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Economy

Services, value added (% of GDP)

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, 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.

World Bank code: NV.SRV.TOTL.ZS • Data available for 205 countries • Latest year: 2024

In , Hong Kong SAR, China led Services, value added (% of GDP) at 91.75.

The world median across 174 reporting countries was 57.05.

What this measures: Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, 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.

How "Economy" indicators are measured

Economic indicators measure the size, structure, and dynamics of a country's economy. The World Bank collects data from national statistical offices, central banks, and the IMF, then normalizes it for cross-country comparison. Watch out for nominal versus real (inflation-adjusted) values: nominal figures in current US dollars are sensitive to exchange rate swings, while constant dollar series isolate real growth. Most macro indicators have a 1–2 year reporting lag.

Distribution — 2024

Reporting
174 countries
Median
57.05
Mean
56.53
25th percentile
48.31
75th percentile
64.05
Range
14.46 – 91.75

World at a Glance — 2024

Every reporting country, grouped by region, shaded by value (quintile).

East Asia & PacificAustralia: 66.14AUBrunei Darussalam: 38.95BNCambodia: 35.59KHChina: 56.75CNFiji: 54.57FJHong Kong SAR, China: 91.75HKIndonesia: 43.77IDKorea, Rep.: 57.50KRLao PDR: 43.53LAMalaysia: 53.72MYMarshall Islands: 66.99MHMicronesia, Fed. Sts.: 67.91FMMongolia: 44.34MNMyanmar: 41.35MMPhilippines: 63.22PHSamoa: 69.36WSSingapore: 73.03SGSolomon Islands: 46.92SBThailand: 59.15THTimor-Leste: 71.63TLViet Nam: 42.36VNEurope & Central AsiaAlbania: 48.69ALAndorra: 77.59ADArmenia: 61.99AMAustria: 63.97ATAzerbaijan: 42.32AZBelarus: 49.68BYBelgium: 70.99BEBosnia and Herzegovina: 56.56BABulgaria: 63.76BGCroatia: 60.84HRCyprus: 76.48CYCzechia: 60.17CZDenmark: 63.55DKEstonia: 65.70EEFaroe Islands: 53.83FOFinland: 62.21FIFrance: 70.91FRGeorgia: 61.98GEGermany: 64.05DEGreece: 68.01GRHungary: 59.52HUIceland: 64.89ISIreland: 60.56IEItaly: 65.05ITKazakhstan: 57.94KZKosovo: 45.68XKKyrgyz Republic: 52.14KGLatvia: 64.60LVLithuania: 63.59LTLuxembourg: 81.18LUMoldova: 62.27MDMonaco: 87.20MCMontenegro: 63.77MENetherlands: 70.49NLNorth Macedonia: 56.25MKNorway: 51.81NOPoland: 59.15PLPortugal: 66.28PTRomania: 62.55RORussian Federation: 57.53RUSerbia: 58.78RSSlovak Republic: 59.96SKSlovenia: 57.94SISpain: 68.90ESSweden: 66.43SESwitzerland: 72.03CHTurkiye: 57.52TRTurkmenistan: 50.35TMUkraine: 60.62UAUnited Kingdom: 72.45GBUzbekistan: 45.19UZLatin America & CaribbeanArgentina: 53.65ARBahamas, The: 77.19BSBarbados: 75.53BBBelize: 62.44BZBolivia: 53.36BOBrazil: 59.17BRChile: 56.08CLColombia: 58.14COCosta Rica: 68.78CRCuba: 73.39CUCuracao: 72.30CWDominica: 56.94DMDominican Republic: 59.81DOEcuador: 57.16ECEl Salvador: 61.04SVGrenada: 65.71GDGuatemala: 61.84GTGuyana: 14.46GYHaiti: 48.31HTHonduras: 58.41HNJamaica: 59.96JMMexico: 58.10MXNicaragua: 46.83NIPanama: 69.34PAParaguay: 48.75PYPeru: 51.29PEPuerto Rico (US): 51.81PRSt. Kitts and Nevis: 66.13KNSt. Lucia: 75.90LCSt. Vincent and the Grenadines: 66.40VCSuriname: 50.85SRTrinidad and Tobago: 59.18TTTurks and Caicos Islands: 72.64TCUruguay: 65.26UYMiddle East, North Africa, Afghanistan & PakistanAlgeria: 46.79DZBahrain: 53.19BHDjibouti: 76.08DJEgypt, Arab Rep.: 48.93EGIran, Islamic Rep.: 49.79IRIraq: 45.77IQIsrael: 72.54ILJordan: 60.39JOKuwait: 55.85KWLibya: 28.34LYMalta: 81.77MTMorocco: 52.73MAOman: 46.01OMPakistan: 50.73PKQatar: 46.07QASaudi Arabia: 47.07SATunisia: 62.61TNUnited Arab Emirates: 54.90AESouth AsiaBangladesh: 51.42BDIndia: 49.87INMaldives: 72.10MVNepal: 55.22NPSri Lanka: 57.47LKSub-Saharan AfricaAngola: 41.06AOBenin: 48.88BJBotswana: 63.49BWBurkina Faso: 43.95BFBurundi: 43.22BICabo Verde: 68.72CVCameroon: 50.72CMCentral African Republic: 42.08CFChad: 29.78TDComoros: 50.07KMCongo, Dem. Rep.: 46.57CDCongo, Rep.: 45.02CGCote d'Ivoire: 51.86CIEquatorial Guinea: 51.10GQEswatini: 51.36SZEthiopia: 37.47ETGabon: 36.82GAGambia, The: 56.79GMGhana: 40.94GHGuinea: 36.34GNGuinea-Bissau: 37.88GWKenya: 55.30KELesotho: 48.04LSLiberia: 41.93LRMadagascar: 47.72MGMalawi: 44.21MWMali: 36.31MLMauritania: 42.43MRMauritius: 64.37MUMozambique: 41.10MZNamibia: 54.46NANiger: 45.03NENigeria: 53.73NGRwanda: 47.55RWSao Tome and Principe: 80.34STSenegal: 48.41SNSeychelles: 65.77SCSierra Leone: 42.57SLSouth Africa: 62.99ZASudan: 54.67SDTanzania: 29.56TZTogo: 49.16TGUganda: 43.14UGZambia: 57.19ZMZimbabwe: 50.61ZW

Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.

Highest Values — 2024

# Country Services, value added (% of GDP)
1 Hong Kong SAR, China East Asia & Pacific 91.75
2 Monaco Europe & Central Asia 87.20
3 Malta Middle East, North Africa, Afghanistan & Pakistan 81.77
4 Luxembourg Europe & Central Asia 81.18
5 Sao Tome and Principe Sub-Saharan Africa 80.34
6 Andorra Europe & Central Asia 77.59
7 Bahamas, The Latin America & Caribbean 77.19
8 Cyprus Europe & Central Asia 76.48
9 Djibouti Middle East, North Africa, Afghanistan & Pakistan 76.08
10 St. Lucia Latin America & Caribbean 75.90

Looking for a specific country? Only the top and bottom 10 appear here. See where every country ranks for Services, value added (% of GDP).

View complete rankings →

Biggest Movers — Year over Year

Largest increases

Largest decreases

By Income Group — Average

Income group Countries Mean
High income 60 63.89
Upper middle income 52 56.81
Lower middle income 43 51.59
Low income 18 44.09
Not classified 1 37.47

By Region — Average

Region Countries Mean
East Asia & Pacific 21 56.60
Europe & Central Asia 51 62.08
Latin America & Caribbean 34 59.89
Middle East, North Africa, Afghanistan & Pakistan 18 54.42
South Asia 5 57.22
Sub-Saharan Africa 45 48.46

Lowest Values — 2024

# Country Services, value added (% of GDP)
1 Guyana 14.46
2 Libya 28.34
3 Tanzania 29.56
4 Chad 29.78
5 Cambodia 35.59
6 Mali 36.31
7 Guinea 36.34
8 Gabon 36.82
9 Ethiopia 37.47
10 Guinea-Bissau 37.88
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Source: World Bank Open Data (NV.SRV.TOTL.ZS), CC BY 4.0. Rankings show countries with available data for 2024.