Mauritius - Services, value added (% of GDP)

Services, value added (% of GDP) in Mauritius was 68.24 as of 2020. Its highest value over the past 44 years was 68.24 in 2020, while its lowest value was 44.40 in 1986.

Definition: Services correspond to ISIC divisions 50-99 and they include 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 46.47
1977 48.22
1978 49.23
1979 47.37
1980 52.47
1981 52.30
1982 51.41
1983 51.34
1984 49.62
1985 46.34
1986 44.40
1987 46.12
1988 47.39
1989 48.66
1990 46.05
1991 47.05
1992 47.53
1993 48.44
1994 50.39
1995 51.04
1996 51.56
1997 52.61
1998 52.56
1999 55.79
2000 55.99
2001 56.24
2002 57.08
2003 57.37
2004 57.50
2005 59.55
2006 61.85
2007 61.89
2008 61.61
2009 62.23
2010 62.86
2011 63.19
2012 63.62
2013 64.37
2014 65.67
2015 66.30
2016 67.00
2017 67.41
2018 67.51
2019 67.66
2020 68.24

Limitations and Exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts