Services, value added in European Union

European Union: Services, value added was 14.00 trillion current US$ in 2025. ▲ Rising

Latest (2025)
14.00 trillion current US$
Change on year
up 8.7%
All-time high
14.00 trillion current US$
in 2025
All-time low
3.98 trillion current US$
in 1991
Years of data
35
1991–2025

Services, value added in European Union, 1991–2025

5.0T7.5T10.0T12.5T15.0T1991200820251991: 4.0T current US$1992: 4.4T current US$1993: 4.1T current US$1994: 4.4T current US$1995: 5.1T current US$1996: 5.2T current US$1997: 4.8T current US$1998: 4.9T current US$1999: 4.9T current US$2000: 4.5T current US$2001: 4.6T current US$2002: 5.1T current US$2003: 6.3T current US$2004: 7.3T current US$2005: 7.6T current US$2006: 8.1T current US$2007: 9.4T current US$2008: 10.5T current US$2009: 9.8T current US$2010: 9.6T current US$2011: 10.3T current US$2012: 9.6T current US$2013: 10.1T current US$2014: 10.3T current US$2015: 8.9T current US$2016: 9.1T current US$2017: 9.7T current US$2018: 10.5T current US$2019: 10.3T current US$2020: 10.2T current US$2021: 11.4T current US$2022: 11.1T current US$2023: 12.2T current US$2024: 12.9T current US$2025: 14.0T current US$

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

Analysis

In 2025, services, value added in European Union stood at 14.00 trillion current US$. That is the highest value across all 35 years on record.

The figure is up 8.7% on the previous year and up 57.1% over ten years.

Over the whole period, services, value added in European Union peaked at 14.00 trillion current US$ in 2025 and was at its lowest, 3.98 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 4.64 trillion current US$ 3.98 trillion current US$ 5.18 trillion current US$ 9
2000s 7.32 trillion current US$ 4.53 trillion current US$ 10.48 trillion current US$ 10
2010s 9.85 trillion current US$ 8.91 trillion current US$ 10.49 trillion current US$ 10
2020s 11.97 trillion current US$ 10.20 trillion current US$ 14.00 trillion current US$ 6

More economy & growth data for European Union

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Frequently asked questions

What is services, value added in European Union?
Services, value added in European Union was 14.00 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in European Union?
The highest recorded value was 14.00 trillion current US$ in 2025.
What is the lowest services, value added recorded in European Union?
The lowest recorded value was 3.98 trillion current US$ in 1991.
Is services, value added rising or falling in European Union?
Over the last ten years it is up 57.1%. The long-run trend across the full record is rising.
Where does this European Union 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.