Services sector's share of GDP in Cuba

The share of value added by the services industry to gross domestic product in Cuba saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 74.61 percent. With a decline of 0.4 percentage points (-0.53 percent), there is no significant change to 2021.
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.

Find more statistics on other topics about Cuba with key insights such as growth rate of the real gross domestic product, value added by the agriculture, forestry and fishing sector to the gross domestic product, and share of value added by the manufacturing industry to the gross domestic product.

Share of value added by the services industry to gross domestic product (GDP) in Cuba from 2008 to 2022

Characteristic	Share of GDP
2022	74.61%
2021	74.96%
2020	73.51%
2019	70.41%
2018	70.21%
2017	70.82%
2016	72.05%
2015	72.76%
2014	72.88%
2013	71.77%
2012	71.66%
2011	73.01%
2010	72.47%
2009	72.45%
2008	72.32%

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Release date

October 2024

More information

Region

Cuba

Survey time period

2008 to 2022

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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