Services sector's share of GDP in Dominica

The share of value added by the services industry to gross domestic product in Dominica saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 58.45 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 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 Dominica with key insights such as value added by the agriculture, forestry, and fishing sector 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 Dominica from 2010 to 2023

Characteristic	Share of GDP
2023	58.45%
2022	58.05%
2021	56%
2020	57.89%
2019	55.44%
2018	53.41%
2017	60.55%
2016	56.87%
2015	58.66%
2014	59%
2013	59.12%
2012	60.15%
2011	59.03%
2010	60.29%

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Release date

October 2024

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Region

Dominica

Survey time period

2010 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.

Figures have been rounded.

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