* indicates monthly or quarterly data series

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

The average for 2023 based on 10 countries was 55.15 percent. The highest value was in Uruguay: 66.3 percent and the lowest value was in Suriname: 48.3 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
Uruguay 66.3 1 -
Ecuador 59.72 2 -
Brazil 58.88 3 -
Chile 56.91 4 -
Colombia 56.89 5 -
Argentina 53.15 6 -
Peru 51.33 7 -
Bolivia 51.05 8 -
Paraguay 48.98 9 -
Suriname 48.3 10 -


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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