Services, value added in Europe & Central Asia
Europe & Central Asia: Services, value added was 16.26 trillion constant 2015 US$ in 2025. ▲ Rising
Services, value added in Europe & Central Asia, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Europe & Central Asia is 16.26 trillion constant 2015 US$, measured in 2025. That is the highest value across all 35 years on record.
The figure is up 1.5% on the previous year and up 22.1% over ten years.
Over the whole period, services, value added in Europe & Central Asia peaked at 16.26 trillion constant 2015 US$ in 2025 and was at its lowest, 7.99 trillion constant 2015 US$, in 1991.
That places Europe & Central Asia 9th out of 41 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Services, value added in Europe & Central Asia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 7.99 trillion constant 2015 US$ | — |
| 1992 | 8.07 trillion constant 2015 US$ | +1.1% |
| 1993 | 8.08 trillion constant 2015 US$ | +0.0% |
| 1994 | 8.25 trillion constant 2015 US$ | +2.2% |
| 1995 | 8.45 trillion constant 2015 US$ | +2.4% |
| 1996 | 8.66 trillion constant 2015 US$ | +2.5% |
| 1997 | 8.93 trillion constant 2015 US$ | +3.2% |
| 1998 | 9.20 trillion constant 2015 US$ | +3.0% |
| 1999 | 9.46 trillion constant 2015 US$ | +2.8% |
| 2000 | 9.88 trillion constant 2015 US$ | +4.5% |
| 2001 | 10.14 trillion constant 2015 US$ | +2.6% |
| 2002 | 10.33 trillion constant 2015 US$ | +1.8% |
| 2003 | 10.52 trillion constant 2015 US$ | +1.8% |
| 2004 | 10.83 trillion constant 2015 US$ | +2.9% |
| 2005 | 11.16 trillion constant 2015 US$ | +3.1% |
| 2006 | 11.59 trillion constant 2015 US$ | +3.8% |
| 2007 | 12.09 trillion constant 2015 US$ | +4.3% |
| 2008 | 12.31 trillion constant 2015 US$ | +1.9% |
| 2009 | 12.02 trillion constant 2015 US$ | -2.4% |
| 2010 | 12.26 trillion constant 2015 US$ | +2.1% |
| 2011 | 12.54 trillion constant 2015 US$ | +2.2% |
| 2012 | 12.67 trillion constant 2015 US$ | +1.1% |
| 2013 | 12.82 trillion constant 2015 US$ | +1.2% |
| 2014 | 13.08 trillion constant 2015 US$ | +2.0% |
| 2015 | 13.31 trillion constant 2015 US$ | +1.8% |
| 2016 | 13.56 trillion constant 2015 US$ | +1.9% |
| 2017 | 13.96 trillion constant 2015 US$ | +2.9% |
| 2018 | 14.28 trillion constant 2015 US$ | +2.3% |
| 2019 | 14.58 trillion constant 2015 US$ | +2.1% |
| 2020 | 13.76 trillion constant 2015 US$ | -5.7% |
| 2021 | 14.71 trillion constant 2015 US$ | +7.0% |
| 2022 | 15.43 trillion constant 2015 US$ | +4.9% |
| 2023 | 15.70 trillion constant 2015 US$ | +1.8% |
| 2024 | 16.02 trillion constant 2015 US$ | +2.0% |
| 2025 | 16.26 trillion constant 2015 US$ | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.56 trillion constant 2015 US$ | 7.99 trillion constant 2015 US$ | 9.46 trillion constant 2015 US$ | 9 |
| 2000s | 11.09 trillion constant 2015 US$ | 9.88 trillion constant 2015 US$ | 12.31 trillion constant 2015 US$ | 10 |
| 2010s | 13.31 trillion constant 2015 US$ | 12.26 trillion constant 2015 US$ | 14.58 trillion constant 2015 US$ | 10 |
| 2020s | 15.31 trillion constant 2015 US$ | 13.76 trillion constant 2015 US$ | 16.26 trillion constant 2015 US$ | 6 |
Countries ranked near Europe & Central Asia
- 6 India 1.84 trillion constant 2015 US$ compare
- 7 Italy 1.36 trillion constant 2015 US$ compare
- 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 Korea 1.12 trillion constant 2015 US$ compare
- 12 Spain 1.05 trillion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia
- Final consumption expenditure 1.9% (2025)
- Manufacturing, value added 3.67 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 53.7% (2025)
- Final consumption expenditure 23.98 trillion current US$ (2025)
- Final consumption expenditure 18.61 trillion constant 2015 US$ (2025)
- Gross national expenditure 23.62 trillion constant 2015 US$ (2025)
- Exports of goods and services 11.21 trillion constant 2015 US$ (2025)
- Exports of goods and services 14.11 trillion current US$ (2025)
- Manufacturing, value added 13.5% (2025)
- Gross national expenditure 31.37 trillion current US$ (2025)
Frequently asked questions
- What is services, value added in Europe & Central Asia?
- Services, value added in Europe & Central Asia was 16.26 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Europe & Central Asia?
- The highest recorded value was 16.26 trillion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Europe & Central Asia?
- The lowest recorded value was 7.99 trillion constant 2015 US$ in 1991.
- How does Europe & Central Asia rank for services, value added?
- Europe & Central Asia ranks 9th out of 41 groups with data for 2025.
- Is services, value added rising or falling in Europe & Central Asia?
- Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.
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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.