Antigua & Barbuda: services sector share of GDP 2005-2018

In 2018, the services industry in Antigua and Barbuda contributed with 68 percent of the value added to the country's gross domestic product (GDP). This share has been decreasing since 2011, when the services sector represented 72.4 percent of the value added to GDP.

The services industry comprises wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. The added value is calculated by subtracting the cost of intermediate goods and services from the sector's total GDP.

Share of value added by the services industry to gross domestic product (GDP) in Antigua and Barbuda from 2005 to 2018

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Sources

Release date

October 2019

Region

Antigua and Barbuda

Survey time period

2005 to 2018

Supplementary notes

Data represents the share of value added by wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. 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.

Figures have been rounded.

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