Services sector share of GDP in Uruguay 2007-2023

The share of value added by the services industry to gross domestic product in Uruguay increased by 2.4 percentage points (+3.75 percent) in 2023. Therefore, the share in Uruguay reached a peak in 2023 with 66.3 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 Uruguay with key insights such as national gross income per capita, value added by the agriculture, forestry, and fishing sector to the gross domestic product, value added by the agriculture, and forestry and fishing sector to the gross domestic product.

Share of value added by the services industry to gross domestic product (GDP) in Uruguay from 2007 to 2023

Characteristic	Share of GDP
2023	66.3%
2022	63.93%
2021	63.21%
2020	64.28%
2019	64.88%
2018	64.73%
2017	65.36%
2016	63.52%
2015	59.33%
2014	59.1%
2013	59.1%
2012	59.34%
2011	58.29%
2010	58.24%
2009	58.37%
2008	57.64%
2007	56.88%

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Release date

September 2024

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Region

Uruguay

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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