Services sector's value added to GDP in El Salvador

In 2021, the value added by the services industry to the gross domestic product in El Salvador increased by 1.5 billion U.S. dollars (+10.47 percent) since 2020. Therefore, the value added in El Salvador reached a peak in 2021 with 15.82 billion U.S. dollars. Notably, the value added has been, with the exception of 2020, continuously increasing over the last years.

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.
Find more statistics on other topics about El Salvador with key insights such as value added by the services industry to the gross domestic product, value added to gross domestic product by the manufacturing sector, value added by the agriculture, forestry, and and fishing sector to the gross domestic product.

Value added by the services industry to the gross domestic product (GDP) in El Salvador from 2012 to 2021 (in billion U.S. dollars)

Characteristic	Value in billion U.S. dollars
2021	15.82
2020	14.33
2019	15.55
2018	15.26
2017	14.78
2016	14.48
2015	14.07
2014	13.64
2013	13.46
2012	13.06

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

May 2023

More information

Region

El Salvador

Survey time period

2012 to 2021

Special properties

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.

Figures have been rounded.

Citation formats