Services, value added in European Union
European Union: Services, value added was 1.3% in 2025. ◆ Volatile
Services, value added in European Union, 1992–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
European Union recorded 1.3% for services, value added in 2025.
That represents a change of down 19.3% on the previous year and down 37.0% over ten years.
Over the whole period, services, value added in European Union peaked at 6.2% in 2021 and was at its lowest, -5.5%, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in European Union, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1992 | 1.8% | — |
| 1993 | 1.0% | -46.8% |
| 1994 | 2.4% | +145.3% |
| 1995 | 2.9% | +22.7% |
| 1996 | 2.5% | -13.7% |
| 1997 | 2.9% | +15.6% |
| 1998 | 3.4% | +17.1% |
| 1999 | 3.1% | -7.3% |
| 2000 | 4.1% | +31.7% |
| 2001 | 2.7% | -33.9% |
| 2002 | 1.6% | -41.5% |
| 2003 | 1.0% | -37.8% |
| 2004 | 2.4% | +139.2% |
| 2005 | 2.4% | +0.1% |
| 2006 | 3.5% | +47.0% |
| 2007 | 3.5% | -0.1% |
| 2008 | 1.6% | -53.6% |
| 2009 | -2.2% | -234.5% |
| 2010 | 1.4% | -166.2% |
| 2011 | 2.1% | +42.9% |
| 2012 | 0.1% | -96.9% |
| 2013 | 0.6% | +782.7% |
| 2014 | 1.4% | +154.4% |
| 2015 | 2.0% | +38.0% |
| 2016 | 1.8% | -8.8% |
| 2017 | 2.7% | +51.2% |
| 2018 | 2.1% | -22.1% |
| 2019 | 2.2% | +1.3% |
| 2020 | -5.5% | -352.0% |
| 2021 | 6.2% | -213.6% |
| 2022 | 5.0% | -19.0% |
| 2023 | 1.3% | -73.3% |
| 2024 | 1.6% | +16.0% |
| 2025 | 1.3% | -19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.5% | 1.0% | 3.4% | 8 |
| 2000s | 2.1% | -2.2% | 4.1% | 10 |
| 2010s | 1.6% | 0.1% | 2.7% | 10 |
| 2020s | 1.7% | -5.5% | 6.2% | 6 |
Countries ranked near European Union
- 1 Togo 32.3% compare
- 2 Turkmenistan 30.2% compare
- 3 Tajikistan 17.2% compare
- 4 Bhutan 12.4% compare
- 5 Kyrgyzstan 10.9% compare
More economy & growth data for European Union
- Gross fixed capital formation 2.7% (2025)
- Exports of goods and services 8.35 trillion constant 2015 US$ (2025)
- Exports of goods and services 2.3% (2025)
- Exports of goods and services 49.6% (2025)
- Gross fixed capital formation 4.53 trillion current US$ (2025)
- Gross fixed capital formation 3.39 trillion constant 2015 US$ (2025)
- Gross capital formation 3.44 trillion constant 2015 US$ (2025)
- Gross capital formation 22.0% (2025)
- Gross capital formation 4.0% (2025)
- Exports of goods and services 10.54 trillion current US$ (2025)
Frequently asked questions
- What is services, value added in European Union?
- Services, value added in European Union was 1.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in European Union?
- The highest recorded value was 6.2% in 2021.
- What is the lowest services, value added recorded in European Union?
- The lowest recorded value was -5.5% in 2020.
- How does European Union rank for services, value added?
- European Union ranks 2nd out of 3 regions with data for 2025.
- Is services, value added rising or falling in European Union?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.
- Where does this European Union 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.