Mexico | 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
United Mexican States
Records
63
Source
Mexico | Services, value added (constant 2015 US$)
1960
1961
1962
1963
1964
112610206403.24 1965
119165691607.08 1966
126215201051.63 1967
139650022672.8 1968
143348228408.63 1969
152903902140.48 1970
160517506822.79 1971
175093892032.72 1972
187794622303.75 1973
199636967060.17 1974
213682647804.7 1975
223968898737.73 1976
232194799079.12 1977
250618338098.3 1978
275848649817.25 1979
301336307388.36 1980
326655491740.96 1981
329812469229.39 1982
326471208987.28 1983
336251196236.39 1984
338622667841.12 1985
332168035208.81 1986
336312098401.59 1987
340452072475.49 1988
353288980003.43 1989
368588551417.44 1990
386471069802.61 1991
400673007034.16 1992
418046180540.99 1993
436046745267.12 1994
420458257134.83 1995
436308263393.2 1996
465183316203.31 1997
491715397974.39 1998
508520927712.23 1999
536085841297.76 2000
535587460864.51 2001
538807738644.24 2002
543898922650.88 2003
563050320824.15 2004
575265484892.34 2005
601145415970.65 2006
618244258132.61 2007
629004419029.23 2008
599364779992.75 2009
634476165655.67 2010
661304534364.9 2011
685224145294.48 2012
696956374951.29 2013
712551563731.7 2014
734117600555.32 2015
752658505248.67 2016
771415090103.78 2017
793858068134.88 2018
796815920215.77 2019
729886923110.44 2020
767034927304.01 2021
791125867327.95 2022
Mexico | 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
United Mexican States
Records
63
Source