Services, value added in Europe & Central Asia
Europe & Central Asia: Services, value added was 1.5% in 2025. ◆ Volatile
Services, value added in Europe & Central Asia, 1992–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, services, value added in Europe & Central Asia stood at 1.5%.
The figure is down 28.4% on the previous year and down 17.8% over ten years.
Over the whole period, services, value added in Europe & Central Asia peaked at 7.0% in 2021 and was at its lowest, -5.7%, in 2020.
That places Europe & Central Asia 41st out of 41 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Europe & Central Asia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1992 | 1.1% | — |
| 1993 | 0.0% | -98.7% |
| 1994 | 2.2% | +15831.0% |
| 1995 | 2.4% | +9.4% |
| 1996 | 2.5% | +5.0% |
| 1997 | 3.2% | +28.2% |
| 1998 | 3.0% | -4.3% |
| 1999 | 2.8% | -8.1% |
| 2000 | 4.5% | +59.9% |
| 2001 | 2.6% | -41.6% |
| 2002 | 1.8% | -29.6% |
| 2003 | 1.8% | +0.4% |
| 2004 | 2.9% | +58.1% |
| 2005 | 3.1% | +7.1% |
| 2006 | 3.8% | +21.3% |
| 2007 | 4.3% | +14.1% |
| 2008 | 1.9% | -56.6% |
| 2009 | -2.4% | -229.2% |
| 2010 | 2.1% | -184.7% |
| 2011 | 2.2% | +8.8% |
| 2012 | 1.1% | -51.1% |
| 2013 | 1.2% | +8.2% |
| 2014 | 2.0% | +66.1% |
| 2015 | 1.8% | -9.3% |
| 2016 | 1.9% | +6.8% |
| 2017 | 2.9% | +53.0% |
| 2018 | 2.3% | -21.0% |
| 2019 | 2.1% | -8.9% |
| 2020 | -5.7% | -369.4% |
| 2021 | 7.0% | -223.0% |
| 2022 | 4.9% | -30.3% |
| 2023 | 1.8% | -63.6% |
| 2024 | 2.0% | +15.8% |
| 2025 | 1.5% | -28.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.1% | 0.0% | 3.2% | 8 |
| 2000s | 2.4% | -2.4% | 4.5% | 10 |
| 2010s | 2.0% | 1.1% | 2.9% | 10 |
| 2020s | 1.9% | -5.7% | 7.0% | 6 |
Countries ranked near Europe & Central Asia
More economy & growth data for Europe & Central Asia
- Agriculture, forestry, and fishing, value added 464.96 billion constant 2015 US$ (2025)
- Imports of goods and services 10.55 trillion constant 2015 US$ (2025)
- Imports of goods and services 4.0% (2025)
- Imports of goods and services 41.0% (2025)
- External balance on goods and services 2.7% (2025)
- Trade 81.8% (2025)
- Gross domestic savings (current US$), annual growth rate 8.43 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 8,891 current US$ per person (2025)
- Manufacturing, value added 3.67 trillion constant 2015 US$ (2025)
- Manufacturing, value added 4.35 trillion current US$ (2025)
Frequently asked questions
- What is services, value added in Europe & Central Asia?
- Services, value added in Europe & Central Asia was 1.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Europe & Central Asia?
- The highest recorded value was 7.0% in 2021.
- What is the lowest services, value added recorded in Europe & Central Asia?
- The lowest recorded value was -5.7% in 2020.
- How does Europe & Central Asia rank for services, value added?
- Europe & Central Asia ranks 41st out of 41 groups with data for 2025.
- Is services, value added rising or falling in Europe & Central Asia?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.