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$, in 1997.
That places United States 1st out of 206 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added in United States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 6.16 trillion current US$ | — |
| 1998 | 6.56 trillion current US$ | +6.6% |
| 1999 | 7.00 trillion current US$ | +6.7% |
| 2000 | 7.46 trillion current US$ | +6.6% |
| 2001 | 7.83 trillion current US$ | +4.9% |
| 2002 | 8.18 trillion current US$ | +4.5% |
| 2003 | 8.55 trillion current US$ | +4.5% |
| 2004 | 9.06 trillion current US$ | +6.0% |
| 2005 | 9.65 trillion current US$ | +6.5% |
| 2006 | 10.18 trillion current US$ | +5.5% |
| 2007 | 10.70 trillion current US$ | +5.1% |
| 2008 | 11.02 trillion current US$ | +3.0% |
| 2009 | 11.08 trillion current US$ | +0.5% |
| 2010 | 11.48 trillion current US$ | +3.6% |
| 2011 | 11.84 trillion current US$ | +3.1% |
| 2012 | 12.38 trillion current US$ | +4.6% |
| 2013 | 12.77 trillion current US$ | +3.2% |
| 2014 | 13.31 trillion current US$ | +4.2% |
| 2015 | 13.97 trillion current US$ | +5.0% |
| 2016 | 14.48 trillion current US$ | +3.6% |
| 2017 | 15.00 trillion current US$ | +3.6% |
| 2018 | 15.76 trillion current US$ | +5.0% |
| 2019 | 16.50 trillion current US$ | +4.7% |
| 2020 | 16.46 trillion current US$ | -0.3% |
| 2021 | 18.09 trillion current US$ | +9.9% |
United States compared with similar countries
- United States's 18.09 trillion current US$ is above the median for high income countries, which is 71.23 billion current US$, 254.0× the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.57 trillion current US$ | 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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is services, value added in United States?
- Services, value added in United States was 18.09 trillion current US$ 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 206 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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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.