In 2022, the share of value added by the services industry to gross domestic product in Grenada remained nearly unchanged at around 64.8 percent. Still, 2022 marked the third consecutive decline 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
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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World Bank. (May 30, 2024). Share of value added by the services industry to gross domestic product (GDP) in Grenada from 2006 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1072974/grenada-services-sector-share-gdp/
World Bank. "Share of value added by the services industry to gross domestic product (GDP) in Grenada from 2006 to 2022." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1072974/grenada-services-sector-share-gdp/
World Bank. (2024). Share of value added by the services industry to gross domestic product (GDP) in Grenada from 2006 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1072974/grenada-services-sector-share-gdp/
World Bank. "Share of Value Added by The Services Industry to Gross Domestic Product (Gdp) in Grenada from 2006 to 2022." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1072974/grenada-services-sector-share-gdp/
World Bank, Share of value added by the services industry to gross domestic product (GDP) in Grenada from 2006 to 2022 Statista, https://www.statista.com/statistics/1072974/grenada-services-sector-share-gdp/ (last visited July 22, 2024)
Share of value added by the services industry to gross domestic product (GDP) in Grenada from 2006 to 2022 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1072974/grenada-services-sector-share-gdp/