In 2023, the value added by the services industry to the gross domestic product in Ecuador increased by 1.5 billion U.S. dollars (+2.28 percent) since 2022. While the growth is slowing down, with 67.22 billion U.S. dollars, the value added is at its peak in the observed period. 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
Values in constant U.S. dollars based on 2010 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.
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World Bank. (June 28, 2024). Value added by the services industry to the gross domestic product (GDP) in Ecuador from 2014 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1074891/ecuador-services-sector-value-added-gdp/
World Bank. "Value added by the services industry to the gross domestic product (GDP) in Ecuador from 2014 to 2023 (in billion U.S. dollars)." Chart. June 28, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1074891/ecuador-services-sector-value-added-gdp/
World Bank. (2024). Value added by the services industry to the gross domestic product (GDP) in Ecuador from 2014 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1074891/ecuador-services-sector-value-added-gdp/
World Bank. "Value Added by The Services Industry to The Gross Domestic Product (Gdp) in Ecuador from 2014 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1074891/ecuador-services-sector-value-added-gdp/
World Bank, Value added by the services industry to the gross domestic product (GDP) in Ecuador from 2014 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1074891/ecuador-services-sector-value-added-gdp/ (last visited August 24, 2024)
Value added by the services industry to the gross domestic product (GDP) in Ecuador from 2014 to 2023 (in billion U.S. dollars) [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1074891/ecuador-services-sector-value-added-gdp/