Germany: Services value added

* indicates monthly or quarterly data series

Services value added, billion USD

 Latest value 2661.42
 Reference 2021
 Measure billion U.S. dollars
 Source The World Bank

For that indicator, we provide data for Germany from 1991 to 2021. The average value for Germany during that period was 1845.15 billion U.S. dollars with a minimum of 1053.51 billion U.S. dollars in 1991 and a maximum of 2661.42 billion U.S. dollars in 2021. The latest value from 2021 is 2661.42 billion U.S. dollars. For comparison, the world average in 2021 based on 136 countries is 261.02 billion U.S. dollars. 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 values

Economic outlook around the world

Longer historical series

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.
This site uses cookies.
Learn more here