Services, value added in Upper middle income

Upper middle income: Services, value added was 4.7% in 2025. ▲ Rising

Latest (2025)
4.7%
Change on year
up 4.9%
Rank
18th
of 43 groups
All-time high
10.3%
in 2007
All-time low
-0.7%
in 2020
Years of data
47
1979–2025

Services, value added in Upper middle income, 1979–2025

02.557.510197920022025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for services, value added in Upper middle income is 4.7%, measured in 2025.

The figure is up 4.9% on the previous year and down 13.4% over ten years.

Over the whole period, services, value added in Upper middle income peaked at 10.3% in 2007 and was at its lowest, -0.7%, in 2020.

Upper middle income ranks 18th of 43 groups on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 47 years of available data.

Services, value added in Upper middle income, year by year

Annual values for Services, value added (annual % growth) in Upper middle income, 1979 to 2025.
Year annual % growth Change
1979 7.2%
1980 7.3% +0.5%
1981 2.7% -63.2%
1982 2.7% +1.1%
1983 2.6% -3.4%
1984 5.6% +115.3%
1985 4.7% -16.7%
1986 4.5% -4.6%
1987 5.2% +15.6%
1988 4.2% -19.2%
1989 3.6% -12.7%
1990 2.6% -29.6%
1991 3.8% +47.3%
1992 5.8% +53.8%
1993 6.3% +7.8%
1994 4.9% -21.1%
1995 3.8% -22.9%
1996 5.6% +47.9%
1997 6.1% +8.5%
1998 3.5% -42.8%
1999 4.0% +13.9%
2000 6.1% +51.8%
2001 4.6% -24.2%
2002 5.4% +16.7%
2003 5.3% -0.3%
2004 7.9% +47.5%
2005 7.9% +0.8%
2006 9.0% +13.8%
2007 10.3% +14.2%
2008 6.8% -34.3%
2009 4.4% -34.8%
2010 7.5% +69.7%
2011 7.1% -5.3%
2012 6.2% -13.3%
2013 6.0% -2.4%
2014 5.6% -7.2%
2015 5.4% -3.7%
2016 5.1% -4.2%
2017 6.0% +16.1%
2018 5.9% -1.0%
2019 5.3% -9.7%
2020 -0.7% -113.1%
2021 7.9% -1225.9%
2022 4.2% -46.2%
2023 5.3% +25.0%
2024 4.4% -16.3%
2025 4.7% +4.9%

Biggest year-on-year movements

Years where Services, value added in Upper middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +1225.9% -0.7% 7.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.2% 7.2% 7.2% 1
1980s 4.3% 2.6% 7.3% 10
1990s 4.6% 2.6% 6.3% 10
2000s 6.8% 4.4% 10.3% 10
2010s 6.0% 5.1% 7.5% 10
2020s 4.3% -0.7% 7.9% 6

Countries ranked near Upper middle income

  1. 15 Rwanda 8.5% compare
  2. 16 Ghana 8.1% compare
  3. 17 Guyana 8.0% compare
  4. 18 Iraq 7.9% compare
  5. 19 Ethiopia 7.5% compare
  6. 20 Cote d'Ivoire 7.3% compare
  7. 21 Libya 7.2% compare

See the full ranking of 242 places →

More economy & growth data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is services, value added in Upper middle income?
Services, value added in Upper middle income was 4.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Upper middle income?
The highest recorded value was 10.3% in 2007.
What is the lowest services, value added recorded in Upper middle income?
The lowest recorded value was -0.7% in 2020.
How does Upper middle income rank for services, value added?
Upper middle income ranks 18th out of 43 groups with data for 2025.
Is services, value added rising or falling in Upper middle income?
Over the last ten years it is down 13.4%. The long-run trend across the full record is rising.
Where does this Upper middle income 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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Services, value added in Upper middle income. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/services-value-added-annual-percent-growth/upper-middle-income/

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About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,649 data points, 1961–2025
Last refreshed

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.