Services, value added in South Asia (IDA & IBRD)
South Asia (IDA & IBRD): Services, value added was 8.3% in 2025. ▲ Rising
Services, value added in South Asia (IDA & IBRD), 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
South Asia (IDA & IBRD) recorded 8.3% for services, value added in 2025.
That represents a change of up 12.4% on the previous year and down 6.0% over ten years.
Over the whole period, services, value added in South Asia (IDA & IBRD) peaked at 11.0% in 1999 and was at its lowest, -7.1%, in 2020.
That places South Asia (IDA & IBRD) 1st out of 41 groups with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Services, value added in South Asia (IDA & IBRD), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 3.5% | — |
| 1962 | 4.2% | +19.8% |
| 1963 | 5.0% | +19.5% |
| 1964 | 4.6% | -8.2% |
| 1965 | 3.8% | -17.0% |
| 1966 | 3.1% | -18.4% |
| 1967 | 4.0% | +30.4% |
| 1968 | 3.3% | -18.9% |
| 1969 | 5.5% | +69.3% |
| 1970 | 3.2% | -42.2% |
| 1971 | 1.1% | -65.2% |
| 1972 | 1.5% | +34.2% |
| 1973 | 3.9% | +158.8% |
| 1974 | 3.0% | -22.4% |
| 1975 | 6.0% | +98.4% |
| 1976 | 4.2% | -29.3% |
| 1977 | 5.2% | +23.4% |
| 1978 | 5.8% | +11.4% |
| 1979 | 1.9% | -66.4% |
| 1980 | 4.7% | +140.4% |
| 1981 | 5.3% | +13.3% |
| 1982 | 6.6% | +25.1% |
| 1983 | 5.7% | -13.2% |
| 1984 | 6.2% | +8.4% |
| 1985 | 6.7% | +7.8% |
| 1986 | 7.1% | +5.5% |
| 1987 | 6.1% | -14.3% |
| 1988 | 6.4% | +4.9% |
| 1989 | 7.5% | +17.9% |
| 1990 | 5.1% | -31.6% |
| 1991 | 5.2% | +1.8% |
| 1992 | 5.6% | +7.8% |
| 1993 | 7.1% | +26.0% |
| 1994 | 5.0% | -30.1% |
| 1995 | 8.3% | +66.7% |
| 1996 | 6.3% | -23.8% |
| 1997 | 8.2% | +29.7% |
| 1998 | 7.6% | -7.7% |
| 1999 | 11.0% | +45.2% |
| 2000 | 5.2% | -52.4% |
| 2001 | 5.8% | +10.5% |
| 2002 | 6.0% | +4.6% |
| 2003 | 7.1% | +17.3% |
| 2004 | 7.8% | +10.6% |
| 2005 | 8.5% | +9.1% |
| 2006 | 7.1% | -17.3% |
| 2007 | 7.6% | +7.4% |
| 2008 | 6.4% | -15.2% |
| 2009 | 8.0% | +24.6% |
| 2010 | 7.6% | -5.3% |
| 2011 | 6.1% | -19.9% |
| 2012 | 8.2% | +34.9% |
| 2013 | 7.3% | -11.3% |
| 2014 | 9.1% | +25.8% |
| 2015 | 8.9% | -3.0% |
| 2016 | 8.0% | -9.4% |
| 2017 | 6.3% | -22.1% |
| 2018 | 7.0% | +12.3% |
| 2019 | 6.4% | -9.6% |
| 2020 | -7.1% | -211.1% |
| 2021 | 8.6% | -222.3% |
| 2022 | 9.4% | +9.3% |
| 2023 | 6.6% | -29.9% |
| 2024 | 7.4% | +12.2% |
| 2025 | 8.3% | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1% | 3.1% | 5.5% | 9 |
| 1970s | 3.6% | 1.1% | 6.0% | 10 |
| 1980s | 6.2% | 4.7% | 7.5% | 10 |
| 1990s | 6.9% | 5.0% | 11.0% | 10 |
| 2000s | 7.0% | 5.2% | 8.5% | 10 |
| 2010s | 7.5% | 6.1% | 9.1% | 10 |
| 2020s | 5.6% | -7.1% | 9.4% | 6 |
Countries ranked near South Asia (IDA & IBRD)
- 1 Togo 32.3% compare
- 2 Turkmenistan 30.2% compare
- 3 Tajikistan 17.2% compare
- 4 Bhutan 12.4% compare
More economy & growth data for South Asia (IDA & IBRD)
- GDP 4.58 trillion current US$ (2025)
- Industry (including construction), value added 8.2% (2025)
- Industry (including construction), value added 25.9% (2025)
- Trade in services 14.5% (2025)
- Services, value added 2.10 trillion constant 2015 US$ (2025)
- Services, value added 49.8% (2025)
- Inflation, GDP deflator 3.2% (2025)
- Gross value added at basic prices (GVA) 4.18 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 3.84 trillion constant 2015 US$ (2025)
- Gross domestic savings 31.1% (2025)
Frequently asked questions
- What is services, value added in South Asia (IDA & IBRD)?
- Services, value added in South Asia (IDA & IBRD) was 8.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in South Asia (IDA & IBRD)?
- The highest recorded value was 11.0% in 1999.
- What is the lowest services, value added recorded in South Asia (IDA & IBRD)?
- The lowest recorded value was -7.1% in 2020.
- How does South Asia (IDA & IBRD) rank for services, value added?
- South Asia (IDA & IBRD) ranks 1st out of 41 groups with data for 2025.
- Is services, value added rising or falling in South Asia (IDA & IBRD)?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is rising.
- Where does this South Asia (IDA & IBRD) 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.
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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.