The value added by the services industry to the gross domestic product in St. Vincent & Grenadines increased by 951.9 U.S. dollars per worker (+5.16 percent) in 2022. Therefore, the value added in St. Vincent & Grenadines reached a peak in 2022 with 19,412.96 U.S. dollars per worker. Value added per worker is a measure of labor productivity. It is calculated by dividing value added of a sector by the number of employed in the sector.
Value added by the services industry to the gross domestic product (GDP) per worker in Saint Vincent and the Grenadines from 2013 to 2022
(in U.S. dollars)
Values in constant U.S. dollars based on 2010 prices
Supplementary notes
Data represents the value added in wholesale and retail trade (including hotels and restaurants), transport, 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.
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World Bank. (June 28, 2024). Value added by the services industry to the gross domestic product (GDP) per worker in Saint Vincent and the Grenadines from 2013 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072553/st-vincent-grenadines-services-sector-value-added-gdp-per-worker/
World Bank. "Value added by the services industry to the gross domestic product (GDP) per worker in Saint Vincent and the Grenadines from 2013 to 2022 (in U.S. dollars)." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072553/st-vincent-grenadines-services-sector-value-added-gdp-per-worker/
World Bank. (2024). Value added by the services industry to the gross domestic product (GDP) per worker in Saint Vincent and the Grenadines from 2013 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072553/st-vincent-grenadines-services-sector-value-added-gdp-per-worker/
World Bank. "Value Added by The Services Industry to The Gross Domestic Product (Gdp) per Worker in Saint Vincent and The Grenadines from 2013 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072553/st-vincent-grenadines-services-sector-value-added-gdp-per-worker/
World Bank, Value added by the services industry to the gross domestic product (GDP) per worker in Saint Vincent and the Grenadines from 2013 to 2022 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072553/st-vincent-grenadines-services-sector-value-added-gdp-per-worker/ (last visited September 20, 2024)
Value added by the services industry to the gross domestic product (GDP) per worker in Saint Vincent and the Grenadines from 2013 to 2022 (in U.S. dollars) [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072553/st-vincent-grenadines-services-sector-value-added-gdp-per-worker/