Services, value added (% of GDP) in United States
United States: Services, value added (% of GDP) was 76.3% in 2021. ▲ Rising
Services, value added in United States, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2021, services, value added in United States stood at 76.3%.
Compared with earlier readings it is down 0.9% on the previous year and up 0.5% over ten years.
Over the whole period, services, value added in United States peaked at 77.0% in 2016 and was at its lowest, 71.8%, in 1997.
United States ranks 16th of 206 countries 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 (% of GDP) in United States, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 71.8% | — |
| 1998 | 72.4% | +0.9% |
| 1999 | 72.7% | +0.4% |
| 2000 | 72.8% | +0.2% |
| 2001 | 74.0% | +1.6% |
| 2002 | 74.9% | +1.1% |
| 2003 | 74.6% | -0.3% |
| 2004 | 74.2% | -0.6% |
| 2005 | 74.0% | -0.2% |
| 2006 | 73.7% | -0.4% |
| 2007 | 73.9% | +0.3% |
| 2008 | 74.6% | +0.9% |
| 2009 | 76.5% | +2.5% |
| 2010 | 76.3% | -0.3% |
| 2011 | 75.9% | -0.5% |
| 2012 | 76.2% | +0.3% |
| 2013 | 75.6% | -0.7% |
| 2014 | 75.6% | -0.1% |
| 2015 | 76.4% | +1.0% |
| 2016 | 77.0% | +0.8% |
| 2017 | 76.5% | -0.6% |
| 2018 | 76.3% | -0.3% |
| 2019 | 76.6% | +0.4% |
| 2020 | 77.0% | +0.5% |
| 2021 | 76.3% | -0.9% |
United States compared with similar countries
- United States's 76.3% is above the median for high income countries, which is 66.2%, 1.2× the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.3% | 71.8% | 72.7% | 3 |
| 2000s | 74.3% | 72.8% | 76.5% | 10 |
| 2010s | 76.2% | 75.6% | 77.0% | 10 |
| 2020s | 76.6% | 76.3% | 77.0% | 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)
- SDRs holdings, US dollar, annual growth rate 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in United States?
- Services, value added in United States was 76.3% 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 77.0% in 2016.
- What is the lowest services, value added recorded in United States?
- The lowest recorded value was 71.8% in 1997.
- How does United States rank for services, value added?
- United States ranks 16th 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 0.5%. 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 (% 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.