Costa Rica | Services, value added (constant 2015 US$)

Services correspond to ISIC divisions 45-99. 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 4. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. Limitations and exceptions: In the services industries, including most of government, value added in constant prices is often imputed from labor inputs, such as real wages or number of employees. In the absence of well defined measures of output, measuring the growth of services remains difficult. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Services, value added (constant 2015 US$)
1960 3299496143.2666
1961 3199236278.0392
1962 3488038780.0196
1963 3678126848.2751
1964 3798477322.3267
1965 4163005965.4506
1966 4470353644.7525
1967 4653873629.3881
1968 4936108047.7485
1969 5088719403.2193
1970 5521247029.974
1971 5865878243.1672
1972 6295121828.0232
1973 6812841363.4757
1974 7195528825.957
1975 7261402841.4046
1976 7683691984.8537
1977 8501418400.2369
1978 8960604719.4357
1979 9499767116.1441
1980 9590368034.9237
1981 9237236948.8209
1982 8811277405.6862
1983 8967945518.8069
1984 9456108677.7037
1985 9722116065.9963
1986 10231335728.362
1987 10721430676.548
1988 11137731273.058
1989 11748369874.367
1990 12297770754.381
1991 11064184657.746
1992 11948635372.954
1993 12769963137.897
1994 13362019877.238
1995 13750885672.44
1996 14003490519.031
1997 14668587372.852
1998 15560946664.241
1999 16508804474.715
2000 17309845587.801
2001 18052190788.795
2002 18894024802.229
2003 19771413853.792
2004 20775000963.372
2005 21790038269.214
2006 23479990752.503
2007 25553700357.695
2008 27488173086.497
2009 28132913332.134
2010 29853688588.621
2011 31367970438.661
2012 33125327117.356
2013 34694167789.583
2014 36277530232.047
2015 37984260774.871
2016 39598673251.582
2017 41607733595.1
2018 42790140958.876
2019 44351858814.561
2020 41915946323.748
2021 44470210819.427
2022 46947107877.512

Costa Rica | Services, value added (constant 2015 US$)

Services correspond to ISIC divisions 45-99. 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 4. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. Limitations and exceptions: In the services industries, including most of government, value added in constant prices is often imputed from labor inputs, such as real wages or number of employees. In the absence of well defined measures of output, measuring the growth of services remains difficult. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source