Services, value added (current US$), annual growth rate in North America
North America: Services, value added (current US$), annual growth rate was 10.37 % change on previous year in 2021. ▼ Falling
Services, value added (current US$), annual growth rate in North America, 1998–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in North America is 10.37 % change on previous year, measured in 2021. That is the highest value across all 24 years on record.
The figure is up 2,578.9% on the previous year and up 183.3% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in North America peaked at 10.37 % change on previous year in 2021 and was at its lowest, -0.4185 % change on previous year, in 2020.
That places North America 15th out of 47 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Services, value added (current US$), annual growth rate in North America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 6.02 % change on previous year | — |
| 1999 | 6.59 % change on previous year | +9.5% |
| 2000 | 6.68 % change on previous year | +1.4% |
| 2001 | 4.72 % change on previous year | -29.4% |
| 2002 | 4.42 % change on previous year | -6.3% |
| 2003 | 5.19 % change on previous year | +17.5% |
| 2004 | 6.49 % change on previous year | +25.0% |
| 2005 | 6.99 % change on previous year | +7.8% |
| 2006 | 6.06 % change on previous year | -13.3% |
| 2007 | 5.59 % change on previous year | -7.8% |
| 2008 | 3.17 % change on previous year | -43.2% |
| 2009 | 0.02 % change on previous year | -99.4% |
| 2010 | 4.54 % change on previous year | +22574.6% |
| 2011 | 3.66 % change on previous year | -19.3% |
| 2012 | 4.37 % change on previous year | +19.4% |
| 2013 | 2.96 % change on previous year | -32.2% |
| 2014 | 3.63 % change on previous year | +22.5% |
| 2015 | 3.7 % change on previous year | +1.8% |
| 2016 | 3.34 % change on previous year | -9.6% |
| 2017 | 3.83 % change on previous year | +14.7% |
| 2018 | 4.96 % change on previous year | +29.3% |
| 2019 | 4.57 % change on previous year | -7.8% |
| 2020 | -0.4185 % change on previous year | -109.2% |
| 2021 | 10.37 % change on previous year | -2578.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.3 % change on previous year | 6.02 % change on previous year | 6.59 % change on previous year | 2 |
| 2000s | 4.93 % change on previous year | 0.02 % change on previous year | 6.99 % change on previous year | 10 |
| 2010s | 3.96 % change on previous year | 2.96 % change on previous year | 4.96 % change on previous year | 10 |
| 2020s | 4.98 % change on previous year | -0.4185 % change on previous year | 10.37 % change on previous year | 2 |
Countries ranked near North America
- 12 Congo, Democratic Republic of the 21.97 % change on previous year compare
- 13 Kyrgyzstan 21.88 % change on previous year compare
- 14 Uzbekistan 21.59 % change on previous year compare
- 15 Türkiye 21.41 % change on previous year compare
- 16 Belarus 19.91 % change on previous year compare
- 17 Russian Federation 19.52 % change on previous year compare
- 18 Sao Tome and Principe 19.44 % change on previous year compare
More economy & growth data for North America
- Gross fixed capital formation 5.42 trillion constant 2015 US$ (2024)
- Exports of goods and services 3.96 trillion current US$ (2024)
- Exports of goods and services 3.19 trillion constant 2015 US$ (2024)
- Exports of goods and services 3.2% (2024)
- Exports of goods and services 12.5% (2024)
- Gross fixed capital formation 6.78 trillion current US$ (2024)
- Gross capital formation 6.84 trillion current US$ (2024)
- Gross capital formation 3.2% (2024)
- Gross capital formation 5.52 trillion constant 2015 US$ (2024)
- Gross national expenditure 25.71 trillion constant 2015 US$ (2024)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in North America?
- Services, value added (current us$), annual growth rate in North America was 10.37 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in North America?
- The highest recorded value was 10.37 % change on previous year in 2021.
- What is the lowest services, value added (current us$), annual growth rate recorded in North America?
- The lowest recorded value was -0.4185 % change on previous year in 2020.
- How does North America rank for services, value added (current us$), annual growth rate?
- North America ranks 15th out of 47 groups with data for 2021.
- Is services, value added (current us$), annual growth rate rising or falling in North America?
- Over the last ten years it is up 183.3%. The long-run trend across the full record is falling.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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.