Home/Countries/Venezuela/Services Value Added (% of GDP)

Venezuela—Services Value Added (% of GDP)

Category: EconomySource: World Bank World Development Indicators ↗Series years: 2000–2011
Latest Value
0.0%
2011
Maximum
0.0%
2000
Minimum
0.0%
2000
Last
0.0%
Previous
0.0%
Highest
0.0%
Lowest
0.0%
Unit
% of GDP
Source
World Bank World Development Indicators

Venezuela's services value added (% of GDP) was 0.0% in 2011. Over the past 12 years, the highest recorded value was 0.0% (2000) and the lowest was 0.0% (2000). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20110.0%
20100.0%
20090.0%
20080.0%
20070.0%
20060.0%
20050.0%
20040.0%
20030.0%
20020.0%
20010.0%
20000.0%

Top Countries — Services Value Added (% of GDP)

#CountryValueYear
1Isle of Man95.2%2023
2Macao92.0%2024
3Hong Kong91.5%2024
4Bermuda91.3%2024
5Channel Islands91.2%2023
6Sint Maarten89.3%2021
7Monaco87.2%2024
8Cayman Islands86.5%2024
9Luxembourg81.4%2025
10Sao Tome and Principe81.4%2025
View all 201 countries →

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 restaurants, 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).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2011View original source →