Services, value added in United States
United States: Services, value added was 18.09 trillion current US$ in 2021. ▲ Rising
Services, value added in United States, 1997–2021
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$, in 1997.
That places United States 1st out of 203 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.57 trillion current US$ | 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
More economy & growth data for United States
- External balance on goods and services as a percent of GDP -3.1% (2024)
- Inflation of consumer prices 2.9% (2024)
- GDP per capita 67,946 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.5% (2021)
- Gross domestic product (GDP) 23.22 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 67,946 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -273.12 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -273.12 billion current US$ (2024)
- Taxes less subsidies on products 829.22 billion current LCU (2021)
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.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.