Services, value added in United States

United States: Services, value added was 18.09 trillion current US$ in 2021. ▲ Rising

Latest (2021)
18.09 trillion current US$
Change on year
up 9.9%
World rank
1st
of 203 countries
All-time high
18.09 trillion current US$
in 2021
All-time low
6.16 trillion current US$
in 1997
Years of data
25
1997–2021

Services, value added in United States, 1997–2021

5.0T7.5T10.0T12.5T15.0T17.5T1997200920211997: 6.2T current US$1998: 6.6T current US$1999: 7.0T current US$2000: 7.5T current US$2001: 7.8T current US$2002: 8.2T current US$2003: 8.5T current US$2004: 9.1T current US$2005: 9.7T current US$2006: 10.2T current US$2007: 10.7T current US$2008: 11.0T current US$2009: 11.1T current US$2010: 11.5T current US$2011: 11.8T current US$2012: 12.4T current US$2013: 12.8T current US$2014: 13.3T current US$2015: 14.0T current US$2016: 14.5T current US$2017: 15.0T current US$2018: 15.8T current US$2019: 16.5T current US$2020: 16.5T current US$2021: 18.1T current US$

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

Analysis

The most recent figure for services, value added in United States is 18.09 trillion current US$, measured in 2021. That is the highest value across all 25 years on record.

That represents a change of up 9.9% on the previous year and up 52.8% over ten years.

Over the whole period, services, value added in United States peaked at 18.09 trillion current US$ in 2021 and was at its lowest, 6.16 trillion current US$, in 1997.

That places United States 1st out of 203 countries 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.57 trillion current US$ 6.16 trillion current US$ 7.00 trillion current US$ 3
2000s 9.37 trillion current US$ 7.46 trillion current US$ 11.08 trillion current US$ 10
2010s 13.75 trillion current US$ 11.48 trillion current US$ 16.50 trillion current US$ 10
2020s 17.27 trillion current US$ 16.46 trillion current US$ 18.09 trillion current US$ 2

Countries ranked near United States

  1. 2 China 11.25 trillion current US$ compare
  2. 3 Germany 3.26 trillion current US$ compare
  3. 4 Japan 2.99 trillion current US$ compare

See the full ranking of 252 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is services, value added in United States?
Services, value added in United States was 18.09 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in United States?
The highest recorded value was 18.09 trillion current US$ in 2021.
What is the lowest services, value added recorded in United States?
The lowest recorded value was 6.16 trillion current US$ in 1997.
How does United States rank for services, value added?
United States ranks 1st out of 203 countries with data for 2021.
Is services, value added rising or falling in United States?
Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
Where does this United States 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 — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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
252 places, 10,748 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.