Austria: Services value added

* indicates monthly or quarterly data series
 Austria

Services value added, billion USD

 Latest value 323.71
 Year 2023
 Measure billion U.S. dollars
 Data availability 1976 - 2023
 Average 153.97
 Min - Max 20.96 - 323.71
 Source The World Bank
The latest value from 2023 is 323.71 billion U.S. dollars, an increase from 297.27 billion U.S. dollars in 2022. In comparison, the world average is 242.54 billion U.S. dollars, based on data from 168 countries. Historically, the average for Austria from 1976 to 2023 is 153.97 billion U.S. dollars. The minimum value, 20.96 billion U.S. dollars, was reached in 1976 while the maximum of 323.71 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Austria - Services value added - Recent values chart

Historical series
Austria - Services value added - historical chart - 1976-2023




Definition: Services correspond to ISIC divisions 50-99. 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 or 4. Data are in constant 2010 U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Share of industry 25.24 2023 percent
 Share of manufacturing 15.87 2023 percent
 Share of services 63.26 2023 percent
 Industry value added 129.17 2023 billion U.S. dollars
 Manufacturing value added 81.21 2023 billion U.S. dollars
 Services value added 323.71 2023 billion U.S. dollars
 Savings, percent of GDP 27.05 2023 percent
 Savings, in dollars 134.44 2023 billion U.S. dollars
This site uses cookies.
Learn more here


OK