In 2019, the services industry in Chile contributed with nearly 59 percent of the value added to the country's gross domestic product (GDP). This share is the highest since the beginning of the mentioned period. The share of service sector workers in Chile amounts to over two thirds of the country's total workforce.
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 Chile from 2005 to 2019
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.
The source does not provide a date of release, the date given is the one of last access.
Figures have been rounded.
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World Bank. (April 1, 2021). Share of value added by the services industry to gross domestic product (GDP) in Chile from 2005 to 2019 [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/1072835/chile-services-sector-share-gdp/
World Bank. "Share of value added by the services industry to gross domestic product (GDP) in Chile from 2005 to 2019." Chart. April 1, 2021. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/1072835/chile-services-sector-share-gdp/
World Bank. (2021). Share of value added by the services industry to gross domestic product (GDP) in Chile from 2005 to 2019. Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/1072835/chile-services-sector-share-gdp/
World Bank. "Share of Value Added by The Services Industry to Gross Domestic Product (Gdp) in Chile from 2005 to 2019." Statista, Statista Inc., 1 Apr 2021, https://www.statista.com/statistics/1072835/chile-services-sector-share-gdp/
World Bank, Share of value added by the services industry to gross domestic product (GDP) in Chile from 2005 to 2019 Statista, https://www.statista.com/statistics/1072835/chile-services-sector-share-gdp/ (last visited May 25, 2022)
