Brazil - Services, etc., value added (% of GDP)

Services, etc., value added (% of GDP) in Brazil was 73.30 as of 2016. Its highest value over the past 56 years was 73.30 in 2016, while its lowest value was 38.76 in 1961.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1960 42.34
1961 38.76
1962 49.32
1963 44.60
1964 47.76
1965 47.71
1966 49.18
1967 51.04
1968 49.49
1969 49.42
1970 49.35
1971 48.94
1972 48.57
1973 47.64
1974 47.02
1975 47.73
1976 47.28
1977 46.68
1978 48.25
1979 48.35
1980 45.16
1981 45.54
1982 45.44
1983 45.11
1984 42.82
1985 43.15
1986 43.68
1987 44.11
1988 46.24
1989 48.81
1990 53.21
1991 56.05
1992 53.58
1993 50.83
1994 50.15
1995 66.70
1996 68.99
1997 68.96
1998 69.46
1999 69.52
2000 67.73
2001 67.78
2002 67.22
2003 65.83
2004 64.69
2005 66.05
2006 67.18
2007 67.70
2008 67.26
2009 69.18
2010 67.78
2011 67.72
2012 69.07
2013 69.87
2014 71.18
2015 72.68
2016 73.30

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.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts