratio1 = 

VAX/X

dVAX

indVAX

Ratio2 = 

indVAX/dVAX

AUS

210

579

2.76

133

447

3.74

AUT

564

686

1.22

334

352

1.00

BEL

620

896

1.45

327

569

1.65

BGR

20

47

2.37

13

34

2.69

BRA

72

457

6.30

47

410

8.68

CAN

487

984

2.02

275

709

2.59

CHN

53

1774

33.62

34

1740

42.94

CYP

4

12

2.72

3

8

2.79

CZE

45

104

2.32

20

84

4.77

DEU

1151

2644

2.30

529

2115

3.56

DNK

122

282

2.30

76

206

2.83

ESP

438

847

1.93

284

563

1.82

EST

8

15

1.91

5

10

1.87

FIN

33

122

3.76

21

101

3.56

FRA

790

1925

2.44

405

1520

3.96

GBR

5050

4339

0.86

2591

1748

0.54

GRC

39

87

2.27

28

59

2.21

HUN

52

118

2.28

29

89

3.74

IDN

139

271

1.95

103

168

1.95

IND

101

683

6.77

78

605

7.46

IRL

1597

1171

0.73

831

341

0.38

ITA

552

1604

2.90

331

1273

3.57

JPN

789

3603

4.57

522

3081

6.25

KOR

199

976

4.91

119

857

6.58

LTU

2

12

6.45

1

11

9.35

LUX

2910

849

0.29

640

209

0.32

LVA

8

16

1.96

5

10

2.09

MEX

181

512

2.83

119

393

3.70

MLT

7

11

1.49

4

7

1.97

NLD

820

1244

1.52

442

803

1.58

POL

114

219

1.92

70

148

2.55

PRT

93

235

2.52

65

170

2.76

ROM

24

67

2.82

17

50

3.07

RUS

5

152

29.25

4

149

49.65

SVK

20

37

1.89

12

25

2.01

SVN

9

38

4.35

6

33

4.66

SWE

372

532

1.43

247

285

1.08

TUR

7

251

34.48

5

247

45.46

TWN

95

1197

12.55

75

1122

13.78

USA

10116

11897

1.18

5624

6273

1.07

ROW

2382

4798

2.01

1598

3199

1.93

TOT

30300

46293

1.53

16070

30223

1.88

Notes: The export values in this table are for financial services sector (WIOD sector 28) in 100 million U.S. dollars at 2005 constant price, using the U.S. GDP deflator from the Federal Reserve Economic Data (website address: http://research.stlouisfed.org/fred2). X is total gross exports. VAX is total value added exports. dVAX is direct value added exports. indVAX is indirect value added exports through other sectors.