United Kingdom vs World: Services, value added
Services, value added over time
- United Kingdom
- World
How they compare
World currently reports 64.39 trillion constant 2015 US$ against 2.45 trillion constant 2015 US$ in United Kingdom, a difference of 61.94 trillion constant 2015 US$.
That makes World's figure about 26.3 times United Kingdom's.
Across all 30 years both countries report, World has been ahead every year.
United Kingdom ranks 3rd and World ranks 1st of 194 countries.
World has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | United Kingdom | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.37 trillion constant 2015 US$ | 26.03 trillion constant 2015 US$ | 24.67 trillion constant 2015 US$ | World |
| 2000s | 1.72 trillion constant 2015 US$ | 34.27 trillion constant 2015 US$ | 32.55 trillion constant 2015 US$ | World |
| 2010s | 2.07 trillion constant 2015 US$ | 48.34 trillion constant 2015 US$ | 46.27 trillion constant 2015 US$ | World |
| 2020s | 2.28 trillion constant 2015 US$ | 59.72 trillion constant 2015 US$ | 57.44 trillion constant 2015 US$ | World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, United Kingdom or World?
- World, at 64.39 trillion constant 2015 US$ against 2.45 trillion constant 2015 US$ in United Kingdom as of 2024.
- What is the difference in services, value added between United Kingdom and World?
- 61.94 trillion constant 2015 US$, with World ahead.
- How many years of comparable data are there for United Kingdom and World?
- 30 years are reported by both, from 1995 to 2024.
- How do United Kingdom and World rank globally for services, value added?
- United Kingdom ranks 3rd and World ranks 1st of 194 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). 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.