India vs Low & middle income: Services, value added
Services, value added over time
- India
- Low & middle income
How they compare
Low & middle income currently reports 22.45 trillion constant 2015 US$ against 1.84 trillion constant 2015 US$ in India, a difference of 20.61 trillion constant 2015 US$.
That makes Low & middle income's figure about 12.2 times India's.
Across all 48 years both countries report, Low & middle income has been ahead every year.
India ranks 6th and Low & middle income ranks 4th of 195 countries.
Low & middle income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 77.17 billion constant 2015 US$ | 2.03 trillion constant 2015 US$ | 1.95 trillion constant 2015 US$ | Low & middle income |
| 1980s | 111.42 billion constant 2015 US$ | 2.68 trillion constant 2015 US$ | 2.57 trillion constant 2015 US$ | Low & middle income |
| 1990s | 220.35 billion constant 2015 US$ | 4.16 trillion constant 2015 US$ | 3.94 trillion constant 2015 US$ | Low & middle income |
| 2000s | 460.01 billion constant 2015 US$ | 7.31 trillion constant 2015 US$ | 6.85 trillion constant 2015 US$ | Low & middle income |
| 2010s | 974.62 billion constant 2015 US$ | 13.83 trillion constant 2015 US$ | 12.85 trillion constant 2015 US$ | Low & middle income |
| 2020s | 1.51 trillion constant 2015 US$ | 19.89 trillion constant 2015 US$ | 18.38 trillion constant 2015 US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, India or Low & middle income?
- Low & middle income, at 22.45 trillion constant 2015 US$ against 1.84 trillion constant 2015 US$ in India as of 2025.
- What is the difference in services, value added between India and Low & middle income?
- 20.61 trillion constant 2015 US$, with Low & middle income ahead.
- How many years of comparable data are there for India and Low & middle income?
- 48 years are reported by both, from 1978 to 2025.
- How do India and Low & middle income rank globally for services, value added?
- India ranks 6th and Low & middle income ranks 4th of 195 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). 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.