Variable: Services, value added (% of GDP)

QoG Code: (wdi_svapgdp)


Dataset: World Development Indicators

Description:

Services, value added (% of GDP). 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.

Type of variable: Continuous

Downloaded by QoG on: 2023-01-23
Last updated by source: 2023-01-22


Categories:

Public Economy


Find this variable in:

OECD Cross-section - 2024 OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Standard cross-section: 186
Standard time-series: 192
OECD cross-section: 38
OECD time-series: 39


This variable has information for these countries:

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This variable has information from the year 1960 to the year 2022