* indicates monthly or quarterly data series

Value added in the services sector as percent of GDP, 2023:

The average for 2023 based on 19 countries was 56.64 percent. The highest value was in Costa Rica: 67.99 percent and the lowest value was in Nicaragua: 46.31 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Share of services, 2023 Global rank Available data
Costa Rica 67.99 1 1960 - 2023
Panama 67.29 2 1970 - 2023
Uruguay 66.3 3 1983 - 2023
Guatemala 61.29 4 1965 - 2023
El Salvador 59.77 5 1965 - 2023
Ecuador 59.72 6 1960 - 2023
Brazil 58.88 7 1960 - 2023
Mexico 58.65 8 1965 - 2023
Honduras 57.37 9 1960 - 2023
Chile 56.91 10 1960 - 2023
Colombia 56.89 11 1965 - 2023
Domin. Rep. 56 12 1960 - 2023
Argentina 53.15 13 1965 - 2023
Peru 51.33 14 1960 - 2023
Bolivia 51.05 15 1970 - 2023
Puerto Rico 50.55 16 1960 - 2023
Paraguay 48.98 17 1962 - 2023
Haiti 47.8 18 1988 - 2023
Nicaragua 46.31 19 1994 - 2023


New - World map: Share of services




Definition: Services correspond to ISIC divisions 50-99 and they include 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. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

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