Services, value added in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Services, value added was 4.16 trillion current US$ in 2025. ◆ Volatile
Services, value added in Europe & Central Asia (IDA & IBRD countries), 1989–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Europe & Central Asia (IDA & IBRD countries) is 4.16 trillion current US$, measured in 2025. That is the highest value across all 37 years on record.
The figure is up 17.0% on the previous year and up 110.5% over ten years.
Over the whole period, services, value added in Europe & Central Asia (IDA & IBRD countries) peaked at 4.16 trillion current US$ in 2025 and was at its lowest, 332.52 billion current US$, in 1989.
Europe & Central Asia (IDA & IBRD countries) ranks 21st of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 332.52 billion current US$ | — |
| 1990 | 380.76 billion current US$ | +14.5% |
| 1991 | 399.92 billion current US$ | +5.0% |
| 1992 | 445.88 billion current US$ | +11.5% |
| 1993 | 427.68 billion current US$ | -4.1% |
| 1994 | 368.28 billion current US$ | -13.9% |
| 1995 | 478.16 billion current US$ | +29.8% |
| 1996 | 488.86 billion current US$ | +2.2% |
| 1997 | 514.78 billion current US$ | +5.3% |
| 1998 | 472.19 billion current US$ | -8.3% |
| 1999 | 416.10 billion current US$ | -11.9% |
| 2000 | 458.94 billion current US$ | +10.3% |
| 2001 | 478.59 billion current US$ | +4.3% |
| 2002 | 545.38 billion current US$ | +14.0% |
| 2003 | 668.93 billion current US$ | +22.7% |
| 2004 | 842.12 billion current US$ | +25.9% |
| 2005 | 1.04 trillion current US$ | +23.3% |
| 2006 | 1.26 trillion current US$ | +21.6% |
| 2007 | 1.65 trillion current US$ | +30.5% |
| 2008 | 2.03 trillion current US$ | +23.5% |
| 2009 | 1.68 trillion current US$ | -17.3% |
| 2010 | 1.94 trillion current US$ | +15.1% |
| 2011 | 2.33 trillion current US$ | +20.3% |
| 2012 | 2.48 trillion current US$ | +6.5% |
| 2013 | 2.68 trillion current US$ | +7.8% |
| 2014 | 2.52 trillion current US$ | -6.0% |
| 2015 | 1.97 trillion current US$ | -21.5% |
| 2016 | 1.91 trillion current US$ | -3.3% |
| 2017 | 2.14 trillion current US$ | +12.3% |
| 2018 | 2.20 trillion current US$ | +2.7% |
| 2019 | 2.29 trillion current US$ | +4.0% |
| 2020 | 2.18 trillion current US$ | -4.8% |
| 2021 | 2.51 trillion current US$ | +15.0% |
| 2022 | 2.87 trillion current US$ | +14.7% |
| 2023 | 3.13 trillion current US$ | +9.0% |
| 2024 | 3.55 trillion current US$ | +13.4% |
| 2025 | 4.16 trillion current US$ | +17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 332.52 billion current US$ | 332.52 billion current US$ | 332.52 billion current US$ | 1 |
| 1990s | 439.26 billion current US$ | 368.28 billion current US$ | 514.78 billion current US$ | 10 |
| 2000s | 1.07 trillion current US$ | 458.94 billion current US$ | 2.03 trillion current US$ | 10 |
| 2010s | 2.25 trillion current US$ | 1.91 trillion current US$ | 2.68 trillion current US$ | 10 |
| 2020s | 3.07 trillion current US$ | 2.18 trillion current US$ | 4.16 trillion current US$ | 6 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 18 Switzerland 748.70 billion current US$ compare
- 19 Indonesia 635.24 billion current US$ compare
- 20 Saudi Arabia 624.75 billion current US$ compare
- 21 Poland 618.60 billion current US$ compare
- 22 Belgium 516.76 billion current US$ compare
- 23 Sweden 448.41 billion current US$ compare
- 24 Singapore 432.31 billion current US$ compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure per capita growth 4.5% (2025)
- Households and NPISHs Final consumption expenditure 3.98 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure 3.22 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure 5.1% (2025)
- Households and NPISHs Final consumption expenditure per capita 6,959 constant 2015 US$ (2025)
- Trade 55.7% (2025)
- Final consumption expenditure 5.27 trillion current US$ (2025)
- Households and NPISHs final consumption expenditure 56.2% (2025)
- Agriculture, forestry, and fishing, value added -0.9% (2025)
- Agriculture, forestry, and fishing, value added 239.87 billion constant 2015 US$ (2025)
Frequently asked questions
- What is services, value added in Europe & Central Asia (IDA & IBRD countries)?
- Services, value added in Europe & Central Asia (IDA & IBRD countries) was 4.16 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 (IDA & IBRD countries)?
- The highest recorded value was 4.16 trillion current US$ in 2025.
- What is the lowest services, value added recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 332.52 billion current US$ in 1989.
- How does Europe & Central Asia (IDA & IBRD countries) rank for services, value added?
- Europe & Central Asia (IDA & IBRD countries) ranks 21st out of 45 groups with data for 2025.
- Is services, value added rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 110.5%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.