Services, value added (constant 2015 US$) in South Asia (IDA & IBRD)
South Asia (IDA & IBRD): Services, value added (constant 2015 US$) was 2.10 trillion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in South Asia (IDA & IBRD), 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, services, value added in South Asia (IDA & IBRD) stood at 2.10 trillion constant 2015 US$. That is the highest value across all 66 years on record.
The figure is up 8.3% on the previous year and up 79.2% over ten years.
Over the whole period, services, value added in South Asia (IDA & IBRD) peaked at 2.10 trillion constant 2015 US$ in 2025 and was at its lowest, 52.27 billion constant 2015 US$, in 1960.
South Asia (IDA & IBRD) ranks 21st of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$) in South Asia (IDA & IBRD), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 52.27 billion constant 2015 US$ | — |
| 1961 | 54.09 billion constant 2015 US$ | +3.5% |
| 1962 | 56.34 billion constant 2015 US$ | +4.2% |
| 1963 | 59.14 billion constant 2015 US$ | +5.0% |
| 1964 | 61.85 billion constant 2015 US$ | +4.6% |
| 1965 | 64.19 billion constant 2015 US$ | +3.8% |
| 1966 | 66.18 billion constant 2015 US$ | +3.1% |
| 1967 | 68.85 billion constant 2015 US$ | +4.0% |
| 1968 | 71.10 billion constant 2015 US$ | +3.3% |
| 1969 | 75.04 billion constant 2015 US$ | +5.5% |
| 1970 | 77.45 billion constant 2015 US$ | +3.2% |
| 1971 | 78.31 billion constant 2015 US$ | +1.1% |
| 1972 | 79.48 billion constant 2015 US$ | +1.5% |
| 1973 | 82.55 billion constant 2015 US$ | +3.9% |
| 1974 | 85.03 billion constant 2015 US$ | +3.0% |
| 1975 | 90.09 billion constant 2015 US$ | +6.0% |
| 1976 | 93.89 billion constant 2015 US$ | +4.2% |
| 1977 | 98.76 billion constant 2015 US$ | +5.2% |
| 1978 | 104.48 billion constant 2015 US$ | +5.8% |
| 1979 | 106.51 billion constant 2015 US$ | +1.9% |
| 1980 | 111.48 billion constant 2015 US$ | +4.7% |
| 1981 | 117.38 billion constant 2015 US$ | +5.3% |
| 1982 | 125.14 billion constant 2015 US$ | +6.6% |
| 1983 | 132.33 billion constant 2015 US$ | +5.7% |
| 1984 | 140.58 billion constant 2015 US$ | +6.2% |
| 1985 | 150.02 billion constant 2015 US$ | +6.7% |
| 1986 | 160.65 billion constant 2015 US$ | +7.1% |
| 1987 | 170.41 billion constant 2015 US$ | +6.1% |
| 1988 | 181.26 billion constant 2015 US$ | +6.4% |
| 1989 | 194.87 billion constant 2015 US$ | +7.5% |
| 1990 | 204.88 billion constant 2015 US$ | +5.1% |
| 1991 | 215.59 billion constant 2015 US$ | +5.2% |
| 1992 | 227.75 billion constant 2015 US$ | +5.6% |
| 1993 | 243.93 billion constant 2015 US$ | +7.1% |
| 1994 | 256.05 billion constant 2015 US$ | +5.0% |
| 1995 | 277.24 billion constant 2015 US$ | +8.3% |
| 1996 | 294.73 billion constant 2015 US$ | +6.3% |
| 1997 | 318.84 billion constant 2015 US$ | +8.2% |
| 1998 | 342.92 billion constant 2015 US$ | +7.6% |
| 1999 | 380.51 billion constant 2015 US$ | +11.0% |
| 2000 | 400.37 billion constant 2015 US$ | +5.2% |
| 2001 | 423.46 billion constant 2015 US$ | +5.8% |
| 2002 | 449.02 billion constant 2015 US$ | +6.0% |
| 2003 | 480.79 billion constant 2015 US$ | +7.1% |
| 2004 | 518.39 billion constant 2015 US$ | +7.8% |
| 2005 | 562.62 billion constant 2015 US$ | +8.5% |
| 2006 | 602.31 billion constant 2015 US$ | +7.1% |
| 2007 | 647.95 billion constant 2015 US$ | +7.6% |
| 2008 | 689.59 billion constant 2015 US$ | +6.4% |
| 2009 | 744.81 billion constant 2015 US$ | +8.0% |
| 2010 | 801.33 billion constant 2015 US$ | +7.6% |
| 2011 | 850.03 billion constant 2015 US$ | +6.1% |
