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Economy > National accounts > Shares of GDP and other Stats: compare key data on Mexico & Ukraine

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Definitions

  • Agriculture > Value added > % of GDP: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • Exports > Goods and services > % of GDP: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • External balance on goods and services > % of GDP: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
  • Final > Consumption expenditure > Etc. > % of GDP: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
  • General government final > Consumption expenditure > % of GDP: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation."
  • Gross capital formation > % of GDP: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • Gross domestic savings > % of GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
  • Gross fixed capital formation > % of GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • Gross national expenditure > % of GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment)."
  • Gross savings > % of GNI: Gross savings are calculated as gross national income less total consumption, plus net transfers."
  • Industry > Value added > % of GDP: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • Manufacturing > Value added > % of GDP: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • Services > Etc. > Value added > % of GDP: Services correspond to ISIC divisions 50-99 and they include 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • Trade > % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
STAT Mexico Ukraine HISTORY
Agriculture > Value added > % of GDP 4.27%
Ranked 92nd.
8.22%
Ranked 65th. 93% more than Mexico

Exports > Goods and services > % of GDP 27.84%
Ranked 90th.
46.31%
Ranked 45th. 66% more than Mexico

External balance on goods and services > % of GDP -1.44%
Ranked 56th.
-1.73%
Ranked 58th. 20% more than Mexico

Final > Consumption expenditure > Etc. > % of GDP 79.08%
Ranked 84th.
84.62%
Ranked 53th. 7% more than Mexico

General government final > Consumption expenditure > % of GDP 11.64%
Ranked 96th.
19.17%
Ranked 49th. 65% more than Mexico

Gross capital formation > % of GDP 22.36%
Ranked 62nd. 31% more than Ukraine
17.11%
Ranked 103th.

Gross domestic savings > % of GDP 20.92%
Ranked 47th. 36% more than Ukraine
15.38%
Ranked 79th.

Gross fixed capital formation > % of GDP 21.81%
Ranked 65th. 21% more than Ukraine
17.99%
Ranked 101st.

Gross national expenditure > % of GDP 101.44%
Ranked 80th.
101.73%
Ranked 78th. About the same as Mexico

Gross savings > % of GNI 22.08%
Ranked 41st. 39% more than Ukraine
15.91%
Ranked 72nd.

Industry > Value added > % of GDP 34.81%
Ranked 25th. 19% more than Ukraine
29.37%
Ranked 47th.

Manufacturing > Value added > % of GDP 17.22%
Ranked 34th.
18.19%
Ranked 28th. 6% more than Mexico

Services > Etc. > Value added > % of GDP 60.92%
Ranked 57th.
62.41%
Ranked 49th. 2% more than Mexico

Trade > % of GDP 57.13%
Ranked 103th.
94.34%
Ranked 47th. 65% more than Mexico

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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