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

Services, etc., value added (% of GDP) in Mauritius was 75.56 as of 2016. Its highest value over the past 40 years was 75.56 in 2016, while its lowest value was 50.79 in 1976.

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
1976 50.79
1977 53.45
1978 54.73
1979 53.90
1980 60.66
1981 59.65
1982 58.84
1983 60.50
1984 57.78
1985 53.99
1986 51.58
1987 51.61
1988 53.03
1989 54.04
1990 54.36
1991 55.23
1992 55.20
1993 56.35
1994 57.79
1995 57.59
1996 57.96
1997 59.69
1998 59.87
1999 62.67
2000 62.06
2001 61.50
2002 63.11
2003 63.44
2004 64.42
2005 66.38
2006 69.42
2007 69.69
2008 69.21
2009 69.56
2010 70.65
2011 71.41
2012 72.12
2013 72.86
2014 73.99
2015 74.75
2016 75.56

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