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

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