Services share of GDP — all countries

Services share of GDP — Melanesia

Services share of GDP in Melanesia in 2024 — 44.5%. Since 2002, the indicator has fallen by 19.1 pp.

2024 44.5% −0.2 pp vs 2023
World rank
Period maximum 63.7%2002
Period minimum 41.9%2022

Trend over time

2002–2024 · % of GDP

Services share of GDP — Melanesia, 2002–202440506070200220052008201120142017202020232002: 63.7%2003: 61.4%2004: 60.2%2005: 62.2%2006: 52.2%2007: 52%2008: 53.6%2009: 55.4%2010: 53%2011: 54.2%2012: 55.4%2013: 56%2014: 52%2015: 51.2%2016: 51.8%2017: 50.2%2018: 44.6%2019: 49.5%2020: 46.1%2021: 44.7%2022: 41.9%2023: 44.7%2024: 44.5%
Change over the period: −19.1 pp Annual average: -0.87 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Melanesia

Melanesia 44.5%
World 63.3%
Services share of GDP — Melanesia, by year Melanesia All countries CSV XLSX
Year % Change, pp
2024 44.5 −0.2 pp
2023 44.7 +2.8 pp
2022 41.9 −2.8 pp
2021 44.7 −1.4 pp
2020 46.1 −3.4 pp
2019 49.5 +4.9 pp
2018 44.6 −5.6 pp
2017 50.2 −1.6 pp
2016 51.8 +0.5 pp
2015 51.2 −0.7 pp
2014 52 −4.1 pp
2013 56 +0.6 pp
2012 55.4 +1.2 pp
2011 54.2 +1.2 pp
2010 53 −2.4 pp
2009 55.4 +1.9 pp
2008 53.6 +1.5 pp
2007 52 −0.2 pp
2006 52.2 −10 pp
2005 62.2 +2 pp
2004 60.2 −1.1 pp
2003 61.4 −2.3 pp
2002 63.7

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

Source: World Development Indicators (World Bank), license CC BY 4.0.