Services, value added (current US$) in Low & middle income

Low & middle income: Services, value added (current US$) was 23.90 trillion current US$ in 2025. ◆ Volatile

Latest (2025)
23.90 trillion current US$
Change on year
up 6.5%
Rank
7th
of 47 groups
All-time high
23.90 trillion current US$
in 2025
All-time low
214.65 billion current US$
in 1966
Years of data
61
1965–2025

Services, value added in Low & middle income, 1965–2025

05.0T10.0T15.0T20.0T25.0T196519952025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Low & middle income recorded 23.90 trillion current US$ for services, value added in 2025. That is the highest value across all 61 years on record.

The figure is up 6.5% on the previous year and up 69.5% over ten years.

Over the whole period, services, value added in Low & middle income peaked at 23.90 trillion current US$ in 2025 and was at its lowest, 214.65 billion current US$, in 1966.

That places Low & middle income 7th out of 47 groups with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Services, value added (current US$) in Low & middle income, year by year

Annual values for Services, value added (current US$) in Low & middle income, 1965 to 2025.
Year current US$ Change
1965 215.95 billion current US$ —
1966 214.65 billion current US$ -0.6%
1967 223.49 billion current US$ +4.1%
1968 239.32 billion current US$ +7.1%
1969 265.54 billion current US$ +11.0%
1970 284.47 billion current US$ +7.1%
1971 306.37 billion current US$ +7.7%
1972 338.67 billion current US$ +10.5%
1973 412.18 billion current US$ +21.7%
1974 514.76 billion current US$ +24.9%
1975 566.66 billion current US$ +10.1%
1976 596.39 billion current US$ +5.2%
1977 686.25 billion current US$ +15.1%
1978 778.71 billion current US$ +13.5%
1979 795.67 billion current US$ +2.2%
1980 962.56 billion current US$ +21.0%
1981 1.08 trillion current US$ +11.9%
1982 1.04 trillion current US$ -3.5%
1983 988.17 billion current US$ -4.9%
1984 1.01 trillion current US$ +1.9%
1985 1.05 trillion current US$ +4.6%
1986 1.09 trillion current US$ +3.4%
1987 1.09 trillion current US$ +0.3%
1988 1.19 trillion current US$ +9.3%
1989 1.29 trillion current US$ +8.2%
1990 1.51 trillion current US$ +16.8%
1991 1.55 trillion current US$ +2.6%
1992 1.69 trillion current US$ +9.4%
1993 1.88 trillion current US$ +10.8%
1994 2.03 trillion current US$ +8.1%
1995 2.33 trillion current US$ +14.7%
1996 2.59 trillion current US$ +11.2%
1997 2.78 trillion current US$ +7.4%
1998 2.79 trillion current US$ +0.4%
1999 2.67 trillion current US$ -4.2%
2000 2.91 trillion current US$ +8.8%
2001 2.97 trillion current US$ +2.0%
2002 2.98 trillion current US$ +0.6%
2003 3.33 trillion current US$ +11.6%
2004 3.85 trillion current US$ +15.7%
2005 4.56 trillion current US$ +18.3%
2006 5.37 trillion current US$ +17.7%
2007 6.63 trillion current US$ +23.5%
2008 7.81 trillion current US$ +17.9%
2009 8.08 trillion current US$ +3.4%
2010 9.72 trillion current US$ +20.3%
2011 11.35 trillion current US$ +16.8%
2012 12.24 trillion current US$ +7.9%
2013 13.23 trillion current US$ +8.0%
2014 14.10 trillion current US$ +6.6%
2015 14.10 trillion current US$ +0.0%
2016 14.44 trillion current US$ +2.4%
2017 15.76 trillion current US$ +9.2%
2018 16.80 trillion current US$ +6.5%
2019 17.58 trillion current US$ +4.7%
2020 17.00 trillion current US$ -3.3%
2021 19.60 trillion current US$ +15.3%
2022 20.41 trillion current US$ +4.2%
2023 21.47 trillion current US$ +5.2%
2024 22.44 trillion current US$ +4.5%
2025 23.90 trillion current US$ +6.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 231.79 billion current US$ 214.65 billion current US$ 265.54 billion current US$ 5
1970s 528.01 billion current US$ 284.47 billion current US$ 795.67 billion current US$ 10
1980s 1.08 trillion current US$ 962.56 billion current US$ 1.29 trillion current US$ 10
1990s 2.18 trillion current US$ 1.51 trillion current US$ 2.79 trillion current US$ 10
2000s 4.85 trillion current US$ 2.91 trillion current US$ 8.08 trillion current US$ 10
2010s 13.93 trillion current US$ 9.72 trillion current US$ 17.58 trillion current US$ 10
2020s 20.80 trillion current US$ 17.00 trillion current US$ 23.90 trillion current US$ 6

Countries ranked near Low & middle income

  1. 4 Japan 2.99 trillion current US$ compare
  2. 5 United Kingdom 2.93 trillion current US$ compare
  3. 6 France 2.39 trillion current US$ compare
  4. 7 India 1.95 trillion current US$ compare
  5. 8 Italy 1.65 trillion current US$ compare
  6. 9 Russia 1.51 trillion current US$ compare
  7. 10 Canada 1.41 trillion current US$ compare

See the full ranking of 254 places →

More economy & growth data for Low & middle income

All data for Low & middle income →

Frequently asked questions

What is services, value added in Low & middle income?
Services, value added in Low & middle income was 23.90 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Low & middle income?
The highest recorded value was 23.90 trillion current US$ in 2025.
What is the lowest services, value added recorded in Low & middle income?
The lowest recorded value was 214.65 billion current US$ in 1966.
How does Low & middle income rank for services, value added?
Low & middle income ranks 7th out of 47 groups with data for 2025.
Is services, value added rising or falling in Low & middle income?
Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
Where does this Low & middle 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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Services, value added in Low & middle income. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 15 October 2026, from https://economy.statizoid.com/stat/services-value-added-current-us/low-and-middle-income/

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About this data

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
254 places, 10,774 data points, 1960–2025
Last refreshed

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.