Guinea-Bissau—Services Value Added (% of GDP)
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 37.9% | -10.1% |
| 2023 | 42.1% | -3.0% |
| 2022 | 43.5% | +1.0% |
| 2021 | 43.0% | -8.8% |
| 2020 | 47.2% | -0.8% |
| 2019 | 47.5% | +5.8% |
| 2018 | 44.9% | -0.3% |
| 2017 | 45.1% | -0.8% |
| 2016 | 45.4% | +0.7% |
| 2015 | 45.1% | +3.1% |
| 2014 | 43.8% | +4.4% |
| 2013 | 41.9% | +0.3% |
| 2012 | 41.8% | -1.2% |
| 2011 | 42.3% | +3.6% |
| 2010 | 40.8% | +1.8% |
| 2009 | 40.1% | -3.5% |
| 2008 | 41.5% | +3.0% |
| 2007 | 40.3% | +2.2% |
| 2006 | 39.5% | +1.1% |
| 2005 | 39.0% | -9.3% |
| 2004 | 43.0% | +9.2% |
| 2003 | 39.4% | -5.8% |
| 2002 | 41.8% | -5.9% |
| 2001 | 44.4% | +3.0% |
| 2000 | 43.1% |
Top Countries — Services Value Added (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Isle of Man | 95.1% | 2022 |
| 2 | Hong Kong SAR, China | 91.8% | 2024 |
| 3 | Bermuda | 91.5% | 2023 |
| 4 | Channel Islands | 91.2% | 2023 |
| 5 | Macao SAR, China | 90.9% | 2023 |
| 6 | Sint Maarten (Dutch part) | 89.3% | 2021 |
| 7 | Monaco | 87.2% | 2024 |
| 8 | Cayman Islands | 86.0% | 2023 |
| 9 | Malta | 81.8% | 2024 |
| 10 | Luxembourg | 81.2% | 2024 |
About This Indicator
Definition
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).