Services, value added (current US$), annual growth rate in European Union
European Union: Services, value added (current US$), annual growth rate was 8.74 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in European Union, 1992–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current us$), annual growth rate in European Union stood at 8.74 % change on previous year.
The figure is up 64.7% on the previous year and up 163.4% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in European Union peaked at 23.69 % change on previous year in 2003 and was at its lowest, -13.79 % change on previous year, in 2015.
That places European Union 20th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in European Union, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 11.32 % change on previous year | — |
| 1993 | -6.67 % change on previous year | -158.9% |
| 1994 | 5.9 % change on previous year | -188.5% |
| 1995 | 15.6 % change on previous year | +164.4% |
| 1996 | 2.34 % change on previous year | -85.0% |
| 1997 | -8.08 % change on previous year | -446.0% |
| 1998 | 3.2 % change on previous year | -139.6% |
| 1999 | 0.0479 % change on previous year | -98.5% |
| 2000 | -7.84 % change on previous year | -16470.9% |
| 2001 | 2.37 % change on previous year | -130.2% |
| 2002 | 10.34 % change on previous year | +336.7% |
| 2003 | 23.69 % change on previous year | +129.0% |
| 2004 | 14.88 % change on previous year | -37.2% |
| 2005 | 4.68 % change on previous year | -68.5% |
| 2006 | 6.28 % change on previous year | +34.0% |
| 2007 | 15.77 % change on previous year | +151.3% |
| 2008 | 11.93 % change on previous year | -24.3% |
| 2009 | -6.56 % change on previous year | -155.0% |
| 2010 | -2.36 % change on previous year | -64.0% |
| 2011 | 7.92 % change on previous year | -434.9% |
| 2012 | -6.85 % change on previous year | -186.5% |
| 2013 | 5.04 % change on previous year | -173.5% |
| 2014 | 2.41 % change on previous year | -52.1% |
| 2015 | -13.79 % change on previous year | -671.5% |
| 2016 | 2.41 % change on previous year | -117.5% |
| 2017 | 6.21 % change on previous year | +157.8% |
| 2018 | 8.28 % change on previous year | +33.2% |
| 2019 | -1.57 % change on previous year | -119.0% |
| 2020 | -1.21 % change on previous year | -23.0% |
| 2021 | 11.95 % change on previous year | -1086.3% |
| 2022 | -2.78 % change on previous year | -123.3% |
| 2023 | 10.06 % change on previous year | -462.1% |
| 2024 | 5.31 % change on previous year | -47.2% |
| 2025 | 8.74 % change on previous year | +64.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.96 % change on previous year | -8.08 % change on previous year | 15.6 % change on previous year | 8 |
| 2000s | 7.55 % change on previous year | -7.84 % change on previous year | 23.69 % change on previous year | 10 |
| 2010s | 0.7689 % change on previous year | -13.79 % change on previous year | 8.28 % change on previous year | 10 |
| 2020s | 5.34 % change on previous year | -2.78 % change on previous year | 11.95 % change on previous year | 6 |
Countries ranked near European Union
- 17 Russian Federation 19.52 % change on previous year compare
- 18 Sao Tome and Principe 19.44 % change on previous year compare
- 19 Gabon 17.92 % change on previous year compare
- 20 Iceland 17.85 % change on previous year compare
- 21 Chad 17.78 % change on previous year compare
- 22 Zimbabwe 17.46 % change on previous year compare
- 23 Benin 17.12 % change on previous year compare
More economy & growth data for European Union
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.48 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 42,248 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8972 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.67 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 23,693 constant 2015 US$ per person (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5032 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.26 % change on previous year (2025)
- Services, value added (current US$), per capita 31,026 current US$ per person (2025)
- Services, value added (current US$), per unit of GDP 0.6589 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,148 current US$ per person (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in European Union?
- Services, value added (current us$), annual growth rate in European Union was 8.74 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in European Union?
- The highest recorded value was 23.69 % change on previous year in 2003.
- What is the lowest services, value added (current us$), annual growth rate recorded in European Union?
- The lowest recorded value was -13.79 % change on previous year in 2015.
- How does European Union rank for services, value added (current us$), annual growth rate?
- European Union ranks 20th out of 47 groups with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in European Union?
- Over the last ten years it is up 163.4%. The long-run trend across the full record is volatile.
- Where does this European Union data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.