* indicates monthly or quarterly data series

Services value added, billion USD, 2023:

The average for 2023 based on 168 countries was 242.54 billion U.S. dollars. The highest value was in China: 9715.4 billion U.S. dollars and the lowest value was in Palau: 0.22 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Measure: billion U.S. dollars; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Services value added, 2023 Global rank Available data
China 9715.4 1 1960 - 2023
Germany 2882.45 2 1991 - 2023
UK 2452.1 3 1990 - 2023
France 2125.94 4 1960 - 2023
India 1768.81 5 1960 - 2023
Italy 1494.74 6 1990 - 2023
Brazil 1279.86 7 1960 - 2023
Russia 1149.79 8 1989 - 2023
Spain 1112.4 9 1995 - 2023
Australia 1098.6 10 1990 - 2023
Mexico 1049.32 11 1965 - 2023
South Korea 1000.65 12 1960 - 2023
Netherlands 803.98 13 1969 - 2023
Switzerland 636.22 14 1990 - 2023
Turkey 605.31 15 1960 - 2023
Indonesia 587.95 16 1983 - 2023
Saudi Arabia 479.05 17 1970 - 2023
Poland 465.4 18 1995 - 2023
Belgium 458.43 19 1995 - 2023
Sweden 381.51 20 1980 - 2023
Singapore 363.27 21 1960 - 2023
Hong Kong 348.3 22 2000 - 2023
Argentina 343.38 23 1965 - 2023
Ireland 335.71 24 1995 - 2023
Austria 323.71 25 1976 - 2023
Thailand 301.45 26 1993 - 2023
Philippines 272.88 27 1960 - 2023
UA Emirates 265.16 28 1975 - 2023
Denmark 262.27 29 1966 - 2023
Norway 242.69 30 1970 - 2023
South Africa 238.36 31 1960 - 2023
Bangladesh 223.57 32 1960 - 2023
Malaysia 213.52 33 1987 - 2023
Romania 213.04 34 1990 - 2023
Colombia 206.78 35 1965 - 2023
Czechia 204.79 36 1993 - 2023
Egypt 203.07 37 1960 - 2023
Iran 195.3 38 1960 - 2023
Portugal 193.01 39 1995 - 2023
Chile 190.96 40 1960 - 2023
Vietnam 182.79 41 1986 - 2023
Finland 181.38 42 1975 - 2023
Pakistan 171.51 43 1960 - 2023
Greece 167.15 44 1995 - 2023
Nigeria 155.6 45 1981 - 2023
Kazakhstan 148 46 1992 - 2023
Peru 137.36 47 1960 - 2023
Hungary 122.24 48 1995 - 2023
Algeria 112.96 49 1999 - 2023
Ukraine 109.66 50 1987 - 2023
Iraq 106 51 1968 - 2023
Qatar 96.45 52 2011 - 2023
Kuwait 84.05 53 2010 - 2023
Morocco 78.39 54 1980 - 2023
Slovakia 74.93 55 1995 - 2023
Ecuador 70.98 56 1960 - 2023
Luxembourg 69.12 57 1995 - 2023
Domin. Rep. 68.01 58 1960 - 2023
Guatemala 64.02 59 1965 - 2023
Bulgaria 64.01 60 1980 - 2023
Ethiopia 60.54 61 1981 - 2023
Kenya 59.87 62 2006 - 2023
Puerto Rico 59.6 63 1960 - 2023
Costa Rica 58.81 64 1960 - 2023
Panama 56.06 65 1970 - 2023
Uruguay 51.21 66 1983 - 2023
Sri Lanka 50.55 67 1960 - 2023
Oman 50.52 68 1961 - 2023
Lithuania 50.34 69 1995 - 2023
Croatia 49.85 70 1995 - 2023
Serbia 46.84 71 1995 - 2023
Uzbekistan 44.64 72 1987 - 2023
Ivory Coast 43.03 73 1960 - 2023
Macao 41.86 74 1991 - 2023
Slovenia 39.93 75 1995 - 2023
Belarus 34.36 76 1990 - 2023
Angola 33.75 77 1995 - 2023
Ghana 32.43 78 1984 - 2023
Jordan 30.94 79 1965 - 2023
Tunisia 30.14 80 1965 - 2023
Turkmenistan 29.97 81 1987 - 2023
Azerbaijan 28.27 82 1990 - 2023
Estonia 26.65 83 1995 - 2023
Burma 26.49 84 2008 - 2023
Latvia 26.01 85 1995 - 2023
Cyprus 25.97 86 1995 - 2023
Cameroon 24.73 87 1965 - 2023
Bahrain 23.89 88 2006 - 2023
Bolivia 23.04 89 1970 - 2023
Tanzania 22.69 90 1990 - 2023
Nepal 22.65 91 1960 - 2023
DR Congo 22.26 92 1994 - 2023
Zimbabwe 21.99 93 1964 - 2023
Paraguay 21.04 94 1962 - 2023
Uganda 20.73 95 1960 - 2023
El Salvador 20.33 96 1965 - 2023
Iceland 20.25 97 1995 - 2023
Honduras 19.74 98 1960 - 2023
Georgia 19.1 99 1987 - 2023
Malta 18 100 1970 - 2023
Zambia 15.67 101 1983 - 2023
Bosnia & Herz. 15.36 102 1994 - 2023
Cambodia 15.31 103 1993 - 2023
Senegal 15.17 104 1980 - 2023
Armenia 14.31 105 2012 - 2023
Papua N.G. 12.91 106 2006 - 2023
Jamaica 11.68 107 1993 - 2023
Bahamas 11.59 108 1984 - 2023
Botswana 11.53 109 1960 - 2023
Libya 11.46 110 2006 - 2023
Albania 11.29 111 1996 - 2023
Moldova 10.1 112 1995 - 2023
Mauritius 9.5 113 1976 - 2023
Haiti 9.49 114 1988 - 2023
Benin 9.39 115 1960 - 2023
North Macedonia 9.02 116 1990 - 2023
Burkina Faso 8.87 117 1960 - 2023
Monaco 8.84 118 2010 - 2023
Mozambique 8.55 119 1991 - 2023
Mongolia 8.34 120 1990 - 2023
Nicaragua 8.26 121 1994 - 2023
Guinea 8.2 122 1986 - 2023
Sudan 8.17 123 1982 - 2023
Afghanistan 8.02 124 2002 - 2023
Mali 7.58 125 1967 - 2023
Gabon 7.41 126 1960 - 2023
Kyrgyzstan 7.1 127 1990 - 2023
Madagascar 7.05 128 1966 - 2023
Laos 6.97 129 1989 - 2023
Namibia 6.6 130 1980 - 2023
Rwanda 6.25 131 1965 - 2023
Eq. Guinea 6.22 132 2006 - 2023
R. of Congo 6.19 133 1960 - 2023
Malawi 6.04 134 1980 - 2023
Brunei 5.86 135 1974 - 2023
Barbados 5.07 136 1975 - 2023
Togo 4.74 137 1963 - 2023
Montenegro 4.69 138 2000 - 2023
Mauritania 4.67 139 1961 - 2023
Maldives 4.65 140 2003 - 2023
Niger 4.53 141 1960 - 2023
Chad 3.77 142 1960 - 2023
Djibouti 3.15 143 2013 - 2023
Fiji 3 144 1963 - 2023
Andorra 2.96 145 2000 - 2023
Sierra Leone 2.69 146 1964 - 2023
Swaziland 2.28 147 1965 - 2023
Faroe Isl. 2.03 148 1998 - 2023
Belize 1.91 149 1978 - 2023
Saint Lucia 1.85 150 2006 - 2023
Cape Verde 1.77 151 1980 - 2023
Suriname 1.67 152 1960 - 2023
Liberia 1.54 153 2000 - 2023
Seychelles 1.46 154 1976 - 2023
Ant.& Barb. 1.38 155 1977 - 2023
Burundi 1.29 156 1970 - 2023
Gambia 1.29 157 1966 - 2023
Lesotho 1.07 158 1960 - 2023
C.A. Republic 1.04 159 2009 - 2023
G.-Bissau 0.94 160 1970 - 2023
Grenada 0.85 161 1977 - 2023
St. Vincent & ... 0.68 162 1977 - 2023
Comoros 0.67 163 1980 - 2023
Samoa 0.64 164 1999 - 2023
S.T.&Principe 0.52 165 2008 - 2023
Dominica 0.38 166 1977 - 2023
Micronesia 0.31 167 1995 - 2023
Palau 0.22 168 2000 - 2023


