Services, value added in United States

United States: Services, value added was 18.09 trillion current LCU in 2021. ▲ Rising

Latest (2021)
18.09 trillion current LCU
Change on year
up 9.9%
World rank
37th
of 205 countries
All-time high
18.09 trillion current LCU
in 2021
All-time low
6.16 trillion current LCU
in 1997
Years of data
25
1997–2021

Services, value added in United States, 1997–2021

5.0T7.5T10.0T12.5T15.0T17.5T1997200920211997: 6.2T current LCU1998: 6.6T current LCU1999: 7.0T current LCU2000: 7.5T current LCU2001: 7.8T current LCU2002: 8.2T current LCU2003: 8.5T current LCU2004: 9.1T current LCU2005: 9.7T current LCU2006: 10.2T current LCU2007: 10.7T current LCU2008: 11.0T current LCU2009: 11.1T current LCU2010: 11.5T current LCU2011: 11.8T current LCU2012: 12.4T current LCU2013: 12.8T current LCU2014: 13.3T current LCU2015: 14.0T current LCU2016: 14.5T current LCU2017: 15.0T current LCU2018: 15.8T current LCU2019: 16.5T current LCU2020: 16.5T current LCU2021: 18.1T current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

United States recorded 18.09 trillion current LCU for services, value added in 2021. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 9.9% on the previous year and up 52.8% over ten years.

Over the whole period, services, value added in United States peaked at 18.09 trillion current LCU in 2021 and was at its lowest, 6.16 trillion current LCU, in 1997.

That places United States 37th out of 205 countries with data for 2021, putting it in the top quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.57 trillion current LCU 6.16 trillion current LCU 7.00 trillion current LCU 3
2000s 9.37 trillion current LCU 7.46 trillion current LCU 11.08 trillion current LCU 10
2010s 13.75 trillion current LCU 11.48 trillion current LCU 16.50 trillion current LCU 10
2020s 17.27 trillion current LCU 16.46 trillion current LCU 18.09 trillion current LCU 2

Countries ranked near United States

  1. 34 Cote d'Ivoire 29.71 trillion current LCU compare
  2. 35 Bangladesh 28.75 trillion current LCU compare
  3. 36 Mexico 20.77 trillion current LCU compare
  4. 38 Philippines 18.04 trillion current LCU compare
  5. 39 Sri Lanka 17.89 trillion current LCU compare
  6. 40 Cameroon 17.27 trillion current LCU compare

See the full ranking of 205 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is services, value added in United States?
Services, value added in United States was 18.09 trillion current LCU in 2021, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in United States?
The highest recorded value was 18.09 trillion current LCU in 2021.
What is the lowest services, value added recorded in United States?
The lowest recorded value was 6.16 trillion current LCU in 1997.
How does United States rank for services, value added?
United States ranks 37th out of 205 countries with data for 2021.
Is services, value added rising or falling in United States?
Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
Where does this United States data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 8,629 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 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.