Services, value added (% of GDP) in OECD members
OECD members: Services, value added (% of GDP) was 69.8% in 2021. ▲ Rising
Services, value added in OECD members, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
OECD members recorded 69.8% for services, value added in 2021.
Compared with earlier readings it is down 1.1% on the previous year and up 1.5% over ten years.
Over the whole period, services, value added in OECD members peaked at 70.6% in 2020 and was at its lowest, 65.3%, in 1997.
That places OECD members 3rd out of 47 groups 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 (% of GDP) in OECD members, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 65.3% | — |
| 1998 | 66.0% | +1.1% |
| 1999 | 66.4% | +0.6% |
| 2000 | 66.6% | +0.3% |
| 2001 | 67.7% | +1.6% |
| 2002 | 68.3% | +0.8% |
| 2003 | 68.2% | -0.2% |
| 2004 | 67.8% | -0.5% |
| 2005 | 67.8% | -0.0% |
| 2006 | 67.4% | -0.5% |
| 2007 | 67.4% | -0.1% |
| 2008 | 67.8% | +0.7% |
| 2009 | 69.9% | +3.0% |
| 2010 | 69.1% | -1.1% |
| 2011 | 68.8% | -0.5% |
| 2012 | 69.2% | +0.5% |
| 2013 | 69.0% | -0.2% |
| 2014 | 69.0% | -0.1% |
| 2015 | 69.6% | +1.0% |
| 2016 | 70.0% | +0.6% |
| 2017 | 69.7% | -0.6% |
| 2018 | 69.6% | -0.1% |
| 2019 | 70.1% | +0.7% |
| 2020 | 70.6% | +0.7% |
| 2021 | 69.8% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 65.9% | 65.3% | 66.4% | 3 |
| 2000s | 67.9% | 66.6% | 69.9% | 10 |
| 2010s | 69.4% | 68.8% | 70.1% | 10 |
| 2020s | 70.2% | 69.8% | 70.6% | 2 |
Countries ranked near OECD members
- 1 Isle of Man 95.2% compare
- 2 Macao 92.0% compare
- 3 Hong Kong 91.5% compare
- 4 Bermuda 91.3% compare
- 5 Channel Islands 91.2% compare
- 6 Sint Maarten (Dutch part) 89.3% compare
More economy & growth data for OECD members
- GDP (constant 2015 US$), annual growth rate 1.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 40,416 current US$ per person (2021)
- GDP (current US$), annual growth rate 6.24 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9988 current US$ per US$ of GDP (2024)
- GDP (current US$), per capita 51,734 current US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7976 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate 3.16 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 41,261 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9292 current US$ per US$ of GDP (2021)
- Gross national expenditure (current US$), annual growth rate 4.19 % change on previous year (2024)
Frequently asked questions
- What is services, value added in OECD members?
- Services, value added in OECD members was 69.8% in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in OECD members?
- The highest recorded value was 70.6% in 2020.
- What is the lowest services, value added recorded in OECD members?
- The lowest recorded value was 65.3% in 1997.
- How does OECD members rank for services, value added?
- OECD members ranks 3rd out of 47 groups with data for 2021.
- Is services, value added rising or falling in OECD members?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is rising.
- Where does this OECD members 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.
Download this data
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.