Latin America: services as share of GDP 2021, by country

Share of value added by the services industry to gross domestic product (GDP) in Latin America and the Caribbean in 2021, by country or territory

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Release date

March 2022

Region

LAC

Survey time period

2021 or latest year available

Supplementary notes

* Data is from 2020.
** Data is from 2017.
No recent data available for Barbados and Venezuela.

Data represents the share of value added in wholesale and retail trade (including hotels and restaurants), transport, 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.

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