The value added by the services industry to the gross domestic product in Guyana increased by 0.2 billion U.S. dollars (+9.26 percent) compared to the previous year. Therefore, the value added in Guyana reached a peak in 2022 with 2.35 billion U.S. dollars. Value added is the net output of a sector after adding up all outputs and subtracting intermediate outputs. It refers to the contribution of a sector or industry 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.
Values in constant U.S. dollars based on 2010 prices
Supplementary notes
Data represents the value added in wholesale and retail trade (including hotels and restaurants), transport, and 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.
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World Bank. (October 24, 2024). Value added by the services industry to the gross domestic product (GDP) in Guyana from 2013 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/1074751/guyana-services-sector-value-added-gdp/
World Bank. "Value added by the services industry to the gross domestic product (GDP) in Guyana from 2013 to 2022 (in billion U.S. dollars)." Chart. October 24, 2024. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/1074751/guyana-services-sector-value-added-gdp/
World Bank. (2024). Value added by the services industry to the gross domestic product (GDP) in Guyana from 2013 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/1074751/guyana-services-sector-value-added-gdp/
World Bank. "Value Added by The Services Industry to The Gross Domestic Product (Gdp) in Guyana from 2013 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1074751/guyana-services-sector-value-added-gdp/
World Bank, Value added by the services industry to the gross domestic product (GDP) in Guyana from 2013 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1074751/guyana-services-sector-value-added-gdp/ (last visited December 06, 2024)
Value added by the services industry to the gross domestic product (GDP) in Guyana from 2013 to 2022 (in billion U.S. dollars) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1074751/guyana-services-sector-value-added-gdp/