Services, value added in North America
North America: Services, value added was 75.5% in 2021. ▲ Rising
Services, value added in North America, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for services, value added in North America is 75.5%, measured in 2021.
That represents a change of down 1.3% on the previous year and up 1.0% over ten years.
Over the whole period, services, value added in North America peaked at 76.4% in 2020 and was at its lowest, 71.2%, in 1997.
North America ranks 1st of 45 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added in North America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 71.2% | — |
| 1998 | 71.8% | +0.9% |
| 1999 | 72.0% | +0.3% |
| 2000 | 72.0% | +0.0% |
| 2001 | 73.3% | +1.7% |
| 2002 | 74.1% | +1.1% |
| 2003 | 73.7% | -0.5% |
| 2004 | 73.2% | -0.7% |
| 2005 | 73.0% | -0.3% |
| 2006 | 72.7% | -0.4% |
| 2007 | 72.9% | +0.2% |
| 2008 | 73.5% | +0.8% |
| 2009 | 75.7% | +3.0% |
| 2010 | 75.2% | -0.6% |
| 2011 | 74.7% | -0.7% |
| 2012 | 75.0% | +0.4% |
| 2013 | 74.6% | -0.6% |
| 2014 | 74.6% | -0.0% |
| 2015 | 75.6% | +1.4% |
| 2016 | 76.3% | +0.9% |
| 2017 | 75.8% | -0.7% |
| 2018 | 75.5% | -0.3% |
| 2019 | 75.9% | +0.5% |
| 2020 | 76.4% | +0.7% |
| 2021 | 75.5% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 71.7% | 71.2% | 72.0% | 3 |
| 2000s | 73.4% | 72.0% | 75.7% | 10 |
| 2010s | 75.3% | 74.6% | 76.3% | 10 |
| 2020s | 76.0% | 75.5% | 76.4% | 2 |
Countries ranked near North America
More economy & growth data for North America
- Inflation, GDP deflator 2.7% (2025)
- External balance on goods and services -2.8% (2024)
- Trade 28.5% (2024)
- Manufacturing, value added 2.69 trillion current US$ (2021)
- Manufacturing, value added 10.4% (2021)
- Industry (including construction), value added 4.69 trillion current US$ (2021)
- Industry (including construction), value added 18.2% (2021)
- Trade in services 7.5% (2025)
- GDP per capita 86,308 current US$ (2025)
- GDP growth 2.1% (2025)
Frequently asked questions
- What is services, value added in North America?
- Services, value added in North America was 75.5% in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in North America?
- The highest recorded value was 76.4% in 2020.
- What is the lowest services, value added recorded in North America?
- The lowest recorded value was 71.2% in 1997.
- How does North America rank for services, value added?
- North America ranks 1st out of 45 groups with data for 2021.
- Is services, value added rising or falling in North America?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is rising.
- Where does this North America data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.