Services sector share of GDP Puerto Rico 2007-2022

The share of value added by the services industry to gross domestic product in Puerto Rico increased by 2.4 percentage points (+4.79 percent) in 2022. In total, the share amounted to 52.55 percent in 2022.
Value added of a sector is the contribution of a sector to the overall GDP. The components of value added consist of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus. Value added equals the difference between a sector’s gross output and the cost of its intermediate inputs.

Find more statistics on other topics about Puerto Rico with key insights such as national gross income per capita.

Share of value added by the services industry to gross domestic product (GDP) in Puerto Rico from 2007 to 2022

Characteristic	Share of GDP
2022	52.55%
2021	50.13%
2020	49.58%
2019	47.78%
2018	49.09%
2017	48.44%
2016	48.35%
2015	47.88%
2014	48.99%
2013	49.51%
2012	48.99%
2011	48.87%
2010	48.56%
2009	49.51%
2008	52.38%
2007	53.26%

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Release date

September 2023

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Region

Puerto Rico

Survey time period

2007 to 2022

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.

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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