Romania: Services value added

* indicates monthly or quarterly data series
 Romania

Services value added, billion USD

 Latest value 239.11
 Year 2024
 Measure billion U.S. dollars
 Data availability 1990 - 2024
 Average 74.87
 Min - Max 8.62 - 239.11
 Source The World Bank
The latest value from 2024 is 239.11 billion U.S. dollars, an increase from 213.04 billion U.S. dollars in 2023. In comparison, the world average is 456.90 billion U.S. dollars, based on data from 134 countries. Historically, the average for Romania from 1990 to 2024 is 74.87 billion U.S. dollars. The minimum value, 8.62 billion U.S. dollars, was reached in 1993 while the maximum of 239.11 billion U.S. dollars was recorded in 2024. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Romania - Services value added - Recent values chart

Historical series
Romania - Services value added - historical chart - 1990-2024




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.

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 Related indicators Latest Reference Measure
 Share of industry 25.03 2024 percent
 Share of manufacturing 11.41 2024 percent
 Share of services 62.47 2024 percent
 Industry value added 95.80 2024 billion U.S. dollars
 Manufacturing value added 43.69 2024 billion U.S. dollars
 Services value added 239.11 2024 billion U.S. dollars
 Savings, percent of GDP 15.94 2024 percent
 Savings, in dollars 61.01 2024 billion U.S. dollars
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