Services, value added (current US$) in Europe & Central Asia
Europe & Central Asia: Services, value added (current US$) was 21.14 trillion current US$ in 2025. ▲ Rising
Services, value added in Europe & Central Asia, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Europe & Central Asia is 21.14 trillion current US$, measured in 2025. That is the highest value across all 35 years on record.
The figure is up 10.1% on the previous year and up 58.8% over ten years.
Over the whole period, services, value added in Europe & Central Asia peaked at 21.14 trillion current US$ in 2025 and was at its lowest, 5.37 trillion current US$, in 1991.
That places Europe & Central Asia 9th out of 47 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Services, value added (current US$) in Europe & Central Asia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 5.37 trillion current US$ | — |
| 1992 | 5.90 trillion current US$ | +9.9% |
| 1993 | 5.50 trillion current US$ | -6.7% |
| 1994 | 5.77 trillion current US$ | +4.8% |
| 1995 | 6.65 trillion current US$ | +15.2% |
| 1996 | 6.82 trillion current US$ | +2.6% |
| 1997 | 6.50 trillion current US$ | -4.7% |
| 1998 | 6.66 trillion current US$ | +2.6% |
| 1999 | 6.64 trillion current US$ | -0.4% |
| 2000 | 6.26 trillion current US$ | -5.8% |
| 2001 | 6.39 trillion current US$ | +2.1% |
| 2002 | 7.05 trillion current US$ | +10.4% |
| 2003 | 8.62 trillion current US$ | +22.2% |
| 2004 | 10.02 trillion current US$ | +16.3% |
| 2005 | 10.64 trillion current US$ | +6.1% |
| 2006 | 11.45 trillion current US$ | +7.6% |
| 2007 | 13.39 trillion current US$ | +16.9% |
| 2008 | 14.77 trillion current US$ | +10.3% |
| 2009 | 13.46 trillion current US$ | -8.8% |
| 2010 | 13.56 trillion current US$ | +0.7% |
| 2011 | 14.90 trillion current US$ | +9.9% |
| 2012 | 14.38 trillion current US$ | -3.5% |
| 2013 | 15.10 trillion current US$ | +5.0% |
| 2014 | 15.39 trillion current US$ | +1.9% |
| 2015 | 13.31 trillion current US$ | -13.5% |
| 2016 | 13.29 trillion current US$ | -0.1% |
| 2017 | 14.04 trillion current US$ | +5.7% |
| 2018 | 15.02 trillion current US$ | +6.9% |
| 2019 | 14.90 trillion current US$ | -0.8% |
| 2020 | 14.57 trillion current US$ | -2.2% |
| 2021 | 16.48 trillion current US$ | +13.1% |
| 2022 | 16.53 trillion current US$ | +0.3% |
| 2023 | 18.00 trillion current US$ | +8.9% |
| 2024 | 19.20 trillion current US$ | +6.7% |
| 2025 | 21.14 trillion current US$ | +10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.20 trillion current US$ | 5.37 trillion current US$ | 6.82 trillion current US$ | 9 |
| 2000s | 10.20 trillion current US$ | 6.26 trillion current US$ | 14.77 trillion current US$ | 10 |
| 2010s | 14.39 trillion current US$ | 13.29 trillion current US$ | 15.39 trillion current US$ | 10 |
| 2020s | 17.65 trillion current US$ | 14.57 trillion current US$ | 21.14 trillion current US$ | 6 |
Countries ranked near Europe & Central Asia
- 6 France 2.39 trillion current US$ compare
- 7 India 1.95 trillion current US$ compare
- 8 Italy 1.65 trillion current US$ compare
- 9 Russia 1.51 trillion current US$ compare
- 10 Canada 1.41 trillion current US$ compare
- 11 Brazil 1.36 trillion current US$ compare
- 12 Spain 1.30 trillion current US$ compare
More economy & growth data for Europe & Central Asia
- General government final consumption expenditure (constant 2015 US$) 0.1522 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 363.14 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 18,580 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5369 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 10.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 5,268 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$) 10.89 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0053 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Europe & Central Asia?
- Services, value added in Europe & Central Asia was 21.14 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?
- The highest recorded value was 21.14 trillion current US$ in 2025.
- What is the lowest services, value added recorded in Europe & Central Asia?
- The lowest recorded value was 5.37 trillion current US$ in 1991.
- How does Europe & Central Asia rank for services, value added?
- Europe & Central Asia ranks 9th out of 47 groups with data for 2025.
- Is services, value added rising or falling in Europe & Central Asia?
- Over the last ten years it is up 58.8%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.