Costa Rica | 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. Limitations and exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay. 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. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Services, value added (% of GDP)
53.5116201 1960
53.76709875 1961
53.75320985 1962
54.18012406 1963
53.70821421 1964
53.44533265 1965
53.96185309 1966
53.71717012 1967
52.73372838 1968
52.92026855 1969
53.27304938 1970
54.12358361 1971
53.79999513 1972
53.07309245 1973
53.00438155 1974
52.28865937 1975
52.17551123 1976
51.95190504 1977
53.51875799 1978
55.04186763 1979
55.22768608 1980
50.3597899 1981
49.7660126 1982
49.38869728 1983
49.3401975 1984
52.26586729 1985
51.47934153 1986
54.35579795 1987
54.82205781 1988
55.87751141 1989
58.51655902 1990
52.79846662 1991
51.37750814 1992
52.76350383 1993
52.8501398 1994
52.25554702 1995
52.97367408 1996
52.69456408 1997
52.93713893 1998
54.21270281 1999
55.88338047 2000
56.69076556 2001
57.45300469 2002
57.77312415 2003
57.29881543 2004
57.79164364 2005
58.17778202 2006
57.97589537 2007
59.42540913 2008
61.05976283 2009
61.90775306 2010
63.18208602 2011
64.28609271 2012
65.57043726 2013
66.39842142 2014
67.29795907 2015
67.455208 2016
68.34300155 2017
68.67061063 2018
69.20499402 2019
68.23240729 2020
67.07941614 2021
67.28309024 2022
Costa Rica | 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. Limitations and exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay. 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. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source