Services, value added in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Services, value added was 12.48 trillion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in East Asia & Pacific (IDA & IBRD countries), 1978–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, services, value added in East Asia & Pacific (IDA & IBRD countries) stood at 12.48 trillion constant 2015 US$. That is the highest value across all 48 years on record.
The figure is up 5.4% on the previous year and up 80.2% over ten years.
Over the whole period, services, value added in East Asia & Pacific (IDA & IBRD countries) peaked at 12.48 trillion constant 2015 US$ in 2025 and was at its lowest, 257.22 billion constant 2015 US$, in 1978.
East Asia & Pacific (IDA & IBRD countries) ranks 11th of 41 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1978 | 257.22 billion constant 2015 US$ | — |
| 1979 | 276.35 billion constant 2015 US$ | +7.4% |
| 1980 | 297.84 billion constant 2015 US$ | +7.8% |
| 1981 | 324.22 billion constant 2015 US$ | +8.9% |
| 1982 | 356.10 billion constant 2015 US$ | +9.8% |
| 1983 | 394.79 billion constant 2015 US$ | +10.9% |
| 1984 | 446.08 billion constant 2015 US$ | +13.0% |
| 1985 | 503.42 billion constant 2015 US$ | +12.9% |
| 1986 | 551.80 billion constant 2015 US$ | +9.6% |
| 1987 | 618.15 billion constant 2015 US$ | +12.0% |
| 1988 | 689.64 billion constant 2015 US$ | +11.6% |
| 1989 | 738.61 billion constant 2015 US$ | +7.1% |
| 1990 | 769.34 billion constant 2015 US$ | +4.2% |
| 1991 | 834.40 billion constant 2015 US$ | +8.5% |
| 1992 | 926.52 billion constant 2015 US$ | +11.0% |
| 1993 | 1.03 trillion constant 2015 US$ | +11.3% |
| 1994 | 1.14 trillion constant 2015 US$ | +10.2% |
| 1995 | 1.24 trillion constant 2015 US$ | +9.3% |
| 1996 | 1.35 trillion constant 2015 US$ | +8.5% |
| 1997 | 1.46 trillion constant 2015 US$ | +8.6% |
| 1998 | 1.52 trillion constant 2015 US$ | +3.8% |
| 1999 | 1.63 trillion constant 2015 US$ | +7.6% |
| 2000 | 1.78 trillion constant 2015 US$ | +8.8% |
| 2001 | 1.93 trillion constant 2015 US$ | +8.8% |
| 2002 | 2.12 trillion constant 2015 US$ | +9.5% |
| 2003 | 2.30 trillion constant 2015 US$ | +8.8% |
| 2004 | 2.52 trillion constant 2015 US$ | +9.5% |
| 2005 | 2.81 trillion constant 2015 US$ | +11.2% |
| 2006 | 3.16 trillion constant 2015 US$ | +12.5% |
| 2007 | 3.61 trillion constant 2015 US$ | +14.5% |
| 2008 | 3.96 trillion constant 2015 US$ | +9.6% |
| 2009 | 4.30 trillion constant 2015 US$ | +8.5% |
| 2010 | 4.68 trillion constant 2015 US$ | +8.9% |
| 2011 | 5.10 trillion constant 2015 US$ | +8.8% |
| 2012 | 5.50 trillion constant 2015 US$ | +7.9% |
| 2013 | 5.93 trillion constant 2015 US$ | +7.9% |
| 2014 | 6.41 trillion constant 2015 US$ | +7.9% |
| 2015 | 6.93 trillion constant 2015 US$ | +8.1% |
| 2016 | 7.45 trillion constant 2015 US$ | +7.6% |
| 2017 | 8.04 trillion constant 2015 US$ | +7.8% |
| 2018 | 8.65 trillion constant 2015 US$ | +7.7% |
| 2019 | 9.29 trillion constant 2015 US$ | +7.4% |
| 2020 | 9.42 trillion constant 2015 US$ | +1.4% |
| 2021 | 10.18 trillion constant 2015 US$ | +8.1% |
| 2022 | 10.59 trillion constant 2015 US$ | +4.1% |
| 2023 | 11.25 trillion constant 2015 US$ | +6.2% |
| 2024 | 11.84 trillion constant 2015 US$ | +5.2% |
| 2025 | 12.48 trillion constant 2015 US$ | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 266.78 billion constant 2015 US$ | 257.22 billion constant 2015 US$ | 276.35 billion constant 2015 US$ | 2 |
| 1980s | 492.07 billion constant 2015 US$ | 297.84 billion constant 2015 US$ | 738.61 billion constant 2015 US$ | 10 |
| 1990s | 1.19 trillion constant 2015 US$ | 769.34 billion constant 2015 US$ | 1.63 trillion constant 2015 US$ | 10 |
| 2000s | 2.85 trillion constant 2015 US$ | 1.78 trillion constant 2015 US$ | 4.30 trillion constant 2015 US$ | 10 |
| 2010s | 6.80 trillion constant 2015 US$ | 4.68 trillion constant 2015 US$ | 9.29 trillion constant 2015 US$ | 10 |
| 2020s | 10.96 trillion constant 2015 US$ | 9.42 trillion constant 2015 US$ | 12.48 trillion constant 2015 US$ | 6 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 8 Brazil 1.31 trillion constant 2015 US$ compare
- 9 Canada 1.31 trillion constant 2015 US$ compare
- 10 Australia 1.19 trillion constant 2015 US$ compare
- 11 South Korea 1.12 trillion constant 2015 US$ compare
- 12 Spain 1.05 trillion constant 2015 US$ compare
- 13 Russia 951.93 billion constant 2015 US$ compare
- 14 Mexico 852.73 billion constant 2015 US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Industry (including construction), value added 8.26 trillion current US$ (2025)
- External balance on goods and services 3.7% (2025)
- Trade 46.9% (2025)
- Trade in services 6.2% (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Manufacturing, value added 5.58 trillion current US$ (2025)
- Manufacturing, value added 24.0% (2025)
- Services, value added 5.4% (2025)
- Services, value added 13.12 trillion current US$ (2025)
- Industry (including construction), value added 35.6% (2025)
Frequently asked questions
- What is services, value added in East Asia & Pacific (IDA & IBRD countries)?
- Services, value added in East Asia & Pacific (IDA & IBRD countries) was 12.48 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 12.48 trillion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 257.22 billion constant 2015 US$ in 1978.
- How does East Asia & Pacific (IDA & IBRD countries) rank for services, value added?
- East Asia & Pacific (IDA & IBRD countries) ranks 11th out of 41 groups with data for 2025.
- Is services, value added rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 80.2%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 defense, 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.