Services value added — all countries

Services value added — Canada

Services value added in Canada in 2022 — 1,410,798,865,812 US$. Ranked 7 in the world out of 197. Since 1997, the indicator has risen by 244.3%.

2022 1.41T US$ +5.51% vs 2021
World rank 7of 197
Period maximum 1.41T US$2022
Period minimum 401B US$1998

Trend over time

1997–2022 · US$

Services value added — Canada, 1997–20220500B1T1.5T1997200020032006200920122015201820211997: 409,721,219,125 US$1998: 401,133,131,109 US$1999: 422,255,502,457 US$2000: 454,353,915,561 US$2001: 459,948,992,769 US$2002: 476,768,622,953 US$2003: 560,984,226,679 US$2004: 638,099,154,497 US$2005: 724,693,843,869 US$2006: 823,896,332,863 US$2007: 922,169,257,983 US$2008: 969,538,894,096 US$2009: 915,345,988,977 US$2010: 1,058,302,613,659 US$2011: 1,156,356,396,976 US$2012: 1,185,306,973,849 US$2013: 1,197,159,760,844 US$2014: 1,166,017,056,977 US$2015: 1,037,630,837,929 US$2016: 1,033,536,758,984 US$2017: 1,101,693,896,428 US$2018: 1,148,159,721,600 US$2019: 1,174,606,418,648 US$2020: 1,146,946,974,687 US$2021: 1,337,071,443,900 US$2022: 1,410,798,865,812 US$
Change over the period: +1T (+244.33%) Average annual rate: 5.07 %

Comparison, 2022

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

Canada 1.41T US$
World 64.05T US$
High-income countries computed 24.88T US$
Services value added — Canada, by year Canada All countries CSV XLSX
Year US$ Change Change, %
2022 1.41T +73.73B +5.51%
2021 1.34T +190B +16.58%
2020 1.15T −27.66B −2.35%
2019 1.17T +26.45B +2.3%
2018 1.15T +46.47B +4.22%
2017 1.1T +68.16B +6.59%
2016 1.03T −4.09B −0.39%
2015 1.04T −128B −11.01%
2014 1.17T −31.14B −2.6%
2013 1.2T +11.85B +1%
2012 1.19T +28.95B +2.5%
2011 1.16T +98.05B +9.27%
2010 1.06T +143B +15.62%
2009 915B −54.19B −5.59%
2008 970B +47.37B +5.14%
2007 922B +98.27B +11.93%
2006 824B +99.2B +13.69%
2005 725B +86.59B +13.57%
2004 638B +77.11B +13.75%
2003 561B +84.22B +17.66%
2002 477B +16.82B +3.66%
2001 460B +5.6B +1.23%
2000 454B +32.1B +7.6%
1999 422B +21.12B +5.27%
1998 401B −8.59B −2.1%
1997 410B

Northern America, 2022

The same indicator for neighboring countries — with links to their pages

CA Canada 1.41T BM Bermuda 7.03B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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