Services, value added (% of GDP)

About the source table

Publisher

World Bank, World Development Indicators

Original producer

World Bank and OECD national accounts data, from national statistical offices

Code

NV.SRV.TOTL.ZS

Last update by provider

8 October 2026

Last checked here

9 November 2026

Licence (series metadata)

CC BY-4.0

Source note

Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB)

Definition published with the series

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.