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In 2023, the value added by the services industry to the gross domestic product in Chile remained nearly unchanged at around 175.63 billion U.S. dollars. Still, the value added reached its highest value in the observed period in 2023.
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 Chile with key insights such as value added to gross domestic product by the manufacturing sector, 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.

Value added by the services industry to the gross domestic product (GDP) in Chile from 2012 to 2023 (in billion U.S. dollars)

Characteristic	Value in billion U.S. dollars
2023	175.63
2022	174.06
2021	165.26
2020	143.15
2019	155.08
2018	152.62
2017	147.4
2016	145.04
2015	141.46
2014	137.89
2013	134.46
2012	130.29

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Release date

October 2024

More information

Region

Chile

Survey time period

2012 to 2023

Special properties

Values in constant U.S. dollars based on 2015 prices

Supplementary notes

Data represents the 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 source does not provide a date of release, the date given is the one of last access.
Figures have been rounded.

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