Australia vs Europe & Central Asia: Services, value added
Services, value added over time
- Australia
- Europe & Central Asia
How they compare
Europe & Central Asia currently reports 16.26 trillion constant 2015 US$ against 1.19 trillion constant 2015 US$ in Australia, a difference of 15.06 trillion constant 2015 US$.
That makes Europe & Central Asia's figure about 13.6 times Australia's.
Across all 35 years both countries report, Europe & Central Asia has been ahead every year.
Australia ranks 10th and Europe & Central Asia ranks 9th of 195 countries.
Europe & Central Asia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Europe & Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 462.36 billion constant 2015 US$ | 8.56 trillion constant 2015 US$ | 8.10 trillion constant 2015 US$ | Europe & Central Asia |
| 2000s | 682.83 billion constant 2015 US$ | 11.09 trillion constant 2015 US$ | 10.40 trillion constant 2015 US$ | Europe & Central Asia |
| 2010s | 905.18 billion constant 2015 US$ | 13.31 trillion constant 2015 US$ | 12.40 trillion constant 2015 US$ | Europe & Central Asia |
| 2020s | 1.10 trillion constant 2015 US$ | 15.31 trillion constant 2015 US$ | 14.21 trillion constant 2015 US$ | Europe & Central Asia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Australia or Europe & Central Asia?
- Europe & Central Asia, at 16.26 trillion constant 2015 US$ against 1.19 trillion constant 2015 US$ in Australia as of 2025.
- What is the difference in services, value added between Australia and Europe & Central Asia?
- 15.06 trillion constant 2015 US$, with Europe & Central Asia ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia?
- 35 years are reported by both, from 1991 to 2025.
- How do Australia and Europe & Central Asia rank globally for services, value added?
- Australia ranks 10th and Europe & Central Asia ranks 9th of 195 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 defense, 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.