Grenada: services value added to GDP 2013-2022
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 Grenada with key insights such as value added to gross domestic product by the manufacturing sector, value added by the agriculture, forestry, and fishing sector to the gross domestic product, and share of value added by the manufacturing industry to the gross domestic product.