Services, value added in Small states
Small states: Services, value added was 63.5% in 2025. ▲ Rising
Services, value added in Small states, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Small states recorded 63.5% for services, value added in 2025.
Compared with earlier readings it is up 1.7% on the previous year and up 0.2% over ten years.
Over the whole period, services, value added in Small states peaked at 64.8% in 2020 and was at its lowest, 54.2%, in 1995.
Small states ranks 10th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added in Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 54.2% | — |
| 1996 | 54.8% | +1.2% |
| 1997 | 56.5% | +3.0% |
| 1998 | 59.0% | +4.4% |
| 1999 | 60.1% | +1.9% |
| 2000 | 59.0% | -1.8% |
| 2001 | 60.3% | +2.2% |
| 2002 | 60.7% | +0.6% |
| 2003 | 59.3% | -2.3% |
| 2004 | 58.6% | -1.2% |
| 2005 | 57.5% | -1.8% |
| 2006 | 56.4% | -2.0% |
| 2007 | 57.3% | +1.7% |
| 2008 | 55.8% | -2.6% |
| 2009 | 60.6% | +8.6% |
| 2010 | 60.0% | -1.1% |
| 2011 | 58.6% | -2.3% |
| 2012 | 59.4% | +1.3% |
| 2013 | 60.4% | +1.7% |
| 2014 | 61.3% | +1.4% |
| 2015 | 63.4% | +3.4% |
| 2016 | 64.3% | +1.5% |
| 2017 | 64.0% | -0.5% |
| 2018 | 63.6% | -0.7% |
| 2019 | 64.3% | +1.2% |
| 2020 | 64.8% | +0.8% |
| 2021 | 63.2% | -2.5% |
| 2022 | 61.4% | -2.9% |
| 2023 | 63.7% | +3.8% |
| 2024 | 62.4% | -2.1% |
| 2025 | 63.5% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.9% | 54.2% | 60.1% | 5 |
| 2000s | 58.5% | 55.8% | 60.7% | 10 |
| 2010s | 61.9% | 58.6% | 64.3% | 10 |
| 2020s | 63.2% | 61.4% | 64.8% | 6 |
Countries ranked near Small states
- 7 Cayman Islands 86.5% compare
- 8 Luxembourg 81.4% compare
- 9 Sao Tome and Principe 81.4% compare
- 10 Malta 81.3% compare
- 11 Andorra 77.8% compare
- 12 Bahamas 77.2% compare
- 13 Cyprus 76.8% compare
More economy & growth data for Small states
- Trade 139.8% (2024)
- Gross capital formation 21.6% (2024)
- Imports of goods and services 236.83 billion current US$ (2025)
- Imports of goods and services 191.89 billion constant 2015 US$ (2025)
- Imports of goods and services 2.5% (2025)
- Imports of goods and services 70.2% (2025)
- Trade in services 69.2% (2024)
- Manufacturing, value added 7.8% (2024)
- Manufacturing, value added 19.20 billion constant 2015 US$ (2024)
- Manufacturing, value added 24.33 billion current US$ (2024)
Frequently asked questions
- What is services, value added in Small states?
- Services, value added in Small states was 63.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Small states?
- The highest recorded value was 64.8% in 2020.
- What is the lowest services, value added recorded in Small states?
- The lowest recorded value was 54.2% in 1995.
- How does Small states rank for services, value added?
- Small states ranks 10th out of 45 groups with data for 2025.
- Is services, value added rising or falling in Small states?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
- Where does this 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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CSV · JSON — 31 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.