Services, value added in South Asia
South Asia: Services, value added was 2.28 trillion current US$ in 2025. ◆ Volatile
Services, value added in South Asia, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
South Asia recorded 2.28 trillion current US$ for services, value added in 2025. That is the highest value across all 66 years on record.
The figure is up 7.4% on the previous year and up 94.6% over ten years.
Over the whole period, services, value added in South Asia peaked at 2.28 trillion current US$ in 2025 and was at its lowest, 17.10 billion current US$, in 1960.
That places South Asia 25th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in South Asia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 17.10 billion current US$ | — |
| 1961 | 17.99 billion current US$ | +5.2% |
| 1962 | 19.93 billion current US$ | +10.8% |
| 1963 | 21.45 billion current US$ | +7.6% |
| 1964 | 23.68 billion current US$ | +10.4% |
| 1965 | 25.56 billion current US$ | +7.9% |
| 1966 | 20.06 billion current US$ | -21.5% |
| 1967 | 21.15 billion current US$ | +5.5% |
| 1968 | 22.47 billion current US$ | +6.2% |
| 1969 | 24.23 billion current US$ | +7.8% |
| 1970 | 26.53 billion current US$ | +9.5% |
| 1971 | 29.14 billion current US$ | +9.9% |
| 1972 | 29.09 billion current US$ | -0.2% |
| 1973 | 32.37 billion current US$ | +11.3% |
| 1974 | 39.04 billion current US$ | +20.6% |
| 1975 | 41.80 billion current US$ | +7.1% |
| 1976 | 42.17 billion current US$ | +0.9% |
| 1977 | 47.55 billion current US$ | +12.7% |
| 1978 | 53.84 billion current US$ | +13.2% |
| 1979 | 61.40 billion current US$ | +14.1% |
| 1980 | 73.49 billion current US$ | +19.7% |
| 1981 | 77.54 billion current US$ | +5.5% |
| 1982 | 81.67 billion current US$ | +5.3% |
| 1983 | 86.62 billion current US$ | +6.1% |
| 1984 | 86.63 billion current US$ | +0.0% |
| 1985 | 97.70 billion current US$ | +12.8% |
| 1986 | 106.05 billion current US$ | +8.5% |
| 1987 | 119.88 billion current US$ | +13.0% |
| 1988 | 126.19 billion current US$ | +5.3% |
| 1989 | 128.60 billion current US$ | +1.9% |
| 1990 | 138.99 billion current US$ | +8.1% |
| 1991 | 121.73 billion current US$ | -12.4% |
| 1992 | 129.53 billion current US$ | +6.4% |
| 1993 | 129.55 billion current US$ | +0.0% |
| 1994 | 145.95 billion current US$ | +12.7% |
| 1995 | 161.98 billion current US$ | +11.0% |
| 1996 | 180.56 billion current US$ | +11.5% |
| 1997 | 196.56 billion current US$ | +8.9% |
| 1998 | 204.42 billion current US$ | +4.0% |
| 1999 | 228.88 billion current US$ | +12.0% |
| 2000 | 238.58 billion current US$ | +4.2% |
| 2001 | 251.82 billion current US$ | +5.6% |
| 2002 | 271.60 billion current US$ | +7.9% |
| 2003 | 318.03 billion current US$ | +17.1% |
| 2004 | 363.86 billion current US$ | +14.4% |
| 2005 | 420.40 billion current US$ | +15.5% |
| 2006 | 474.28 billion current US$ | +12.8% |
| 2007 | 603.37 billion current US$ | +27.2% |
| 2008 | 630.25 billion current US$ | +4.5% |
| 2009 | 704.60 billion current US$ | +11.8% |
| 2010 | 857.52 billion current US$ | +21.7% |
| 2011 | 946.11 billion current US$ | +10.3% |
| 2012 | 968.69 billion current US$ | +2.4% |
| 2013 | 1.00 trillion current US$ | +3.6% |
| 2014 | 1.13 trillion current US$ | +12.4% |
| 2015 | 1.17 trillion current US$ | +3.9% |
| 2016 | 1.30 trillion current US$ | +10.5% |
| 2017 | 1.48 trillion current US$ | +14.5% |
| 2018 | 1.55 trillion current US$ | +4.1% |
| 2019 | 1.67 trillion current US$ | +8.2% |
| 2020 | 1.55 trillion current US$ | -7.6% |
| 2021 | 1.80 trillion current US$ | +16.7% |
| 2022 | 1.84 trillion current US$ | +1.9% |
| 2023 | 1.97 trillion current US$ | +7.1% |
| 2024 | 2.12 trillion current US$ | +7.8% |
| 2025 | 2.28 trillion current US$ | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.36 billion current US$ | 17.10 billion current US$ | 25.56 billion current US$ | 10 |
| 1970s | 40.29 billion current US$ | 26.53 billion current US$ | 61.40 billion current US$ | 10 |
| 1980s | 98.44 billion current US$ | 73.49 billion current US$ | 128.60 billion current US$ | 10 |
| 1990s | 163.81 billion current US$ | 121.73 billion current US$ | 228.88 billion current US$ | 10 |
| 2000s | 427.68 billion current US$ | 238.58 billion current US$ | 704.60 billion current US$ | 10 |
| 2010s | 1.21 trillion current US$ | 857.52 billion current US$ | 1.67 trillion current US$ | 10 |
| 2020s | 1.93 trillion current US$ | 1.55 trillion current US$ | 2.28 trillion current US$ | 6 |
Countries ranked near South Asia
- 22 Belgium 516.76 billion current US$ compare
- 23 Sweden 448.41 billion current US$ compare
- 24 Singapore 432.31 billion current US$ compare
- 25 Ireland 409.47 billion current US$ compare
- 26 Israel 395.04 billion current US$ compare
- 27 Argentina 383.58 billion current US$ compare
- 28 Hong Kong 373.46 billion current US$ compare
More economy & growth data for South Asia
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 40.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 36.27 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5874 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,589 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 7.46 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,504 constant 2015 US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 21.1 BoP, current US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 5.44 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 5.38 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5559 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in South Asia?
- Services, value added in South Asia was 2.28 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in South Asia?
- The highest recorded value was 2.28 trillion current US$ in 2025.
- What is the lowest services, value added recorded in South Asia?
- The lowest recorded value was 17.10 billion current US$ in 1960.
- How does South Asia rank for services, value added?
- South Asia ranks 25th out of 47 groups with data for 2025.
- Is services, value added rising or falling in South Asia?
- Over the last ten years it is up 94.6%. The long-run trend across the full record is volatile.
- Where does this South 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.
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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.