St. Vincent & the Grenadines: services value added to GDP 2013-2022
Value added of a sector is the contribution of a sector to the overall GDP. The components of value added consist of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus. Value added equals the difference between a sector’s gross output and the cost of its intermediate inputs.
Find more statistics on other topics about St. Vincent & the Grenadines with key insights such as value added by the agriculture, forestry and fishing sector to the gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product, and value added by the services industry to the gross domestic product.