Ecuador: services sector share of GDP 2006-2022
Value added is the net output of a sector after adding up all outputs and subtracting intermediate outputs. It refers to the contribution of a sector or industry 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.
Find more statistics on other topics about Ecuador with key insights such as national gross income per capita, value added by the services industry to the gross domestic product, value added by the agriculture, and forestry and fishing sector to the gross domestic product.