Services sector's share of GDP in Nicaragua

In 2023, the share of value added by the services industry to gross domestic product in Nicaragua remained nearly unchanged at around 46.31 percent. Yet 2023 saw the lowest share in Nicaragua with 46.31 percent.
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

Find more statistics on other topics about Nicaragua with key insights such as value added by the agriculture, forestry, and fishing sector to the gross domestic product, national gross income per capita, and value added to gross domestic product by the manufacturing sector.

Share of value added by the services industry to gross domestic product (GDP) in Nicaragua from 2010 to 2023

Characteristic	Share of GDP
2023	46.31%
2022	46.36%
2021	46.45%
2020	49.03%
2019	50.47%
2018	51.01%
2017	50.28%
2016	49.47%
2015	48.57%
2014	48.55%
2013	48.36%
2012	48.04%
2011	48.45%
2010	51.74%

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Release date

October 2024

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Region

Nicaragua

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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