Services, value added in Euro area

Euro area: Services, value added was 1.1% in 2025. ◆ Volatile

Latest (2025)
1.1%
Change on year
down 23.9%
All-time high
6.1%
in 2021
All-time low
-5.9%
in 2020
Years of data
34
1992–2025

Services, value added in Euro area, 1992–2025

-5-2.502.551992200820251992: 1.9 annual % growth1993: 1 annual % growth1994: 2.3 annual % growth1995: 2.9 annual % growth1996: 2.3 annual % growth1997: 2.9 annual % growth1998: 3.4 annual % growth1999: 3 annual % growth2000: 3.9 annual % growth2001: 2.8 annual % growth2002: 1.5 annual % growth2003: 0.868 annual % growth2004: 2.2 annual % growth2005: 2.2 annual % growth2006: 3.3 annual % growth2007: 3.4 annual % growth2008: 1.6 annual % growth2009: -2.3 annual % growth2010: 1.4 annual % growth2011: 2 annual % growth2012: -0.221 annual % growth2013: 0.378 annual % growth2014: 1.3 annual % growth2015: 1.8 annual % growth2016: 1.7 annual % growth2017: 2.5 annual % growth2018: 1.9 annual % growth2019: 1.9 annual % growth2020: -5.9 annual % growth2021: 6.1 annual % growth2022: 5.3 annual % growth2023: 1.3 annual % growth2024: 1.5 annual % growth2025: 1.1 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

Euro area recorded 1.1% for services, value added in 2025.

The figure is down 23.9% on the previous year and down 37.3% over ten years.

Over the whole period, services, value added in Euro area peaked at 6.1% in 2021 and was at its lowest, -5.9%, in 2020.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.5% 1.0% 3.4% 8
2000s 2.0% -2.3% 3.9% 10
2010s 1.5% -0.2% 2.5% 10
2020s 1.6% -5.9% 6.1% 6

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Frequently asked questions

What is services, value added in Euro area?
Services, value added in Euro area was 1.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Euro area?
The highest recorded value was 6.1% in 2021.
What is the lowest services, value added recorded in Euro area?
The lowest recorded value was -5.9% in 2020.
Is services, value added rising or falling in Euro area?
Over the last ten years it is down 37.3%. The long-run trend across the full record is volatile.
Where does this Euro area data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.