Services, value added in Europe & Central Asia

Europe & Central Asia: Services, value added was 21.14 trillion current US$ in 2025. ▲ Rising

Latest (2025)
21.14 trillion current US$
Change on year
up 10.1%
All-time high
21.14 trillion current US$
in 2025
All-time low
5.37 trillion current US$
in 1991
Years of data
35
1991–2025

Services, value added in Europe & Central Asia, 1991–2025

5.0T10.0T15.0T20.0T1991200820251991: 5.4T current US$1992: 5.9T current US$1993: 5.5T current US$1994: 5.8T current US$1995: 6.6T current US$1996: 6.8T current US$1997: 6.5T current US$1998: 6.7T current US$1999: 6.6T current US$2000: 6.3T current US$2001: 6.4T current US$2002: 7.1T current US$2003: 8.6T current US$2004: 10.0T current US$2005: 10.6T current US$2006: 11.4T current US$2007: 13.4T current US$2008: 14.8T current US$2009: 13.5T current US$2010: 13.6T current US$2011: 14.9T current US$2012: 14.4T current US$2013: 15.1T current US$2014: 15.4T current US$2015: 13.3T current US$2016: 13.3T current US$2017: 14.0T current US$2018: 15.0T current US$2019: 14.9T current US$2020: 14.6T current US$2021: 16.5T current US$2022: 16.5T current US$2023: 18.0T current US$2024: 19.2T current US$2025: 21.1T current US$

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 is 21.14 trillion current US$, measured in 2025. That is the highest value across all 35 years on record.

The figure is up 10.1% on the previous year and up 58.8% over ten years.

Over the whole period, services, value added in Europe & Central Asia peaked at 21.14 trillion current US$ in 2025 and was at its lowest, 5.37 trillion current US$, in 1991.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.20 trillion current US$ 5.37 trillion current US$ 6.82 trillion current US$ 9
2000s 10.20 trillion current US$ 6.26 trillion current US$ 14.77 trillion current US$ 10
2010s 14.39 trillion current US$ 13.29 trillion current US$ 15.39 trillion current US$ 10
2020s 17.65 trillion current US$ 14.57 trillion current US$ 21.14 trillion current US$ 6

More economy & growth data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is services, value added in Europe & Central Asia?
Services, value added in Europe & Central Asia was 21.14 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?
The highest recorded value was 21.14 trillion current US$ in 2025.
What is the lowest services, value added recorded in Europe & Central Asia?
The lowest recorded value was 5.37 trillion current US$ in 1991.
Is services, value added rising or falling in Europe & Central Asia?
Over the last ten years it is up 58.8%. The long-run trend across the full record is rising.
Where does this Europe & Central Asia 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.