Services, value added (constant 2015 US$), annual growth rate in Low & middle income

Low & middle income: Services, value added (constant 2015 US$), annual growth rate was 5.02 % change on previous year in 2025. ▲ Rising

Latest (2025)
5.02 % change on previous year
Change on year
up 7.4%
Rank
10th
of 43 groups
All-time high
9.94 % change on previous year
in 2007
All-time low
-1.46 % change on previous year
in 2020
Years of data
47
1979–2025

Services, value added (constant 2015 US$), annual growth rate in Low & middle income, 1979–2025

-2.502.557.510197920022025

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 Low & middle income is 5.02 % change on previous year, measured in 2025.

Compared with earlier readings it is up 7.4% on the previous year and down 8.5% over ten years.

Over the whole period, services, value added (constant 2015 us$), annual growth rate in Low & middle income peaked at 9.94 % change on previous year in 2007 and was at its lowest, -1.46 % change on previous year, in 2020.

That places Low & middle income 10th out of 43 groups with data for 2025, putting it in the top quarter.

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

Services, value added (constant 2015 US$), annual growth rate in Low & middle income, year by year

Annual values for Services, value added (constant 2015 US$), annual growth rate in Low & middle income, 1979 to 2025.
Year % change on previous year Change
1979 6.73 % change on previous year
1980 7 % change on previous year +4.1%
1981 3.04 % change on previous year -56.6%
1982 3.13 % change on previous year +2.9%
1983 2.92 % change on previous year -6.7%
1984 5.31 % change on previous year +82.0%
1985 4.77 % change on previous year -10.2%
1986 4.64 % change on previous year -2.9%
1987 5.21 % change on previous year +12.3%
1988 4.35 % change on previous year -16.4%
1989 3.86 % change on previous year -11.3%
1990 2.9 % change on previous year -24.9%
1991 3.88 % change on previous year +33.8%
1992 5.52 % change on previous year +42.5%
1993 5.86 % change on previous year +6.1%
1994 4.7 % change on previous year -19.9%
1995 4.09 % change on previous year -13.0%
1996 5.45 % change on previous year +33.4%
1997 6.08 % change on previous year +11.6%
1998 3.92 % change on previous year -35.5%
1999 4.37 % change on previous year +11.5%
2000 5.54 % change on previous year +26.6%
2001 5.06 % change on previous year -8.7%
2002 5.44 % change on previous year +7.5%
2003 5.4 % change on previous year -0.7%
2004 7.99 % change on previous year +48.1%
2005 7.9 % change on previous year -1.2%
2006 8.72 % change on previous year +10.3%
2007 9.94 % change on previous year +14.0%
2008 6.82 % change on previous year -31.4%
2009 4.86 % change on previous year -28.6%
2010 7.45 % change on previous year +53.3%
2011 6.69 % change on previous year -10.2%
2012 6.1 % change on previous year -8.8%
2013 6.1 % change on previous year -0.0%
2014 5.84 % change on previous year -4.3%
2015 5.48 % change on previous year -6.1%
2016 5.15 % change on previous year -5.9%
2017 5.69 % change on previous year +10.4%
2018 5.81 % change on previous year +2.1%
2019 5.3 % change on previous year -8.8%
2020 -1.46 % change on previous year -127.6%
2021 7.61 % change on previous year -620.3%
2022 4.79 % change on previous year -37.1%
2023 5.26 % change on previous year +9.9%
2024 4.67 % change on previous year -11.3%
2025 5.02 % change on previous year +7.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.73 % change on previous year 6.73 % change on previous year 6.73 % change on previous year 1
1980s 4.42 % change on previous year 2.92 % change on previous year 7 % change on previous year 10
1990s 4.68 % change on previous year 2.9 % change on previous year 6.08 % change on previous year 10
2000s 6.77 % change on previous year 4.86 % change on previous year 9.94 % change on previous year 10
2010s 5.96 % change on previous year 5.15 % change on previous year 7.45 % change on previous year 10
2020s 4.31 % change on previous year -1.46 % change on previous year 7.61 % change on previous year 6

Countries ranked near Low & middle income

  1. 7 South Sudan 10.38 % change on previous year compare
  2. 8 Macao 9.04 % change on previous year compare
  3. 9 India 8.97 % change on previous year compare
  4. 10 Palau 8.91 % change on previous year compare
  5. 11 Niger 8.86 % change on previous year compare
  6. 12 Viet Nam 8.62 % change on previous year compare
  7. 13 Uzbekistan 8.53 % change on previous year compare

See the full ranking of 238 places →

More economy & growth data for Low & middle income

All data for Low & middle income →

Frequently asked questions

What is services, value added (constant 2015 us$), annual growth rate in Low & middle income?
Services, value added (constant 2015 us$), annual growth rate in Low & middle income was 5.02 % change on previous year in 2025, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Low & middle income?
The highest recorded value was 9.94 % change on previous year in 2007.
What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Low & middle income?
The lowest recorded value was -1.46 % change on previous year in 2020.
How does Low & middle income rank for services, value added (constant 2015 us$), annual growth rate?
Low & middle income ranks 10th out of 43 groups with data for 2025.
Is services, value added (constant 2015 us$), annual growth rate rising or falling in Low & middle income?
Over the last ten years it is down 8.5%. The long-run trend across the full record is rising.
Where does this Low & middle 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.

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Services, value added (constant 2015 US$), annual growth rate in Low & middle income. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-annual-growth-rate/low-and-middle-income/

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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

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

Indicator
Services, value added (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,572 data points, 1961–2025
Last refreshed

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.