Indicator: Services: value added (% of GDP) 1980 - 2022

Description	Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Unit of measure	%

Description

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Unit of measure

Source: World Bank • Oecd

Data source: Link

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	United States
1980	15.88
1981	15.81
1982	16.58
1983	16.38
1984	15.72
1985	15.92
1986	16.12
1987	16.00
1988	15.67
1989	15.62
1990	15.90
1991	16.32
1992	16.08
1993	15.65
1994	15.21
1995	14.95
1996	14.53
1997	14.23
1998	13.99
1999	14.03
2000	14.02
2001	14.54
2002	15.06
2003	15.24
2004	15.16
2005	15.05
2006	15.00
2007	15.19
2008	15.93
2009	16.81
2010	16.69
2011	16.10
2012	15.48
2013	15.03
2014	14.60
2015	14.30
2016	14.19
2017	13.94
2018	13.93
2019	14.10
2020	15.09
2021	14.44
2022	13.94

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