Services sector share of GDP in Brazil 2023

The share of value added by the services industry to gross domestic product in Brazil saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 58.88 percent. However, 2023 marked the second consecutive increase of the share.
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

Find more statistics on other topics about Brazil with key insights such as personal remittances received, value added to gross domestic product by the manufacturing sector, and value added by the services industry to the gross domestic product.

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

Characteristic	Share of GDP
2023	58.88%
2022	58.09%
2021	56.91%
2020	61.45%
2019	63.07%
2018	62.65%
2017	63.34%
2016	63.2%
2015	62.31%
2014	61.25%
2013	59.68%
2012	58.73%
2011	57.57%
2010	57.61%
2009	59.15%
2008	56.8%
2007	57.73%

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Release date

October 2024

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Region

Brazil

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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