Services, value added in High income
High income: Services, value added was 43.80 trillion current US$ in 2021. ▲ Rising
Services, value added in High income, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
High income recorded 43.80 trillion current US$ for services, value added in 2021. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 10.8% on the previous year and up 24.7% over ten years.
Over the whole period, services, value added in High income peaked at 43.80 trillion current US$ in 2021 and was at its lowest, 17.19 trillion current US$, in 1997.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.63 trillion current US$ | 17.19 trillion current US$ | 18.31 trillion current US$ | 3 |
| 2000s | 25.21 trillion current US$ | 18.76 trillion current US$ | 32.46 trillion current US$ | 10 |
| 2010s | 36.29 trillion current US$ | 32.56 trillion current US$ | 40.11 trillion current US$ | 10 |
| 2020s | 41.68 trillion current US$ | 39.55 trillion current US$ | 43.80 trillion current US$ | 2 |
More economy & growth data for High income
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Agriculture, forestry, and fishing, value added -0.3% (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Gross national expenditure 71.25 trillion current US$ (2024)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.4% (2024)
- Final consumption expenditure 2.3% (2024)
Frequently asked questions
- What is services, value added in High income?
- Services, value added in High income was 43.80 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in High income?
- The highest recorded value was 43.80 trillion current US$ in 2021.
- What is the lowest services, value added recorded in High income?
- The lowest recorded value was 17.19 trillion current US$ in 1997.
- Is services, value added rising or falling in High income?
- Over the last ten years it is up 24.7%. The long-run trend across the full record is rising.
- Where does this High income 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.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.