Services, value added in East Asia & Pacific (IDA & IBRD countries)

East Asia & Pacific (IDA & IBRD countries): Services, value added was 12.48 trillion constant 2015 US$ in 2025. ◆ Volatile

Latest (2025)
12.48 trillion constant 2015 US$
Change on year
up 5.4%
All-time high
12.48 trillion constant 2015 US$
in 2025
All-time low
257.22 billion constant 2015 US$
in 1978
Years of data
48
1978–2025

Services, value added in East Asia & Pacific (IDA & IBRD countries), 1978–2025

02.5T5.0T7.5T10.0T12.5T197820012025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.

Analysis

In 2025, services, value added in East Asia & Pacific (IDA & IBRD countries) stood at 12.48 trillion constant 2015 US$. That is the highest value across all 48 years on record.

The figure is up 5.4% on the previous year and up 80.2% over ten years.

Over the whole period, services, value added in East Asia & Pacific (IDA & IBRD countries) peaked at 12.48 trillion constant 2015 US$ in 2025 and was at its lowest, 257.22 billion constant 2015 US$, in 1978.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 266.78 billion constant 2015 US$ 257.22 billion constant 2015 US$ 276.35 billion constant 2015 US$ 2
1980s 492.07 billion constant 2015 US$ 297.84 billion constant 2015 US$ 738.61 billion constant 2015 US$ 10
1990s 1.19 trillion constant 2015 US$ 769.34 billion constant 2015 US$ 1.63 trillion constant 2015 US$ 10
2000s 2.85 trillion constant 2015 US$ 1.78 trillion constant 2015 US$ 4.30 trillion constant 2015 US$ 10
2010s 6.80 trillion constant 2015 US$ 4.68 trillion constant 2015 US$ 9.29 trillion constant 2015 US$ 10
2020s 10.96 trillion constant 2015 US$ 9.42 trillion constant 2015 US$ 12.48 trillion constant 2015 US$ 6

More economy & growth data for East Asia & Pacific (IDA & IBRD countries)

All data for East Asia & Pacific (IDA & IBRD countries) →

Frequently asked questions

What is services, value added in East Asia & Pacific (IDA & IBRD countries)?
Services, value added in East Asia & Pacific (IDA & IBRD countries) was 12.48 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in East Asia & Pacific (IDA & IBRD countries)?
The highest recorded value was 12.48 trillion constant 2015 US$ in 2025.
What is the lowest services, value added recorded in East Asia & Pacific (IDA & IBRD countries)?
The lowest recorded value was 257.22 billion constant 2015 US$ in 1978.
Is services, value added rising or falling in East Asia & Pacific (IDA & IBRD countries)?
Over the last ten years it is up 80.2%. The long-run trend across the full record is volatile.
Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 9,810 data points, 1960–2025
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 defense, 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.