Services, value added per worker (constant 2015 US$)

This metric serves as a critical indicator of labor efficiency within the services sector, reflecting the economic contribution of each worker in terms of productivity. By calculating value added—defined as the difference between total outputs and the costs of intermediate inputs—within the framework of constant 2015 U.S. dollars, it allows for a consistent comparison across time and geographical regions. Encompassing a diverse array of activities, including trade, hospitality, transportation, financial services, and community support, this measure highlights the evolving landscape of the service industry. As global economies increasingly pivot towards service-oriented models, understanding this productivity metric is essential for assessing growth potential and strategic investments in human capital. Source: