Services, value added (current US$), annual growth rate in Least developed countries

Least developed countries: Services, value added (current US$), annual growth rate was 6.56 % change on previous year in 2025. ◆ Volatile

Latest (2025)
6.56 % change on previous year
Change on year
down 7.1%
Rank
30th
of 47 groups
All-time high
23.63 % change on previous year
in 2008
All-time low
-23.75 % change on previous year
in 1992
Years of data
35
1991–2025

Services, value added (current US$), annual growth rate in Least developed countries, 1991–2025

-20-10010201991200820251991: 10.4 % change on previous year1992: -23.7 % change on previous year1993: 6.3 % change on previous year1994: 5.1 % change on previous year1995: -0.605 % change on previous year1996: 5.8 % change on previous year1997: 4 % change on previous year1998: 5.8 % change on previous year1999: 2.3 % change on previous year2000: 16.3 % change on previous year2001: -3.3 % change on previous year2002: 6 % change on previous year2003: 12.6 % change on previous year2004: 13.9 % change on previous year2005: 14.8 % change on previous year2006: 16.2 % change on previous year2007: 14.4 % change on previous year2008: 23.6 % change on previous year2009: 8.4 % change on previous year2010: 15.5 % change on previous year2011: 12.3 % change on previous year2012: 4.7 % change on previous year2013: 12.1 % change on previous year2014: 8.8 % change on previous year2015: -2 % change on previous year2016: -0.556 % change on previous year2017: 9 % change on previous year2018: 6.2 % change on previous year2019: 4.8 % change on previous year2020: 0.671 % change on previous year2021: 8.4 % change on previous year2022: 12.9 % change on previous year2023: -2.1 % change on previous year2024: 7.1 % change on previous year2025: 6.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, services, value added (current us$), annual growth rate in Least developed countries stood at 6.56 % change on previous year.

That represents a change of down 7.1% on the previous year and up 422.2% over ten years.

Over the whole period, services, value added (current us$), annual growth rate in Least developed countries peaked at 23.63 % change on previous year in 2008 and was at its lowest, -23.75 % change on previous year, in 1992.

That places Least developed countries 30th 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 Least developed countries, year by year

Annual values for Services, value added (current US$), annual growth rate in Least developed countries, 1991 to 2025.
Year % change on previous year Change
1991 10.39 % change on previous year
1992 -23.75 % change on previous year -328.6%
1993 6.31 % change on previous year -126.6%
1994 5.1 % change on previous year -19.2%
1995 -0.605 % change on previous year -111.9%
1996 5.82 % change on previous year -1061.8%
1997 3.97 % change on previous year -31.8%
1998 5.83 % change on previous year +46.7%
1999 2.32 % change on previous year -60.2%
2000 16.31 % change on previous year +603.7%
2001 -3.27 % change on previous year -120.1%
2002 6.02 % change on previous year -284.2%
2003 12.6 % change on previous year +109.1%
2004 13.86 % change on previous year +10.1%
2005 14.77 % change on previous year +6.6%
2006 16.18 % change on previous year +9.5%
2007 14.38 % change on previous year -11.1%
2008 23.63 % change on previous year +64.3%
2009 8.41 % change on previous year -64.4%
2010 15.47 % change on previous year +84.0%
2011 12.28 % change on previous year -20.6%
2012 4.7 % change on previous year -61.8%
2013 12.13 % change on previous year +158.3%
2014 8.85 % change on previous year -27.1%
2015 -2.04 % change on previous year -123.0%
2016 -0.5561 % change on previous year -72.7%
2017 9 % change on previous year -1718.3%
2018 6.19 % change on previous year -31.3%
2019 4.79 % change on previous year -22.6%
2020 0.6708 % change on previous year -86.0%
2021 8.37 % change on previous year +1147.9%
2022 12.91 % change on previous year +54.2%
2023 -2.06 % change on previous year -115.9%
2024 7.07 % change on previous year -443.3%
2025 6.56 % change on previous year -7.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.71 % change on previous year -23.75 % change on previous year 10.39 % change on previous year 9
2000s 12.29 % change on previous year -3.27 % change on previous year 23.63 % change on previous year 10
2010s 7.08 % change on previous year -2.04 % change on previous year 15.47 % change on previous year 10
2020s 5.59 % change on previous year -2.06 % change on previous year 12.91 % change on previous year 6

Countries ranked near Least developed countries

  1. 27 Albania 15.34 % change on previous year compare
  2. 28 Georgia 15.08 % change on previous year compare
  3. 29 Bulgaria 14.56 % change on previous year compare
  4. 30 San Marino 14.32 % change on previous year compare
  5. 31 Malaysia 14.14 % change on previous year compare
  6. 32 North Macedonia 14.09 % change on previous year compare
  7. 33 Poland 13.96 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is services, value added (current us$), annual growth rate in Least developed countries?
Services, value added (current us$), annual growth rate in Least developed countries was 6.56 % change on previous year in 2025, according to Statizoid (derived).
What is the highest services, value added (current us$), annual growth rate recorded in Least developed countries?
The highest recorded value was 23.63 % change on previous year in 2008.
What is the lowest services, value added (current us$), annual growth rate recorded in Least developed countries?
The lowest recorded value was -23.75 % change on previous year in 1992.
How does Least developed countries rank for services, value added (current us$), annual growth rate?
Least developed countries ranks 30th out of 47 groups with data for 2025.
Is services, value added (current us$), annual growth rate rising or falling in Least developed countries?
Over the last ten years it is up 422.2%. The long-run trend across the full record is volatile.
Where does this Least developed countries 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.

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Services, value added (current US$), annual growth rate in Least developed countries. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/least-developed-countries-un-classification/

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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

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

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

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.