Services sector share of GDP in Guatemala 2007-2023

The share of value added by the services industry to gross domestic product in Guatemala saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 62.39 percent.
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 Guatemala with key insights such as national gross income per capita, 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 Guatemala from 2007 to 2023

Characteristic	Share of GDP
2023	62.39%
2022	62.04%
2021	62.19%
2020	62.02%
2019	62.52%
2018	63.06%
2017	62.47%
2016	61.89%
2015	61.45%
2014	60.9%
2013	60.84%
2012	59.53%
2011	58.98%
2010	59.47%
2009	58.94%
2008	58.04%
2007	57.01%

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Release date

October 2024

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Region

Guatemala

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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