New - World map: Services value added




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:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles

9715.40
2882.45
2452.10
2125.94
1768.81
1494.74
1279.86
1149.79
1112.40
1098.60
1049.32
1000.65
803.98
636.22
605.31
587.95
479.05
465.40
458.43
381.51
363.27
348.30
343.38
335.71
323.71
301.45
272.88
265.16
262.27
242.69
238.36
223.57
213.52
213.04
206.78
204.79
203.07
195.30
193.01
190.96
182.79
181.38
171.51
167.15
155.60
148.00
137.36
122.24
112.96
109.66
106.00
96.45
84.05
78.39
74.93
70.98
69.12
68.01
64.02
64.01
60.54
59.87
59.60
58.81
56.06
51.21
50.55
50.52
50.34
49.85
46.84
44.64
43.03
41.86
39.93
34.36
33.75
32.43
30.94
30.14
29.97
28.27
26.65
26.49
26.01
25.97
24.73
23.89
23.04
22.69
22.65
22.26
21.99
21.04
20.73
20.33
20.25
19.74
19.10
18.00
15.67
15.36
15.31
15.17
14.31
12.91
11.68
11.59
11.53
11.46
11.29
10.10
9.50
9.49
9.39
9.02
8.87
8.84
8.55
8.34
8.26
8.20
8.17
8.02
7.58
7.41
7.10
7.05
6.97
6.60
6.25
6.22
6.19
6.04
5.86
5.07
4.74
4.69
4.67
4.65
4.53
3.77
3.15
3.00
2.96
2.69
2.28
2.03
1.91
1.85
1.77
1.67
1.54
1.46
1.38
1.29
1.29
1.07
1.04
0.94
0.85
0.68
0.67
0.64
0.52
0.38
0.31
0.22
0
2428.9
4857.7
7286.6
9715.4


This site uses cookies.
Learn more here


OK