Services, value added in High income
High income: Services, value added was 43.80 trillion current US$ in 2021. ▲ Rising
Services, value added in High income, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
High income recorded 43.80 trillion current US$ for services, value added in 2021. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 10.8% on the previous year and up 24.7% over ten years.
Over the whole period, services, value added in High income peaked at 43.80 trillion current US$ in 2021 and was at its lowest, 17.19 trillion current US$, in 1997.
That places High income 2nd out of 47 groups with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added in High income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 17.19 trillion current US$ | — |
| 1998 | 17.38 trillion current US$ | +1.1% |
| 1999 | 18.31 trillion current US$ | +5.3% |
| 2000 | 18.76 trillion current US$ | +2.5% |
| 2001 | 18.91 trillion current US$ | +0.8% |
| 2002 | 19.89 trillion current US$ | +5.2% |
| 2003 | 22.24 trillion current US$ | +11.8% |
| 2004 | 24.66 trillion current US$ | +10.9% |
| 2005 | 26.09 trillion current US$ | +5.8% |
| 2006 | 27.52 trillion current US$ | +5.5% |
| 2007 | 30.23 trillion current US$ | +9.8% |
| 2008 | 32.46 trillion current US$ | +7.4% |
| 2009 | 31.29 trillion current US$ | -3.6% |
| 2010 | 32.56 trillion current US$ | +4.1% |
| 2011 | 35.13 trillion current US$ | +7.9% |
| 2012 | 35.42 trillion current US$ | +0.8% |
| 2013 | 35.94 trillion current US$ | +1.5% |
| 2014 | 36.61 trillion current US$ | +1.9% |
| 2015 | 34.76 trillion current US$ | -5.0% |
| 2016 | 35.70 trillion current US$ | +2.7% |
| 2017 | 37.25 trillion current US$ | +4.3% |
| 2018 | 39.38 trillion current US$ | +5.7% |
| 2019 | 40.11 trillion current US$ | +1.8% |
| 2020 | 39.55 trillion current US$ | -1.4% |
| 2021 | 43.80 trillion current US$ | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.63 trillion current US$ | 17.19 trillion current US$ | 18.31 trillion current US$ | 3 |
| 2000s | 25.21 trillion current US$ | 18.76 trillion current US$ | 32.46 trillion current US$ | 10 |
| 2010s | 36.29 trillion current US$ | 32.56 trillion current US$ | 40.11 trillion current US$ | 10 |
| 2020s | 41.68 trillion current US$ | 39.55 trillion current US$ | 43.80 trillion current US$ | 2 |
Countries ranked near High income
- 1 United States 18.09 trillion current US$ compare
- 2 China 11.25 trillion current US$ compare
- 3 Germany 3.26 trillion current US$ compare
- 4 Japan 2.99 trillion current US$ compare
- 5 United Kingdom 2.93 trillion current US$ compare
More economy & growth data for High income
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.76 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,900 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1748 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 5.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 679.7 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 855.36 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.22 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0158 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.57 % change on previous year (2024)
Frequently asked questions
- What is services, value added in High income?
- Services, value added in High income was 43.80 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in High income?
- The highest recorded value was 43.80 trillion current US$ in 2021.
- What is the lowest services, value added recorded in High income?
- The lowest recorded value was 17.19 trillion current US$ in 1997.
- How does High income rank for services, value added?
- High income ranks 2nd out of 47 groups with data for 2021.
- Is services, value added rising or falling in High income?
- Over the last ten years it is up 24.7%. The long-run trend across the full record is rising.
- Where does this 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.