Services sector share of GDP in Mexico 2007-2023

In 2023, the share of value added by the services industry to gross domestic product in Mexico remained nearly unchanged at around 58.32 percent.
Value added of a sector is the contribution of a sector 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. Value added equals the difference between a sector’s gross output and the cost of its intermediate inputs.

Find more statistics on other topics about Mexico with key insights such as value added by the services industry to the gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product, 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 Mexico from 2007 to 2023

Characteristic	Share of GDP
2023	58.32%
2022	58.01%
2021	58.2%
2020	59.24%
2019	59.23%
2018	59.27%
2017	59.37%
2016	60.08%
2015	60.51%
2014	60.08%
2013	61.07%
2012	59.94%
2011	59.89%
2010	60.48%
2009	60.95%
2008	59.68%
2007	59.3%

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Release date

October 2024

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Region

Mexico

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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