Services sector value added to GDP Argentina 2023

In 2023, the value added by the services industry to the gross domestic product in Argentina remained nearly unchanged at around 341.95 billion U.S. dollars. Nevertheless, 2023 still represents a peak in the value added in Argentina.
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 Argentina with key insights such as national gross income per capita, value added by the agriculture, forestry and fishing sector to the gross domestic product, and consumer expenditure.

Value added by the services industry to the gross domestic product (GDP) in Argentina from 2012 to 2023 (in billion U.S. dollars)

Characteristic	Value in billion U.S. dollars
2023	341.95
2022	339.69
2021	320.56
2020	292.9
2019	327.48
2018	337.79
2017	340.47
2016	331.93
2015	331.96
2014	323.36
2013	328.76
2012	322.6

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Release date

October 2024

More information

Region

Argentina

Survey time period

2012 to 2023

Special properties

Values in constant U.S. dollars based on 2015 prices

Supplementary notes

Data represents the value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. 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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