In 2023, private service-producing industries added a value of ***** trillion U.S. dollars to the gross domestic product of the United States. This was an increase from the previous year, when the added value was ***** trillion U.S. dollars.

The average for 2023 based on 168 countries was 242.54 billion U.S. dollars. The highest value was in China: 9715.4 billion U.S. dollars and the lowest value was in Palau: 0.22 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

United States US: GDP: % of GDP: Gross Value Added: Services data was reported at 78.921 % in 2015. This records an increase from the previous number of 77.881 % for 2014. United States US: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 77.198 % from Dec 1997 (Median) to 2015, with 19 observations. The data reached an all-time high of 78.921 % in 2015 and a record low of 74.670 % in 1997. United States US: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

The value added by the services industry to the gross domestic product in Mexico increased by 25.6 billion U.S. dollars (+3.22 percent) in 2023. With 821.62 billion U.S. dollars, the value added thereby reached its highest value in the observed period. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resourcesFind more statistics on other topics about Mexico with key insights such as value added by the services industry to the gross domestic product, share of value added by the manufacturing industry to the gross domestic product, and value added to gross domestic product by the manufacturing sector.

The value added by the services industry to the gross domestic product in Argentina saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 342.95 billion U.S. dollars. Nevertheless, 2023 still represents a peak in the value added in Argentina. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. Find more statistics on other topics about Argentina with key insights such as national gross income per capita, value added by the agriculture, forestry and fishing sector to the gross domestic product, and consumer expenditure.

Portugal: Services value added, billion USD: The latest value from 2023 is 193.01 billion U.S. dollars, an increase from 170.05 billion U.S. dollars in 2022. In comparison, the world average is 242.54 billion U.S. dollars, based on data from 168 countries. Historically, the average for Portugal from 1995 to 2023 is 128.26 billion U.S. dollars. The minimum value, 68.39 billion U.S. dollars, was reached in 1997 while the maximum of 193.01 billion U.S. dollars was recorded in 2023.

Russia: Services value added, billion USD: The latest value from 2023 is 1149.79 billion U.S. dollars, a decline from 1240.88 billion U.S. dollars in 2022. In comparison, the world average is 242.54 billion U.S. dollars, based on data from 168 countries. Historically, the average for Russia from 1989 to 2023 is 569.51 billion U.S. dollars. The minimum value, 97.74 billion U.S. dollars, was reached in 1999 while the maximum of 1286.57 billion U.S. dollars was recorded in 2013.

Graph and download economic data for Real Value Added by Industry: Professional and Business Services (RVAPBS) from Q1 2005 to Q1 2025 about value added, professional, private industries, business, services, private, real, industry, and USA.

Hong Kong HK: GDP: % of GDP: Gross Value Added: Services data was reported at 92.234 % in 2016. This records a decrease from the previous number of 92.651 % for 2015. Hong Kong HK: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 92.563 % from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 93.115 % in 2011 and a record low of 87.314 % in 2000. Hong Kong HK: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong – Table HK.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Vietnam VN: GDP: % of GDP: Gross Value Added: Services data was reported at 40.925 % in 2016. This records an increase from the previous number of 39.733 % for 2015. Vietnam VN: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 38.798 % from Dec 1986 (Median) to 2016, with 31 observations. The data reached an all-time high of 44.061 % in 1995 and a record low of 29.741 % in 1988. Vietnam VN: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Japan JP: GDP: % of GDP: Gross Value Added: Services data was reported at 69.312 % in 2016. This records a decrease from the previous number of 69.737 % for 2015. Japan JP: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 68.766 % from Dec 1994 (Median) to 2016, with 23 observations. The data reached an all-time high of 71.963 % in 2012 and a record low of 63.237 % in 1994. Japan JP: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Luxembourg LU: GDP: Growth: Gross Value Added: Services data was reported at 2.646 % in 2016. This records a decrease from the previous number of 2.746 % for 2015. Luxembourg LU: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 3.439 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 8.491 % in 2000 and a record low of -3.481 % in 2009. Luxembourg LU: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Graph and download economic data for Value Added by Industry: Other Services, Except Government as a Percentage of GDP (VAPGDPOSEG) from Q1 2005 to Q1 2025 about value added, private industries, percent, government, services, private, industry, GDP, and USA.

In Latin America and the Caribbean, Brazil had the largest services industry based on the added value it generated for the country's gross domestic product (GDP) in 2023. This contribution was approximately 1.2 trillion U.S. dollars in Brazil, whereas in Mexico the services sector accounted for roughly 815 billion U.S. dollars of value added to GDP.The services industry comprises wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional, and personal services such as education, health care, and real estate. The added value is calculated by subtracting the cost of intermediate goods and services from the sector's total GDP.

Mexico: Services value added, billion USD: The latest value from 2023 is 1049.32 billion U.S. dollars, an increase from 852.37 billion U.S. dollars in 2022. In comparison, the world average is 242.54 billion U.S. dollars, based on data from 168 countries. Historically, the average for Mexico from 1965 to 2023 is 345.41 billion U.S. dollars. The minimum value, 12.42 billion U.S. dollars, was reached in 1965 while the maximum of 1049.32 billion U.S. dollars was recorded in 2023.

In 2023, the value added by the services industry to the gross domestic product in Cuba decreased by one billion U.S. dollar (-1.53 percent) compared to 2022. This decrease was preceded by an increase in value added.Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. Find more statistics on other topics about Cuba with key insights such as growth rate of the real gross domestic product, value added by the services industry to the gross domestic product, and share of value added by the manufacturing industry to the gross domestic product.

Graph and download economic data for Value Added by Industry: Private Services-Producing Industries as a Percentage of GDP (VAPGDPSPI) from Q1 2005 to Q1 2025 about value added, percent, services, private, industry, GDP, and USA.

Ecuador: Services value added, billion USD: The latest value from 2023 is 70.98 billion U.S. dollars, an increase from 68.55 billion U.S. dollars in 2022. In comparison, the world average is 242.54 billion U.S. dollars, based on data from 168 countries. Historically, the average for Ecuador from 1960 to 2023 is 19.18 billion U.S. dollars. The minimum value, 0.61 billion U.S. dollars, was reached in 1962 while the maximum of 70.98 billion U.S. dollars was recorded in 2023.

Sweden SE: GDP: % of GDP: Gross Value Added: Services data was reported at 65.183 % in 2017. This records a decrease from the previous number of 65.564 % for 2016. Sweden SE: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 59.568 % from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 65.684 % in 2015 and a record low of 55.086 % in 1985. Sweden SE: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

This dataset shows the Value added of services sub-sector (Government Services) by state, 2005-2020 at constant prices Notes: Supra State covers production activities that beyond the centre of predominant economic interest for any state .. Not applicable For base year 2005, the values for year 2012 are estimate and the values for year 2013 are preliminary For base year 2010, the values for year 2016 are estimate and the values for year 2017 are preliminary For base year 2015, the values for year 2019 are estimate and the values for year 2020 are preliminary DEPARTMENT OF STATISTICS MALAYSIA No. of Views : 45