Europe & Central Asia (excluding high income) vs Philippines: Services, value added

Europe & Central Asia (excluding high income)
1.22 trillion constant 2015 US$
in 2024
Philippines
301.54 billion constant 2015 US$
in 2025
Europe & Central Asia (excluding high income) rank
27th
Philippines rank
26th

Services, value added over time

  • Europe & Central Asia (excluding high income)
  • Philippines
0250.0B500.0B750.0B1.0T1.2T196019922025

How they compare

Europe & Central Asia (excluding high income) currently reports 1.22 trillion constant 2015 US$ against 301.54 billion constant 2015 US$ in Philippines, a difference of 917.30 billion constant 2015 US$.

That makes Europe & Central Asia (excluding high income)'s figure about 4.0 times Philippines's.

Across all 35 years both countries report, Europe & Central Asia (excluding high income) has been ahead every year.

Europe & Central Asia (excluding high income) ranks 27th and Philippines ranks 26th of 43 groups.

Europe & Central Asia (excluding high income) has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Europe & Central Asia (excluding high income) Philippines Difference Ahead
1990s 318.60 billion constant 2015 US$ 60.78 billion constant 2015 US$ 257.82 billion constant 2015 US$ Europe & Central Asia (excluding high income)
2000s 474.90 billion constant 2015 US$ 95.88 billion constant 2015 US$ 379.01 billion constant 2015 US$ Europe & Central Asia (excluding high income)
2010s 775.27 billion constant 2015 US$ 177.54 billion constant 2015 US$ 597.73 billion constant 2015 US$ Europe & Central Asia (excluding high income)
2020s 1.10 trillion constant 2015 US$ 249.24 billion constant 2015 US$ 846.71 billion constant 2015 US$ Europe & Central Asia (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Europe & Central Asia (excluding high income) or Philippines?
Europe & Central Asia (excluding high income), at 1.22 trillion constant 2015 US$ against 301.54 billion constant 2015 US$ in Philippines as of 2024.
What is the difference in services, value added between Europe & Central Asia (excluding high income) and Philippines?
917.30 billion constant 2015 US$, with Europe & Central Asia (excluding high income) ahead.
How many years of comparable data are there for Europe & Central Asia (excluding high income) and Philippines?
35 years are reported by both, from 1990 to 2024.
How do Europe & Central Asia (excluding high income) and Philippines rank globally for services, value added?
Europe & Central Asia (excluding high income) ranks 27th and Philippines ranks 26th of 43 groups.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (excluding high income) vs Philippines: Services, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/services-value-added-constant-2015-us/europe-and-central-asia-excluding-high-income/philippines/

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About this data

Indicator
Services, value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
239 places, 9,828 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 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.