Services sector's value added to GDP per worker Ecuador

The value added by the services industry to the gross domestic product in Ecuador increased by 582.8 U.S. dollars per worker (+4 percent) in 2022. Therefore, the value added in Ecuador reached a peak in 2022 with 15,165.47 U.S. dollars per worker.
Value added per worker is a widely used method to measure labor productivity. It is calculated by dividing value added of a sector by the number of employed in the sector. Value added means the value of the gross output of producers less the value of intermediate goods and services consumer in production.

Find more statistics on other topics about Ecuador with key insights such as national gross income per capita, share of value added by the services industry to gross domestic product, value added by the agriculture, and forestry and fishing sector to the gross domestic product.

Value added by the services industry to the gross domestic product (GDP) per worker in Ecuador from 2013 to 2022 (in U.S. dollars)

Characteristic	Value in U.S. dollars
2022	15,165.47
2021	14,582.67
2020	14,858.47
2019	14,486.9
2018	14,665.66
2017	13,968.17
2016	13,637.74
2015	14,214.63
2014	14,599.11
2013	14,180.99

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Release date

October 2024

More information

Region

Ecuador

Survey time period

2013 to 2022

Special properties

Values in constant U.S. dollars based on 2010 prices

Supplementary notes

Data represents the value added in wholesale and retail trade (including hotels and restaurants), transport, 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.

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