Puerto Rico - Services

Services, value added per worker (constant 2010 US$)

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
2015 59,043

Services, value added (current US$)

The latest value for Services, value added (current US$) in Puerto Rico was $50,374,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $50,727,400,000 in 2013 and $1,008,500,000 in 1960.

Definition: Services correspond to ISIC divisions 50-99. 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 and import duties. 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. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $1,008,500,000
1963 $1,409,400,000
1964 $1,585,800,000
1965 $1,807,700,000
1966 $2,024,500,000
1967 $2,228,800,000
1968 $2,466,200,000
1969 $2,791,000,000
1970 $3,188,600,000
1971 $3,429,700,000
1972 $3,889,900,000
1973 $4,387,700,000
1974 $4,688,900,000
1975 $5,258,400,000
1976 $5,590,200,000
1977 $6,121,200,000
1978 $6,738,700,000
1979 $7,473,200,000
1980 $8,214,200,000
1981 $8,854,400,000
1982 $9,506,000,000
1983 $10,016,600,000
1984 $10,934,900,000
1985 $11,597,600,000
1986 $12,569,500,000
1987 $13,836,100,000
1988 $15,093,700,000
1989 $16,042,900,000
1990 $17,444,700,000
1991 $18,654,000,000
1992 $19,668,700,000
1993 $18,998,900,000
1994 $22,334,700,000
1995 $24,159,200,000
1996 $25,874,100,000
1997 $27,926,200,000
1998 $29,912,000,000
1999 $31,976,100,000
2000 $32,288,100,000
2001 $34,633,700,000
2002 $35,677,600,000
2003 $37,595,000,000
2004 $39,780,100,000
2005 $43,639,640,000
2006 $45,641,580,000
2007 $47,680,280,000
2008 $49,049,700,000
2009 $47,722,700,000
2010 $47,776,200,000
2011 $49,038,000,000
2012 $49,755,900,000
2013 $50,727,400,000
2014 $50,188,200,000
2015 $49,491,700,000
2016 $50,444,000,000
2017 $50,109,860,000
2018 $49,267,600,000
2019 $50,582,600,000
2020 $50,374,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Puerto Rico was 50,374,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 50,727,400,000 in 2013 and a minimum value of 1,008,500,000 in 1960.

Definition: Services correspond to ISIC divisions 50-99. 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 and import duties. 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. Data are in current local currency.

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

Year Value
1960 1,008,500,000
1963 1,409,400,000
1964 1,585,800,000
1965 1,807,700,000
1966 2,024,500,000
1967 2,228,800,000
1968 2,466,200,000
1969 2,791,000,000
1970 3,188,600,000
1971 3,429,700,000
1972 3,889,900,000
1973 4,387,700,000
1974 4,688,900,000
1975 5,258,400,000
1976 5,590,200,000
1977 6,121,200,000
1978 6,738,700,000
1979 7,473,200,000
1980 8,214,200,000
1981 8,854,400,000
1982 9,506,000,000
1983 10,016,600,000
1984 10,934,900,000
1985 11,597,600,000
1986 12,569,500,000
1987 13,836,100,000
1988 15,093,700,000
1989 16,042,900,000
1990 17,444,700,000
1991 18,654,000,000
1992 19,668,700,000
1993 18,998,900,000
1994 22,334,700,000
1995 24,159,200,000
1996 25,874,100,000
1997 27,926,200,000
1998 29,912,000,000
1999 31,976,100,000
2000 32,288,100,000
2001 34,633,700,000
2002 35,677,600,000
2003 37,595,000,000
2004 39,780,100,000
2005 43,639,640,000
2006 45,641,580,000
2007 47,680,280,000
2008 49,049,700,000
2009 47,722,700,000
2010 47,776,200,000
2011 49,038,000,000
2012 49,755,900,000
2013 50,727,400,000
2014 50,188,200,000
2015 49,491,700,000
2016 50,444,000,000
2017 50,109,860,000
2018 49,267,600,000
2019 50,582,600,000
2020 50,374,000,000

Services, value added (constant 2010 US$)

Definition: Services correspond to ISIC divisions 50-99. 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. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2015 49,491,700,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Puerto Rico was 48.84 as of 2020. Its highest value over the past 60 years was 64.14 in 1975, while its lowest value was 47.88 in 2015.

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
1960 59.61
1963 60.40
1964 61.69
1965 62.73
1966 63.85
1967 63.09
1968 62.57
1969 62.57
1970 63.33
1971 60.74
1972 61.46
1973 62.66
1974 61.02
1975 64.14
1976 62.33
1977 61.76
1978 60.36
1979 58.61
1980 56.90
1981 55.49
1982 56.70
1983 57.98
1984 57.06
1985 57.16
1986 57.11
1987 57.59
1988 57.20
1989 56.97
1990 57.00
1991 57.78
1992 56.80
1993 51.46
1994 56.27
1995 56.65
1996 57.07
1997 57.95
1998 55.30
1999 55.28
2000 52.33
2001 50.04
2002 49.81
2003 50.24
2004 49.53
2005 52.00
2006 52.30
2007 53.26
2008 52.38
2009 49.51
2010 48.56
2011 48.87
2012 48.99
2013 49.51
2014 48.99
2015 47.88
2016 48.35
2017 48.44
2018 48.82
2019 48.21
2020 48.84

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts