Services, value added in Europe & Central Asia (IDA & IBRD countries)

Europe & Central Asia (IDA & IBRD countries): Services, value added was 4.16 trillion current US$ in 2025. ◆ Volatile

Latest (2025)
4.16 trillion current US$
Change on year
up 17.0%
All-time high
4.16 trillion current US$
in 2025
All-time low
332.52 billion current US$
in 1989
Years of data
37
1989–2025

Services, value added in Europe & Central Asia (IDA & IBRD countries), 1989–2025

01.0T2.0T3.0T4.0T1989200720251989: 332.5B current US$1990: 380.8B current US$1991: 399.9B current US$1992: 445.9B current US$1993: 427.7B current US$1994: 368.3B current US$1995: 478.2B current US$1996: 488.9B current US$1997: 514.8B current US$1998: 472.2B current US$1999: 416.1B current US$2000: 458.9B current US$2001: 478.6B current US$2002: 545.4B current US$2003: 668.9B current US$2004: 842.1B current US$2005: 1.0T current US$2006: 1.3T current US$2007: 1.6T current US$2008: 2.0T current US$2009: 1.7T current US$2010: 1.9T current US$2011: 2.3T current US$2012: 2.5T current US$2013: 2.7T current US$2014: 2.5T current US$2015: 2.0T current US$2016: 1.9T current US$2017: 2.1T current US$2018: 2.2T current US$2019: 2.3T current US$2020: 2.2T current US$2021: 2.5T current US$2022: 2.9T current US$2023: 3.1T current US$2024: 3.6T current US$2025: 4.2T current US$

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

Analysis

The most recent figure for services, value added in Europe & Central Asia (IDA & IBRD countries) is 4.16 trillion current US$, measured in 2025. That is the highest value across all 37 years on record.

The figure is up 17.0% on the previous year and up 110.5% over ten years.

Over the whole period, services, value added in Europe & Central Asia (IDA & IBRD countries) peaked at 4.16 trillion current US$ in 2025 and was at its lowest, 332.52 billion current US$, in 1989.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 332.52 billion current US$ 332.52 billion current US$ 332.52 billion current US$ 1
1990s 439.26 billion current US$ 368.28 billion current US$ 514.78 billion current US$ 10
2000s 1.07 trillion current US$ 458.94 billion current US$ 2.03 trillion current US$ 10
2010s 2.25 trillion current US$ 1.91 trillion current US$ 2.68 trillion current US$ 10
2020s 3.07 trillion current US$ 2.18 trillion current US$ 4.16 trillion current US$ 6

More economy & growth data for Europe & Central Asia (IDA & IBRD countries)

All data for Europe & Central Asia (IDA & IBRD countries) →

Frequently asked questions

What is services, value added in Europe & Central Asia (IDA & IBRD countries)?
Services, value added in Europe & Central Asia (IDA & IBRD countries) was 4.16 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Europe & Central Asia (IDA & IBRD countries)?
The highest recorded value was 4.16 trillion current US$ in 2025.
What is the lowest services, value added recorded in Europe & Central Asia (IDA & IBRD countries)?
The lowest recorded value was 332.52 billion current US$ in 1989.
Is services, value added rising or falling in Europe & Central Asia (IDA & IBRD countries)?
Over the last ten years it is up 110.5%. The long-run trend across the full record is volatile.
Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 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 indicator is expressed in United States dollars.