Services, value added (constant 2015 US$), annual growth rate in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Services, value added (constant 2015 US$), annual growth rate was 4.09 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Europe & Central Asia (excluding high income), 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in Europe & Central Asia (excluding high income) is 4.09 % change on previous year, measured in 2024.
The figure is down 23.3% on the previous year and down 10.1% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Europe & Central Asia (excluding high income) peaked at 11.08 % change on previous year in 2021 and was at its lowest, -5.43 % change on previous year, in 1994.
Europe & Central Asia (excluding high income) ranks 23rd of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Europe & Central Asia (excluding high income), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -3.1 % change on previous year | — |
| 1992 | 3.8 % change on previous year | -222.5% |
| 1993 | 1.61 % change on previous year | -57.7% |
| 1994 | -5.43 % change on previous year | -437.7% |
| 1995 | 2.39 % change on previous year | -144.0% |
| 1996 | 3.27 % change on previous year | +37.1% |
| 1997 | 5.43 % change on previous year | +65.9% |
| 1998 | 3.58 % change on previous year | -34.0% |
| 1999 | -0.8897 % change on previous year | -124.8% |
| 2000 | 6.26 % change on previous year | -804.0% |
| 2001 | 1.94 % change on previous year | -69.1% |
| 2002 | 6.13 % change on previous year | +216.4% |
| 2003 | 6.53 % change on previous year | +6.6% |
| 2004 | 9.02 % change on previous year | +38.1% |
| 2005 | 7.55 % change on previous year | -16.2% |
| 2006 | 6.63 % change on previous year | -12.2% |
| 2007 | 7.76 % change on previous year | +17.1% |
| 2008 | 3.45 % change on previous year | -55.6% |
| 2009 | -2.39 % change on previous year | -169.5% |
| 2010 | 5.46 % change on previous year | -328.0% |
| 2011 | 7.63 % change on previous year | +39.7% |
| 2012 | 5.87 % change on previous year | -23.1% |
| 2013 | 6.14 % change on previous year | +4.6% |
| 2014 | 4.54 % change on previous year | -26.0% |
| 2015 | 3.73 % change on previous year | -17.9% |
| 2016 | 2.75 % change on previous year | -26.3% |
| 2017 | 6.46 % change on previous year | +134.9% |
| 2018 | 5.24 % change on previous year | -18.9% |
| 2019 | 4.06 % change on previous year | -22.5% |
| 2020 | -1.03 % change on previous year | -125.3% |
| 2021 | 11.08 % change on previous year | -1176.9% |
| 2022 | 6.79 % change on previous year | -38.7% |
| 2023 | 5.33 % change on previous year | -21.5% |
| 2024 | 4.09 % change on previous year | -23.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.18 % change on previous year | -5.43 % change on previous year | 5.43 % change on previous year | 9 |
| 2000s | 5.29 % change on previous year | -2.39 % change on previous year | 9.02 % change on previous year | 10 |
| 2010s | 5.19 % change on previous year | 2.75 % change on previous year | 7.63 % change on previous year | 10 |
| 2020s | 5.25 % change on previous year | -1.03 % change on previous year | 11.08 % change on previous year | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 20 Côte d'Ivoire 7.29 % change on previous year compare
- 21 Libya 7.16 % change on previous year compare
- 22 Mali 7.14 % change on previous year compare
- 23 Armenia 6.9 % change on previous year compare
- 24 Congo, Democratic Republic of the 6.78 % change on previous year compare
- 25 Gambia 6.64 % change on previous year compare
- 26 Burundi 6.52 % change on previous year compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 17.4 % change on previous year (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1037 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,153 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5913 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 6,574 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.07 % change on previous year (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Europe & Central Asia (excluding high income)?
- Services, value added (constant 2015 us$), annual growth rate in Europe & Central Asia (excluding high income) was 4.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 11.08 % change on previous year in 2021.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was -5.43 % change on previous year in 1994.
- How does Europe & Central Asia (excluding high income) rank for services, value added (constant 2015 us$), annual growth rate?
- Europe & Central Asia (excluding high income) ranks 23rd out of 43 groups with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 10.1%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.