Services, value added in Pacific island small states
Pacific island small states: Services, value added was 56.8% in 2024. ▬ Flat
Services, value added in Pacific island small states, 1999–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Pacific island small states recorded 56.8% for services, value added in 2024.
That represents a change of down 2.1% on the previous year and down 1.1% over ten years.
Over the whole period, services, value added in Pacific island small states peaked at 60.0% in 2009 and was at its lowest, 51.4%, in 1999.
Pacific island small states ranks 26th of 47 groups on this measure, in the middle of the range.
Services, value added in Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | 51.4% | — |
| 2000 | 53.3% | +3.7% |
| 2001 | 54.3% | +1.9% |
| 2002 | 55.7% | +2.6% |
| 2003 | 55.5% | -0.4% |
| 2004 | 55.0% | -0.8% |
| 2005 | 58.4% | +6.1% |
| 2006 | 58.6% | +0.5% |
| 2007 | 59.2% | +1.0% |
| 2008 | 58.8% | -0.7% |
| 2009 | 60.0% | +2.0% |
| 2010 | 59.2% | -1.2% |
| 2011 | 59.1% | -0.2% |
| 2012 | 58.6% | -0.8% |
| 2013 | 58.5% | -0.2% |
| 2014 | 57.4% | -1.8% |
| 2015 | 58.1% | +1.2% |
| 2016 | 57.2% | -1.6% |
| 2017 | 56.7% | -0.7% |
| 2018 | 56.4% | -0.6% |
| 2019 | 57.5% | +2.0% |
| 2020 | 56.8% | -1.2% |
| 2021 | 56.1% | -1.3% |
| 2022 | 57.2% | +2.0% |
| 2023 | 58.0% | +1.3% |
| 2024 | 56.8% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.4% | 51.4% | 51.4% | 1 |
| 2000s | 56.9% | 53.3% | 60.0% | 10 |
| 2010s | 57.9% | 56.4% | 59.2% | 10 |
| 2020s | 57.0% | 56.1% | 58.0% | 5 |
Countries ranked near Pacific island small states
- 23 Palau 73.1% compare
- 24 Israel 72.8% compare
- 25 Turks and Caicos Islands 72.6% compare
- 26 Curaçao 72.3% compare
- 27 Samoa 72.1% compare
- 28 Switzerland 71.7% compare
- 29 Timor-Leste 71.6% compare
More economy & growth data for Pacific island small states
- Services, value added 7.00 billion current US$ (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.69 % change on previous year (2024)
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Industry (including construction), value added 1.49 billion constant 2015 US$ (2024)
- Industry (including construction), value added 7.2% (2024)
- Industry (including construction), value added 15.2% (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7392 constant 2015 US$ per US$ of GDP (2024)
- GDP (current US$), annual growth rate 5.49 % change on previous year (2025)
- GDP (constant 2015 US$), annual growth rate 3.32 % change on previous year (2025)
- GDP (current US$), per capita 4,720 current US$ per person (2025)
Frequently asked questions
- What is services, value added in Pacific island small states?
- Services, value added in Pacific island small states was 56.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Pacific island small states?
- The highest recorded value was 60.0% in 2009.
- What is the lowest services, value added recorded in Pacific island small states?
- The lowest recorded value was 51.4% in 1999.
- How does Pacific island small states rank for services, value added?
- Pacific island small states ranks 26th out of 47 groups with data for 2024.
- Is services, value added rising or falling in Pacific island small states?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
- Where does this Pacific island small states 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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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.