Services sector's value added to GDP in Uruguay

In 2023, the value added by the services industry to the gross domestic product in Uruguay remained nearly unchanged at around 38.01 billion U.S. dollars. Nevertheless, 2023 still represents a peak in the value added in Uruguay.
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 Uruguay with key insights such as value added by the agriculture, forestry, and fishing sector to the gross domestic product, share of value added by the manufacturing industry to the gross domestic product, and national gross income per capita.

Value added by the services industry to the gross domestic product (GDP) in Uruguay from 2014 to 2023 (in billion U.S. dollars)

Characteristic	Value in billion U.S. dollars
2023	38.01
2022	37.58
2021	35.37
2020	33.85
2019	36.53
2018	35.94
2017	36.14
2016	34.86
2015	34.22
2014	33.83

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Release date

October 2024

More information

Region

Uruguay

Survey time period

2014 to 2023

Special properties

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.

Figures have been rounded.

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