Guatemala - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Guatemala was 13,049 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 13,837 in 2008 and 9,174 in 1991.

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
1991 9,174
1992 9,266
1993 9,341
1994 9,492
1995 9,660
1996 9,614
1997 9,613
1998 9,712
1999 9,965
2000 10,301
2001 13,603
2002 13,215
2003 12,756
2004 12,660
2005 12,784
2006 13,134
2007 13,598
2008 13,837
2009 13,664
2010 13,799
2011 13,346
2012 11,941
2013 12,346
2014 12,840
2015 13,056
2016 12,916
2017 13,051
2018 13,042
2019 13,049

Services, value added (current US$)

The latest value for Services, value added (current US$) in Guatemala was $48,012,610,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $48,251,780,000 in 2019 and $721,895,400 in 1965.

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
1965 $721,895,400
1966 $746,167,600
1967 $785,282,500
1968 $860,252,900
1969 $920,160,000
1970 $1,028,523,000
1971 $1,061,608,000
1972 $1,112,605,000
1973 $1,359,329,000
1974 $1,687,540,000
1975 $1,949,015,000
1976 $2,296,253,000
1977 $2,894,375,000
1978 $3,214,983,000
1979 $3,664,853,000
1980 $4,188,975,000
1981 $4,585,034,000
1982 $4,675,744,000
1983 $4,900,929,000
1984 $5,172,274,000
1985 $5,296,247,000
1986 $3,926,886,000
1987 $3,837,960,000
1988 $4,231,374,000
1989 $4,563,672,000
1990 $4,156,549,000
1991 $5,143,683,000
1992 $5,711,738,000
1993 $6,298,955,000
1994 $7,248,176,000
1995 $8,234,532,000
1996 $8,818,422,000
1997 $10,015,610,000
1998 $10,971,200,000
1999 $10,411,040,000
2000 $11,069,420,000
2001 $10,085,010,000
2002 $11,109,420,000
2003 $11,833,540,000
2004 $12,959,520,000
2005 $15,063,560,000
2006 $16,872,470,000
2007 $19,138,250,000
2008 $22,347,450,000
2009 $21,881,030,000
2010 $24,190,110,000
2011 $27,646,090,000
2012 $29,522,230,000
2013 $32,242,700,000
2014 $35,231,290,000
2015 $38,212,780,000
2016 $40,878,570,000
2017 $44,765,310,000
2018 $46,142,340,000
2019 $48,251,780,000
2020 $48,012,610,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Guatemala was 370,737,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 371,379,000,000 in 2019 and a minimum value of 721,895,400 in 1965.

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
1965 721,895,400
1966 746,167,600
1967 785,282,500
1968 860,252,900
1969 920,160,000
1970 1,028,523,000
1971 1,061,608,000
1972 1,112,605,000
1973 1,359,329,000
1974 1,687,540,000
1975 1,949,015,000
1976 2,296,253,000
1977 2,894,375,000
1978 3,214,983,000
1979 3,664,853,000
1980 4,188,975,000
1981 4,585,034,000
1982 4,675,744,000
1983 4,900,929,000
1984 5,172,274,000
1985 6,090,684,000
1986 8,599,880,000
1987 9,594,899,000
1988 11,086,200,000
1989 12,851,300,000
1990 18,645,450,000
1991 25,867,070,000
1992 29,533,110,000
1993 35,497,130,000
1994 41,685,710,000
1995 47,847,570,000
1996 53,714,770,000
1997 60,731,640,000
1998 70,154,260,000
1999 76,888,680,000
2000 85,934,130,000
2001 79,254,030,000
2002 86,894,550,000
2003 93,969,000,000
2004 102,983,000,000
2005 114,994,000,000
2006 128,275,000,000
2007 146,854,000,000
2008 168,947,000,000
2009 178,584,000,000
2010 194,919,000,000
2011 215,236,000,000
2012 231,265,000,000
2013 253,324,000,000
2014 272,415,000,000
2015 292,511,000,000
2016 310,673,000,000
2017 328,931,000,000
2018 346,953,000,000
2019 371,379,000,000
2020 370,737,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Guatemala was 42,968,360,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 43,803,500,000 in 2019 and 3,162,831,000 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, 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
1960 3,162,831,000
1961 3,263,741,000
1962 3,409,610,000
1963 3,776,952,000
1964 4,005,318,000
1965 4,230,014,000
1966 4,448,287,000
1967 4,670,226,000
1968 5,103,371,000
1969 5,341,191,000
1970 5,721,227,000
1971 6,010,581,000
1972 6,367,474,000
1973 6,817,834,000
1974 7,337,722,000
1975 7,394,914,000
1976 8,027,656,000
1977 8,699,540,000
1978 9,106,732,000
1979 9,448,945,000
1980 9,706,220,000
1981 9,762,141,000
1982 9,327,503,000
1983 9,047,318,000
1984 9,152,759,000
1985 8,950,183,000
1986 8,818,777,000
1987 9,086,836,000
1988 9,384,745,000
1989 9,745,424,000
1990 9,971,487,000
1991 10,374,020,000
1992 10,843,720,000
1993 11,308,550,000
1994 11,905,590,000
1995 12,564,020,000
1996 12,920,250,000
1997 13,430,340,000
1998 14,128,330,000
1999 14,649,270,000
2000 15,299,100,000
2001 22,045,950,000
2002 22,778,420,000
2003 23,511,230,000
2004 24,443,350,000
2005 25,381,320,000
2006 26,816,500,000
2007 28,564,800,000
2008 29,959,580,000
2009 30,353,210,000
2010 31,481,680,000
2011 32,704,480,000
2012 33,882,030,000
2013 35,152,930,000
2014 36,547,450,000
2015 38,212,780,000
2016 39,373,590,000
2017 40,722,380,000
2018 42,184,680,000
2019 43,803,500,000
2020 42,968,360,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Guatemala was -1.91 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 44.10 in 2001 and a minimum value of -4.45 in 1982.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 3.19
1962 4.47
1963 10.77
1964 6.05
1965 5.61
1966 5.16
1967 4.99
1968 9.27
1969 4.66
1970 7.12
1971 5.06
1972 5.94
1973 7.07
1974 7.63
1975 0.78
1976 8.56
1977 8.37
1978 4.68
1979 3.76
1980 2.72
1981 0.58
1982 -4.45
1983 -3.00
1984 1.17
1985 -2.21
1986 -1.47
1987 3.04
1988 3.28
1989 3.84
1990 2.32
1991 4.04
1992 4.53
1993 4.29
1994 5.28
1995 5.53
1996 2.84
1997 3.95
1998 5.20
1999 3.69
2000 4.44
2001 44.10
2002 3.32
2003 3.22
2004 3.96
2005 3.84
2006 5.65
2007 6.52
2008 4.88
2009 1.31
2010 3.72
2011 3.88
2012 3.60
2013 3.75
2014 3.97
2015 4.56
2016 3.04
2017 3.43
2018 3.59
2019 3.84
2020 -1.91

