Data / Services, value added / World

Services, value added in World

Services, value added in the World was 63.3% of GDP in 2024, according to the World Bank. That is up 0.3 pts from 2023.

2024, % of GDP63.3
Change on 2023+0.3 pts
Series high65.72002
Series low62.32022

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Services, value added in World, 1995 to 2024

626364656619952000200520102015202020241995: 65.4 % of GDP1996: 64.4 % of GDP1997: 62.9 % of GDP1998: 63.8 % of GDP1999: 64.3 % of GDP2000: 64.2 % of GDP2001: 65.2 % of GDP2002: 65.7 % of GDP2003: 65.5 % of GDP2004: 64.8 % of GDP2005: 64.3 % of GDP2006: 63.6 % of GDP2007: 63.2 % of GDP2008: 62.8 % of GDP2009: 64.7 % of GDP2010: 63.3 % of GDP2011: 62.6 % of GDP2012: 62.7 % of GDP2013: 62.9 % of GDP2014: 63.2 % of GDP2015: 64.4 % of GDP2016: 65 % of GDP2017: 64.5 % of GDP2018: 64.3 % of GDP2019: 64.9 % of GDP2020: 65.4 % of GDP2021: 64.1 % of GDP2022: 62.3 % of GDP2023: 63 % of GDP2024: 63.3 % of GDP626364656619952005201520241995: 65.4 % of GDP1996: 64.4 % of GDP1997: 62.9 % of GDP1998: 63.8 % of GDP1999: 64.3 % of GDP2000: 64.2 % of GDP2001: 65.2 % of GDP2002: 65.7 % of GDP2003: 65.5 % of GDP2004: 64.8 % of GDP2005: 64.3 % of GDP2006: 63.6 % of GDP2007: 63.2 % of GDP2008: 62.8 % of GDP2009: 64.7 % of GDP2010: 63.3 % of GDP2011: 62.6 % of GDP2012: 62.7 % of GDP2013: 62.9 % of GDP2014: 63.2 % of GDP2015: 64.4 % of GDP2016: 65 % of GDP2017: 64.5 % of GDP2018: 64.3 % of GDP2019: 64.9 % of GDP2020: 65.4 % of GDP2021: 64.1 % of GDP2022: 62.3 % of GDP2023: 63 % of GDP2024: 63.3 % of GDP
% of GDP. Source: World Bank, Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 30 values
Period% of GDP
202463.3
202363
202262.3
202164.1
202065.4
201964.9
201864.3
201764.5
201665
201564.4
201463.2
201362.9
201262.7
201162.6
201063.3
200964.7
200862.8
200763.2
200663.6
200564.3
200464.8
200365.5
200265.7
200165.2
200064.2
199964.3
199863.8
199762.9
199664.4
199565.4

Rankings

Definition

Gross value added of services (ISIC Rev.

More on how it is measured
  • 4 divisions 45 to 99), including trade, transport, hotels and restaurants, finance, real estate, public administration, education and health, as a share of GDP.
  • World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Agriculture, industry and services do not add up to exactly 100%: taxes less subsidies on products are part of GDP but of no sector. Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Services, value added (% of GDP) (NV.SRV.TOTL.ZS) (Services, value added, World, 1995 to 2024) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS

MLA 9

Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, World, 1995 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Invokely, https://invokely.ai/en/services-share-of-gdp/world. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Services, value added, World, 1995 to 2024. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Also distributed by Invokely, https://invokely.ai/en/services-share-of-gdp/world.

Harvard

World Bank (2026) Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, World, 1995 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS, via Invokely: https://invokely.ai/en/services-share-of-gdp/world (Accessed: 18 October 2026).

BibTeX
@misc{world_services_value_added_world_2024,
  author = {{World Bank}},
  title = {{Services, value added (\% of GDP) (NV.SRV.TOTL.ZS): Services, value added, World, 1995 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/world. Publisher attribution: World Bank, World Development Indicators. Services, value added (\% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Services, value added (% of GDP) (NV.SRV.TOTL.ZS): Services, value added, World, 1995 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS
L2  - https://invokely.ai/en/services-share-of-gdp/world
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/world.
N1  - Publisher attribution: World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the services, value added in World?

Services, value added in the World was 63.3% of GDP in 2024, according to the World Bank. That is up 0.3 pts from 2023.

Where does this figure come from?

World Bank. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest services, value added in World?

65.7% of GDP in 2002, the highest value since 1995 in this series.

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