Services value added — all countries

Services value added — Southern Europe

Services value added in Southern Europe in 2025 — 3,622,271,673,120 US$. Since 1995, the indicator has risen by 182.1%.

2025 3.62T US$ +8.2% vs 2024
World rank
Period maximum 3.62T US$2025
Period minimum 1.27T US$2000

Trend over time

1995–2025 · US$

Services value added — Southern Europe, 1995–202501T2T3T4T199519982001200420072010201320162019202220251995: 1,284,260,627,775 US$1996: 1,402,829,461,528 US$1997: 1,323,851,985,347 US$1998: 1,359,538,866,212 US$1999: 1,362,591,794,092 US$2000: 1,266,481,738,552 US$2001: 1,319,250,915,637 US$2002: 1,471,656,074,751 US$2003: 1,861,028,747,908 US$2004: 2,159,974,331,248 US$2005: 2,269,387,608,178 US$2006: 2,414,181,086,272 US$2007: 2,806,878,940,572 US$2008: 3,155,699,852,158 US$2009: 2,992,352,639,165 US$2010: 2,864,842,917,487 US$2011: 3,036,068,834,957 US$2012: 2,744,950,208,446 US$2013: 2,818,587,883,112 US$2014: 2,851,990,378,413 US$2015: 2,437,299,763,778 US$2016: 2,490,281,920,031 US$2017: 2,621,950,894,241 US$2018: 2,818,988,396,408 US$2019: 2,745,147,618,918 US$2020: 2,587,340,297,557 US$2021: 2,891,695,599,012 US$2022: 2,834,876,139,346 US$2023: 3,178,142,918,769 US$2024: 3,347,693,617,471 US$2025: 3,622,271,673,120 US$
Change over the period: +2.34T (+182.05%) Average annual rate: 3.52 %

Comparison, 2025

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

Southern Europe 3.62T US$
World computed 46.11T US$
Services value added — Southern Europe, by year Southern Europe All countries CSV XLSX
Year US$ Change Change, %
2025 3.62T +275B +8.2%
2024 3.35T +170B +5.33%
2023 3.18T +343B +12.11%
2022 2.83T −56.82B −1.96%
2021 2.89T +304B +11.76%
2020 2.59T −158B −5.75%
2019 2.75T −73.84B −2.62%
2018 2.82T +197B +7.51%
2017 2.62T +132B +5.29%
2016 2.49T +52.98B +2.17%
2015 2.44T −415B −14.54%
2014 2.85T +33.4B +1.19%
2013 2.82T +73.64B +2.68%
2012 2.74T −291B −9.59%
2011 3.04T +171B +5.98%
2010 2.86T −128B −4.26%
2009 2.99T −163B −5.18%
2008 3.16T +349B +12.43%
2007 2.81T +393B +16.27%
2006 2.41T +145B +6.38%
2005 2.27T +109B +5.07%
2004 2.16T +299B +16.06%
2003 1.86T +389B +26.46%
2002 1.47T +152B +11.55%
2001 1.32T +52.77B +4.17%
2000 1.27T −96.11B −7.05%
1999 1.36T +3.05B +0.22%
1998 1.36T +35.69B +2.7%
1997 1.32T −78.98B −5.63%
1996 1.4T +119B +9.23%
1995 1.28T

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.