Services, value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Services, value added was 1.62 trillion current US$ in 2025. ◆ Volatile
Services, value added in Europe & Central Asia (excluding high income), 1987–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, services, value added in Europe & Central Asia (excluding high income) stood at 1.62 trillion current US$. That is the highest value across all 39 years on record.
Compared with earlier readings it is up 17.3% on the previous year and up 104.8% over ten years.
Over the whole period, services, value added in Europe & Central Asia (excluding high income) peaked at 1.62 trillion current US$ in 2025 and was at its lowest, 84.12 billion current US$, in 1987.
Europe & Central Asia (excluding high income) ranks 27th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Europe & Central Asia (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1987 | 84.12 billion current US$ | — |
| 1988 | 92.07 billion current US$ | +9.4% |
| 1989 | 104.36 billion current US$ | +13.4% |
| 1990 | 131.84 billion current US$ | +26.3% |
| 1991 | 129.56 billion current US$ | -1.7% |
| 1992 | 131.73 billion current US$ | +1.7% |
| 1993 | 155.86 billion current US$ | +18.3% |
| 1994 | 114.34 billion current US$ | -26.6% |
| 1995 | 162.73 billion current US$ | +42.3% |
| 1996 | 178.88 billion current US$ | +9.9% |
| 1997 | 194.50 billion current US$ | +8.7% |
| 1998 | 198.72 billion current US$ | +2.2% |
| 1999 | 189.51 billion current US$ | -4.6% |
| 2000 | 194.49 billion current US$ | +2.6% |
| 2001 | 170.66 billion current US$ | -12.3% |
| 2002 | 197.18 billion current US$ | +15.5% |
| 2003 | 253.49 billion current US$ | +28.6% |
| 2004 | 328.30 billion current US$ | +29.5% |
| 2005 | 405.86 billion current US$ | +23.6% |
| 2006 | 472.55 billion current US$ | +16.4% |
| 2007 | 608.68 billion current US$ | +28.8% |
| 2008 | 725.33 billion current US$ | +19.2% |
| 2009 | 628.14 billion current US$ | -13.4% |
| 2010 | 720.00 billion current US$ | +14.6% |
| 2011 | 792.23 billion current US$ | +10.0% |
| 2012 | 849.40 billion current US$ | +7.2% |
| 2013 | 931.28 billion current US$ | +9.6% |
| 2014 | 895.86 billion current US$ | -3.8% |
| 2015 | 790.38 billion current US$ | -11.8% |
| 2016 | 756.59 billion current US$ | -4.3% |
| 2017 | 778.27 billion current US$ | +2.9% |
| 2018 | 766.21 billion current US$ | -1.5% |
| 2019 | 805.57 billion current US$ | +5.1% |
| 2020 | 763.71 billion current US$ | -5.2% |
| 2021 | 862.41 billion current US$ | +12.9% |
| 2022 | 937.73 billion current US$ | +8.7% |
| 2023 | 1.16 trillion current US$ | +23.5% |
| 2024 | 1.38 trillion current US$ | +19.2% |
| 2025 | 1.62 trillion current US$ | +17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 93.52 billion current US$ | 84.12 billion current US$ | 104.36 billion current US$ | 3 |
| 1990s | 158.77 billion current US$ | 114.34 billion current US$ | 198.72 billion current US$ | 10 |
| 2000s | 398.47 billion current US$ | 170.66 billion current US$ | 725.33 billion current US$ | 10 |
| 2010s | 808.58 billion current US$ | 720.00 billion current US$ | 931.28 billion current US$ | 10 |
| 2020s | 1.12 trillion current US$ | 763.71 billion current US$ | 1.62 trillion current US$ | 6 |
Countries ranked near Europe & Central Asia (excluding high income)
- 24 Singapore 432.31 billion current US$ compare
- 25 Ireland 409.47 billion current US$ compare
- 26 Israel 395.04 billion current US$ compare
- 27 Argentina 383.58 billion current US$ compare
- 28 Hong Kong 373.46 billion current US$ compare
- 29 Austria 371.15 billion current US$ compare
- 30 Thailand 347.25 billion current US$ compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Exports of goods and services 29.0% (2025)
- Final consumption expenditure 4.3% (2025)
- Gross national expenditure 2.96 trillion current US$ (2025)
- Exports of goods and services 817.10 billion current US$ (2025)
- Exports of goods and services 593.99 billion constant 2015 US$ (2025)
- Exports of goods and services -1.4% (2025)
- Gross fixed capital formation 663.45 billion constant 2015 US$ (2025)
- Gross fixed capital formation 27.8% (2025)
- Gross fixed capital formation 7.7% (2025)
- Final consumption expenditure 1.88 trillion constant 2015 US$ (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is services, value added in Europe & Central Asia (excluding high income)?
- Services, value added in Europe & Central Asia (excluding high income) was 1.62 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 1.62 trillion current US$ in 2025.
- What is the lowest services, value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 84.12 billion current US$ in 1987.
- How does Europe & Central Asia (excluding high income) rank for services, value added?
- Europe & Central Asia (excluding high income) ranks 27th out of 45 groups with data for 2025.
- Is services, value added rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 104.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current 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 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 indicator is expressed in United States dollars.