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)
1960 53.5116201
1961 53.76709875
1962 53.75320985
1963 54.18012406
1964 53.70821421
1965 53.44533265
1966 53.96185309
1967 53.71717012
1968 52.73372838
1969 52.92026855
1970 53.27304938
1971 54.12358361
1972 53.79999513
1973 53.07309245
1974 53.00438155
1975 52.28865937
1976 52.17551123
1977 51.95190504
1978 53.51875799
1979 55.04186763
1980 55.22768608
1981 50.3597899
1982 49.7660126
1983 49.38869728
1984 49.3401975
1985 52.26586729
1986 51.47934153
1987 54.35579795
1988 54.82205781
1989 55.87751141
1990 58.51655902
1991 52.79846662
1992 51.37750814
1993 52.76350383
1994 52.8501398
1995 52.25554702
1996 52.97367408
1997 52.69456408
1998 52.93713893
1999 54.21270281
2000 55.88338047
2001 56.69076556
2002 57.45300469
2003 57.77312415
2004 57.29881543
2005 57.79164364
2006 58.17778202
2007 57.97589537
2008 59.42540913
2009 61.05976283
2010 61.90775306
2011 63.18208602
2012 64.28609271
2013 65.57043726
2014 66.39842142
2015 67.29795907
2016 67.455208
2017 68.34300155
2018 68.67061063
2019 69.20499402
2020 68.23240729
2021 67.07941614
2022 67.28309024

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