Services, value added in United States
United States: Services, value added was 18.09 trillion current LCU in 2021. ▲ Rising
Services, value added in United States, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
United States recorded 18.09 trillion current LCU for services, value added in 2021. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 52.8% over ten years.
Over the whole period, services, value added in United States peaked at 18.09 trillion current LCU in 2021 and was at its lowest, 6.16 trillion current LCU, in 1997.
That places United States 37th out of 206 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added in United States, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 6.16 trillion current LCU | — |
| 1998 | 6.56 trillion current LCU | +6.6% |
| 1999 | 7.00 trillion current LCU | +6.7% |
| 2000 | 7.46 trillion current LCU | +6.6% |
| 2001 | 7.83 trillion current LCU | +4.9% |
| 2002 | 8.18 trillion current LCU | +4.5% |
| 2003 | 8.55 trillion current LCU | +4.5% |
| 2004 | 9.06 trillion current LCU | +6.0% |
| 2005 | 9.65 trillion current LCU | +6.5% |
| 2006 | 10.18 trillion current LCU | +5.5% |
| 2007 | 10.70 trillion current LCU | +5.1% |
| 2008 | 11.02 trillion current LCU | +3.0% |
| 2009 | 11.08 trillion current LCU | +0.5% |
| 2010 | 11.48 trillion current LCU | +3.6% |
| 2011 | 11.84 trillion current LCU | +3.1% |
| 2012 | 12.38 trillion current LCU | +4.6% |
| 2013 | 12.77 trillion current LCU | +3.2% |
| 2014 | 13.31 trillion current LCU | +4.2% |
| 2015 | 13.97 trillion current LCU | +5.0% |
| 2016 | 14.48 trillion current LCU | +3.6% |
| 2017 | 15.00 trillion current LCU | +3.6% |
| 2018 | 15.76 trillion current LCU | +5.0% |
| 2019 | 16.50 trillion current LCU | +4.7% |
| 2020 | 16.46 trillion current LCU | -0.3% |
| 2021 | 18.09 trillion current LCU | +9.9% |
United States compared with similar countries
- United States's 18.09 trillion current LCU is above the median for high income countries, which is 204.15 billion current LCU, 88.6× the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.57 trillion current LCU | 6.16 trillion current LCU | 7.00 trillion current LCU | 3 |
| 2000s | 9.37 trillion current LCU | 7.46 trillion current LCU | 11.08 trillion current LCU | 10 |
| 2010s | 13.75 trillion current LCU | 11.48 trillion current LCU | 16.50 trillion current LCU | 10 |
| 2020s | 17.27 trillion current LCU | 16.46 trillion current LCU | 18.09 trillion current LCU | 2 |
Countries ranked near United States
- 34 Cote d'Ivoire 29.71 trillion current LCU compare
- 35 Bangladesh 28.75 trillion current LCU compare
- 36 Mexico 20.77 trillion current LCU compare
- 38 Philippines 18.04 trillion current LCU compare
- 39 Sri Lanka 17.89 trillion current LCU compare
- 40 Cameroon 17.27 trillion current LCU compare
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is services, value added in United States?
- Services, value added in United States was 18.09 trillion current LCU in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in United States?
- The highest recorded value was 18.09 trillion current LCU in 2021.
- What is the lowest services, value added recorded in United States?
- The lowest recorded value was 6.16 trillion current LCU in 1997.
- How does United States rank for services, value added?
- United States ranks 37th out of 206 countries with data for 2021.
- Is services, value added rising or falling in United States?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this United States data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current LCU). 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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.