| 2012 | 919.72 billion constant 2015 US$ | +8.2% |
| 2013 | 986.60 billion constant 2015 US$ | +7.3% |
| 2014 | 1.08 trillion constant 2015 US$ | +9.1% |
| 2015 | 1.17 trillion constant 2015 US$ | +8.9% |
| 2016 | 1.27 trillion constant 2015 US$ | +8.0% |
| 2017 | 1.35 trillion constant 2015 US$ | +6.3% |
| 2018 | 1.44 trillion constant 2015 US$ | +7.0% |
| 2019 | 1.53 trillion constant 2015 US$ | +6.4% |
| 2020 | 1.42 trillion constant 2015 US$ | -7.1% |
| 2021 | 1.55 trillion constant 2015 US$ | +8.6% |
| 2022 | 1.69 trillion constant 2015 US$ | +9.4% |
| 2023 | 1.80 trillion constant 2015 US$ | +6.6% |
| 2024 | 1.94 trillion constant 2015 US$ | +7.4% |
| 2025 | 2.10 trillion constant 2015 US$ | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.91 billion constant 2015 US$ | 52.27 billion constant 2015 US$ | 75.04 billion constant 2015 US$ | 10 |
| 1970s | 89.66 billion constant 2015 US$ | 77.45 billion constant 2015 US$ | 106.51 billion constant 2015 US$ | 10 |
| 1980s | 148.41 billion constant 2015 US$ | 111.48 billion constant 2015 US$ | 194.87 billion constant 2015 US$ | 10 |
| 1990s | 276.24 billion constant 2015 US$ | 204.88 billion constant 2015 US$ | 380.51 billion constant 2015 US$ | 10 |
| 2000s | 551.93 billion constant 2015 US$ | 400.37 billion constant 2015 US$ | 744.81 billion constant 2015 US$ | 10 |
| 2010s | 1.14 trillion constant 2015 US$ | 801.33 billion constant 2015 US$ | 1.53 trillion constant 2015 US$ | 10 |
| 2020s | 1.75 trillion constant 2015 US$ | 1.42 trillion constant 2015 US$ | 2.10 trillion constant 2015 US$ | 6 |
Countries ranked near South Asia (IDA & IBRD)
- 18 Switzerland 589.77 billion constant 2015 US$ compare
- 19 Saudi Arabia 560.15 billion constant 2015 US$ compare
- 20 Poland 406.23 billion constant 2015 US$ compare
- 21 Sweden 391.76 billion constant 2015 US$ compare
- 22 Belgium 385.76 billion constant 2015 US$ compare
- 23 Argentina 348.29 billion constant 2015 US$ compare
- 24 Nigeria 333.22 billion constant 2015 US$ compare
More economy & growth data for South Asia (IDA & IBRD)
- Households and NPISHs Final consumption expenditure (current US$) 0.5874 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 6.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0821 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 221.99 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 5.38 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 7.46 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,504 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5559 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 275.19 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,589 current US$ per person (2025)
Frequently asked questions
- What is services, value added in South Asia (IDA & IBRD)?
- Services, value added in South Asia (IDA & IBRD) was 2.10 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in South Asia (IDA & IBRD)?
- The highest recorded value was 2.10 trillion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in South Asia (IDA & IBRD)?
- The lowest recorded value was 52.27 billion constant 2015 US$ in 1960.
- How does South Asia (IDA & IBRD) rank for services, value added?
- South Asia (IDA & IBRD) ranks 21st out of 43 groups with data for 2025.
- Is services, value added rising or falling in South Asia (IDA & IBRD)?
- Over the last ten years it is up 79.2%. The long-run trend across the full record is volatile.
- Where does this South Asia (IDA & IBRD) 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.