Services, value added (constant 2015 US$), annual growth rate in South Asia (IDA & IBRD)
South Asia (IDA & IBRD): Services, value added (constant 2015 US$), annual growth rate was 8.34 % change on previous year in 2025. ▲ Rising
Services, value added (constant 2015 US$), annual growth rate in South Asia (IDA & IBRD), 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in South Asia (IDA & IBRD) is 8.34 % change on previous year, measured 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 (constant 2015 us$), annual growth rate in South Asia (IDA & IBRD) peaked at 10.96 % change on previous year in 1999 and was at its lowest, -7.06 % change on previous year, in 2020.
South Asia (IDA & IBRD) ranks 1st of 43 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Services, value added (constant 2015 US$), annual growth rate in South Asia (IDA & IBRD), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 3.48 % change on previous year | — |
| 1962 | 4.16 % change on previous year | +19.7% |
| 1963 | 4.98 % change on previous year | +19.5% |
| 1964 | 4.57 % change on previous year | -8.2% |
| 1965 | 3.79 % change on previous year | -17.0% |
| 1966 | 3.1 % change on previous year | -18.4% |
| 1967 | 4.04 % change on previous year | +30.4% |
| 1968 | 3.27 % change on previous year | -18.9% |
| 1969 | 5.54 % change on previous year | +69.3% |
| 1970 | 3.2 % change on previous year | -42.2% |
| 1971 | 1.11 % change on previous year | -65.2% |
| 1972 | 1.49 % change on previous year | +34.2% |
| 1973 | 3.87 % change on previous year | +158.8% |
| 1974 | 3 % change on previous year | -22.4% |
| 1975 | 5.95 % change on previous year | +98.4% |
| 1976 | 4.21 % change on previous year | -29.3% |
| 1977 | 5.19 % change on previous year | +23.4% |
| 1978 | 5.79 % change on previous year | +11.4% |
| 1979 | 1.94 % change on previous year | -66.4% |
| 1980 | 4.67 % change on previous year | +140.5% |
| 1981 | 5.29 % change on previous year | +13.2% |
| 1982 | 6.62 % change on previous year | +25.1% |
| 1983 | 5.75 % change on previous year | -13.2% |
| 1984 | 6.23 % change on previous year | +8.4% |
| 1985 | 6.72 % change on previous year | +7.8% |
| 1986 | 7.09 % change on previous year | +5.5% |
| 1987 | 6.07 % change on previous year | -14.3% |
| 1988 | 6.37 % change on previous year | +4.9% |
| 1989 | 7.51 % change on previous year | +17.9% |
| 1990 | 5.14 % change on previous year | -31.6% |
| 1991 | 5.23 % change on previous year | +1.8% |
| 1992 | 5.64 % change on previous year | +7.8% |
| 1993 | 7.11 % change on previous year | +26.0% |
| 1994 | 4.97 % change on previous year | -30.1% |
| 1995 | 8.28 % change on previous year | +66.7% |
| 1996 | 6.31 % change on previous year | -23.8% |
| 1997 | 8.18 % change on previous year | +29.7% |
| 1998 | 7.55 % change on previous year | -7.7% |
| 1999 | 10.96 % change on previous year | +45.2% |
| 2000 | 5.22 % change on previous year | -52.4% |
| 2001 | 5.77 % change on previous year | +10.5% |
| 2002 | 6.03 % change on previous year | +4.6% |
| 2003 | 7.08 % change on previous year | +17.2% |
| 2004 | 7.82 % change on previous year | +10.6% |
| 2005 | 8.53 % change on previous year | +9.1% |
| 2006 | 7.05 % change on previous year | -17.3% |
| 2007 | 7.58 % change on previous year | +7.4% |
| 2008 | 6.43 % change on previous year | -15.2% |
| 2009 | 8.01 % change on previous year | +24.6% |
| 2010 | 7.59 % change on previous year | -5.3% |
| 2011 | 6.08 % change on previous year | -19.9% |
| 2012 | 8.2 % change on previous year | +34.9% |
| 2013 | 7.27 % change on previous year | -11.3% |
| 2014 | 9.14 % change on previous year | +25.8% |
| 2015 | 8.87 % change on previous year | -3.0% |
| 2016 | 8.04 % change on previous year | -9.4% |
| 2017 | 6.26 % change on previous year | -22.1% |
| 2018 | 7.03 % change on previous year | +12.3% |
| 2019 | 6.36 % change on previous year | -9.6% |
| 2020 | -7.06 % change on previous year | -211.1% |
| 2021 | 8.64 % change on previous year | -222.3% |
| 2022 | 9.44 % change on previous year | +9.3% |
| 2023 | 6.62 % change on previous year | -29.9% |
| 2024 | 7.42 % change on previous year | +12.1% |
| 2025 | 8.34 % change on previous year | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1 % change on previous year | 3.1 % change on previous year | 5.54 % change on previous year | 9 |
| 1970s | 3.58 % change on previous year | 1.11 % change on previous year | 5.95 % change on previous year | 10 |
| 1980s | 6.23 % change on previous year | 4.67 % change on previous year | 7.51 % change on previous year | 10 |
| 1990s | 6.94 % change on previous year | 4.97 % change on previous year | 10.96 % change on previous year | 10 |
| 2000s | 6.95 % change on previous year | 5.22 % change on previous year | 8.53 % change on previous year | 10 |
| 2010s | 7.48 % change on previous year | 6.08 % change on previous year | 9.14 % change on previous year | 10 |
| 2020s | 5.56 % change on previous year | -7.06 % change on previous year | 9.44 % change on previous year | 6 |
Countries ranked near South Asia (IDA & IBRD)
- 1 Togo 32.29 % change on previous year compare
- 2 Turkmenistan 30.24 % change on previous year compare
- 3 Tajikistan 17.23 % change on previous year compare
- 4 Bhutan 12.45 % change on previous year compare
More economy & growth data for South Asia (IDA & IBRD)
- Gross value added at basic prices (GVA) 3.84 trillion constant 2015 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 8.3% (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 domestic savings 1.42 trillion current US$ (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in South Asia (IDA & IBRD)?
- Services, value added (constant 2015 us$), annual growth rate in South Asia (IDA & IBRD) was 8.34 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in South Asia (IDA & IBRD)?
- The highest recorded value was 10.96 % change on previous year in 1999.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in South Asia (IDA & IBRD)?
- The lowest recorded value was -7.06 % change on previous year in 2020.
- How does South Asia (IDA & IBRD) rank for services, value added (constant 2015 us$), annual growth rate?
- South Asia (IDA & IBRD) ranks 1st out of 43 groups with data for 2025.
- Is services, value added (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). 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.