Services, value added in India
India: Services, value added was 1.95 trillion current US$ in 2025. ◆ Volatile
Services, value added in India, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
India recorded 1.95 trillion current US$ for services, value added in 2025. That is the highest value across all 66 years on record.
That represents a change of up 8.2% on the previous year and up 94.2% over ten years.
Over the whole period, services, value added in India peaked at 1.95 trillion current US$ in 2025 and was at its lowest, 14.36 billion current US$, in 1960.
India ranks 7th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in India, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 14.36 billion current US$ | — |
| 1961 | 15.04 billion current US$ | +4.7% |
| 1962 | 16.84 billion current US$ | +12.0% |
| 1963 | 18.45 billion current US$ | +9.6% |
| 1964 | 20.53 billion current US$ | +11.3% |
| 1965 | 22.30 billion current US$ | +8.7% |
| 1966 | 16.62 billion current US$ | -25.5% |
| 1967 | 17.35 billion current US$ | +4.4% |
| 1968 | 18.61 billion current US$ | +7.2% |
| 1969 | 20.05 billion current US$ | +7.8% |
| 1970 | 21.88 billion current US$ | +9.1% |
| 1971 | 24.11 billion current US$ | +10.2% |
| 1972 | 25.39 billion current US$ | +5.3% |
| 1973 | 28.18 billion current US$ | +11.0% |
| 1974 | 33.45 billion current US$ | +18.7% |
| 1975 | 34.60 billion current US$ | +3.4% |
| 1976 | 36.78 billion current US$ | +6.3% |
| 1977 | 42.11 billion current US$ | +14.5% |
| 1978 | 47.97 billion current US$ | +13.9% |
| 1979 | 54.35 billion current US$ | +13.3% |
| 1980 | 62.99 billion current US$ | +15.9% |
| 1981 | 65.54 billion current US$ | +4.0% |
| 1982 | 70.04 billion current US$ | +6.9% |
| 1983 | 75.35 billion current US$ | +7.6% |
| 1984 | 75.15 billion current US$ | -0.3% |
| 1985 | 83.97 billion current US$ | +11.7% |
| 1986 | 92.10 billion current US$ | +9.7% |
| 1987 | 104.50 billion current US$ | +13.5% |
| 1988 | 109.13 billion current US$ | +4.4% |
| 1989 | 110.22 billion current US$ | +1.0% |
| 1990 | 118.91 billion current US$ | +7.9% |
| 1991 | 102.06 billion current US$ | -14.2% |
| 1992 | 109.27 billion current US$ | +7.1% |
| 1993 | 107.50 billion current US$ | -1.6% |
| 1994 | 122.72 billion current US$ | +14.2% |
| 1995 | 136.37 billion current US$ | +11.1% |
| 1996 | 148.16 billion current US$ | +8.6% |
| 1997 | 162.52 billion current US$ | +9.7% |
| 1998 | 169.10 billion current US$ | +4.0% |
| 1999 | 192.55 billion current US$ | +13.9% |
| 2000 | 200.16 billion current US$ | +4.0% |
| 2001 | 212.67 billion current US$ | +6.2% |
| 2002 | 230.33 billion current US$ | +8.3% |
| 2003 | 271.67 billion current US$ | +18.0% |
| 2004 | 312.84 billion current US$ | +15.2% |
| 2005 | 364.60 billion current US$ | +16.5% |
| 2006 | 414.12 billion current US$ | +13.6% |
| 2007 | 535.46 billion current US$ | +29.3% |
| 2008 | 550.08 billion current US$ | +2.7% |
| 2009 | 617.07 billion current US$ | +12.2% |
| 2010 | 754.59 billion current US$ | +22.3% |
| 2011 | 828.43 billion current US$ | +9.8% |
| 2012 | 846.22 billion current US$ | +2.1% |
| 2013 | 867.07 billion current US$ | +2.5% |
| 2014 | 975.16 billion current US$ | +12.5% |
| 2015 | 1.01 trillion current US$ | +3.1% |
| 2016 | 1.10 trillion current US$ | +9.0% |
| 2017 | 1.26 trillion current US$ | +15.4% |
| 2018 | 1.31 trillion current US$ | +3.6% |
| 2019 | 1.42 trillion current US$ | +8.5% |
| 2020 | 1.28 trillion current US$ | -9.7% |
| 2021 | 1.52 trillion current US$ | +18.2% |
| 2022 | 1.53 trillion current US$ | +1.2% |
| 2023 | 1.67 trillion current US$ | +8.7% |
| 2024 | 1.80 trillion current US$ | +8.3% |
| 2025 | 1.95 trillion current US$ | +8.2% |
India compared with similar countries
- India's 1.95 trillion current US$ is above the median for lower middle income countries, which is 12.93 billion current US$, 151.0× the median. (47 countries reporting)
- India's 1.95 trillion current US$ is above the median for South Asia, which is 42.09 billion current US$, 46.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.01 billion current US$ | 14.36 billion current US$ | 22.30 billion current US$ | 10 |
| 1970s | 34.88 billion current US$ | 21.88 billion current US$ | 54.35 billion current US$ | 10 |
| 1980s | 84.90 billion current US$ | 62.99 billion current US$ | 110.22 billion current US$ | 10 |
| 1990s | 136.91 billion current US$ | 102.06 billion current US$ | 192.55 billion current US$ | 10 |
| 2000s | 370.90 billion current US$ | 200.16 billion current US$ | 617.07 billion current US$ | 10 |
| 2010s | 1.04 trillion current US$ | 754.59 billion current US$ | 1.42 trillion current US$ | 10 |
| 2020s | 1.63 trillion current US$ | 1.28 trillion current US$ | 1.95 trillion current US$ | 6 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is services, value added in India?
- Services, value added in India was 1.95 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in India?
- The highest recorded value was 1.95 trillion current US$ in 2025.
- What is the lowest services, value added recorded in India?
- The lowest recorded value was 14.36 billion current US$ in 1960.
- How does India rank for services, value added?
- India ranks 7th out of 206 countries with data for 2025.
- Is services, value added rising or falling in India?
- Over the last ten years it is up 94.2%. The long-run trend across the full record is volatile.
- Where does this India 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.