Latin America and the Caribbean: services as share of GDP 2014-2023

Share of value added by the services industry to gross domestic product (GDP) in Latin America and the Caribbean from 2014 to 2023

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Release date

September 2024

Region

LAC

Survey time period

2014 to 2023

Supplementary notes

Data represents the share of value added in wholesale and retail trade (including hotels and restaurants), transport, 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 source does not provide the date of release, the date given is the one of last access.
Figures have been rounded.

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