Services, value added in Small states

Small states: Services, value added was 63.5% in 2025. ▲ Rising

Latest (2025)
63.5%
Change on year
up 1.7%
All-time high
64.8%
in 2020
All-time low
54.2%
in 1995
Years of data
31
1995–2025

Services, value added in Small states, 1995–2025

02040601995201020251995: 54.2 % of GDP1996: 54.8 % of GDP1997: 56.5 % of GDP1998: 59 % of GDP1999: 60.1 % of GDP2000: 59 % of GDP2001: 60.3 % of GDP2002: 60.7 % of GDP2003: 59.3 % of GDP2004: 58.6 % of GDP2005: 57.5 % of GDP2006: 56.4 % of GDP2007: 57.3 % of GDP2008: 55.8 % of GDP2009: 60.6 % of GDP2010: 60 % of GDP2011: 58.6 % of GDP2012: 59.4 % of GDP2013: 60.4 % of GDP2014: 61.3 % of GDP2015: 63.4 % of GDP2016: 64.3 % of GDP2017: 64 % of GDP2018: 63.6 % of GDP2019: 64.3 % of GDP2020: 64.8 % of GDP2021: 63.2 % of GDP2022: 61.4 % of GDP2023: 63.7 % of GDP2024: 62.4 % of GDP2025: 63.5 % of GDP

Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.

Analysis

Small states recorded 63.5% for services, value added in 2025.

Compared with earlier readings it is up 1.7% on the previous year and up 0.2% over ten years.

Over the whole period, services, value added in Small states peaked at 64.8% in 2020 and was at its lowest, 54.2%, in 1995.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 56.9% 54.2% 60.1% 5
2000s 58.5% 55.8% 60.7% 10
2010s 61.9% 58.6% 64.3% 10
2020s 63.2% 61.4% 64.8% 6

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Frequently asked questions

What is services, value added in Small states?
Services, value added in Small states was 63.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Small states?
The highest recorded value was 64.8% in 2020.
What is the lowest services, value added recorded in Small states?
The lowest recorded value was 54.2% in 1995.
Is services, value added rising or falling in Small states?
Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
Where does this Small states data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,765 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.