Australia vs European Union: Services, value added
Services, value added over time
- Australia
- European Union
How they compare
European Union currently reports 14.00 trillion current US$ against 1.21 trillion current US$ in Australia, a difference of 12.78 trillion current US$.
That makes European Union's figure about 11.5 times Australia's.
Across all 35 years both countries report, European Union has been ahead every year.
Australia ranks 13th and European Union ranks 14th of 203 countries.
European Union has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 229.33 billion current US$ | 4.64 trillion current US$ | 4.41 trillion current US$ | European Union |
| 2000s | 422.31 billion current US$ | 7.32 trillion current US$ | 6.90 trillion current US$ | European Union |
| 2010s | 919.81 billion current US$ | 9.85 trillion current US$ | 8.93 trillion current US$ | European Union |
| 2020s | 1.08 trillion current US$ | 11.97 trillion current US$ | 10.89 trillion current US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Australia or European Union?
- European Union, at 14.00 trillion current US$ against 1.21 trillion current US$ in Australia as of 2025.
- What is the difference in services, value added between Australia and European Union?
- 12.78 trillion current US$, with European Union ahead.
- How many years of comparable data are there for Australia and European Union?
- 35 years are reported by both, from 1991 to 2025.
- How do Australia and European Union rank globally for services, value added?
- Australia ranks 13th and European Union ranks 14th of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). 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 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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.