Services sector share of GDP Argentina 2007-2023

In 2023, the share of value added by the services industry to gross domestic product in Argentina remained nearly unchanged at around 52.78 percent. In comparison to 2022, the share decreased not significantly by 0.3 percentage points (-0.57 percent).
Value added is the net output of a sector after adding up all outputs and subtracting intermediate outputs. It refers to the contribution of a sector or industry to the overall GDP. The components of value added consist of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.

Find more statistics on other topics about Argentina with key insights such as value added by the services industry to the gross domestic product, value added to gross domestic product by the manufacturing sector, and national gross income per capita.

Share of value added by the services industry to gross domestic product (GDP) in Argentina from 2007 to 2023

Characteristic	Share of GDP
2023	52.78%
2022	53.05%
2021	52.45%
2020	54.86%
2019	55.44%
2018	56.37%
2017	57.35%
2016	56.12%
2015	55.81%
2014	52.94%
2013	53.92%
2012	53.66%
2011	51.81%
2010	51.5%
2009	53.31%
2008	50.26%
2007	49.51%

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Release date

October 2024

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Region

Argentina

Survey time period

2007 to 2023

Supplementary notes

Data represents the share of value added by wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. 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 source does not provide a date of release, the date given is the one of last access.
Figures have been rounded.

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