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Guatemala was 309,645,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 315,663,000,000 in 2019 and a minimum value of 22,792,480,000 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 constant local currency.

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

Year Value
1960 22,792,480,000
1961 23,519,670,000
1962 24,570,850,000
1963 27,218,040,000
1964 28,863,730,000
1965 30,482,970,000
1966 32,055,920,000
1967 33,655,290,000
1968 36,776,690,000
1969 38,490,500,000
1970 41,229,170,000
1971 43,314,360,000
1972 45,886,260,000
1973 49,131,720,000
1974 52,878,210,000
1975 53,290,350,000
1976 57,850,120,000
1977 62,691,950,000
1978 65,626,320,000
1979 68,092,420,000
1980 69,946,430,000
1981 70,349,430,000
1982 67,217,280,000
1983 65,198,150,000
1984 65,958,000,000
1985 64,498,170,000
1986 63,551,210,000
1987 65,482,930,000
1988 67,629,780,000
1989 70,228,960,000
1990 71,858,040,000
1991 74,758,850,000
1992 78,143,640,000
1993 81,493,370,000
1994 85,795,910,000
1995 90,540,720,000
1996 93,107,900,000
1997 96,783,790,000
1998 101,814,000,000
1999 105,568,000,000
2000 110,251,000,000
2001 158,871,000,000
2002 164,149,000,000
2003 169,430,000,000
2004 176,147,000,000
2005 182,907,000,000
2006 193,249,000,000
2007 205,848,000,000
2008 215,899,000,000
2009 218,736,000,000
2010 226,868,000,000
2011 235,680,000,000
2012 244,166,000,000
2013 253,324,000,000
2014 263,374,000,000
2015 275,375,000,000
2016 283,740,000,000
2017 293,460,000,000
2018 303,998,000,000
2019 315,663,000,000
2020 309,645,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Guatemala was 61.87 as of 2020. Its highest value over the past 55 years was 63.03 in 2018, while its lowest value was 52.60 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 or 4.

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

See also:

Year Value
1965 54.22
1966 53.65
1967 54.03
1968 53.42
1969 53.64
1970 54.02
1971 53.49
1972 52.95
1973 52.91
1974 53.38
1975 53.46
1976 52.60
1977 52.81
1978 52.96
1979 53.09
1980 53.17
1981 53.27
1982 53.64
1983 54.15
1984 54.62
1985 54.48
1986 54.30
1987 54.17
1988 53.96
1989 54.26
1990 54.33
1991 54.68
1992 54.71
1993 55.25
1994 55.83
1995 56.19
1996 56.26
1997 56.30
1998 56.57
1999 56.83
2000 57.39
2001 54.79
2002 54.34
2003 54.84
2004 54.97
2005 56.24
2006 56.72
2007 57.01
2008 58.04
2009 58.94
2010 59.47
2011 58.98
2012 59.53
2013 60.84
2014 60.90
2015 61.45
2016 61.89
2017 62.47
2018 63.03
2019 62.65
2020 61.87

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts