Europe & Central Asia's trade in services (% of GDP) was 28.2% in 2025, the latest year in the World Bank's World Development Indicators. That is up 5.35 percentage points from 22.86% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 28.2% | 2025 |
| Five years earlier | 23.78% | 2020 |
| Ten years earlier | 22.86% | 2015 |
| Highest | 28.6% | 2024 |
| Lowest | 8.76% | 1975 |
| Average since 2016 | 25.82% | 2016–2025 |
| First recorded | 8.76% | 1975 |
What the numbers say
In 2025, Europe & Central Asia's trade in services (% of GDP) fell 0.39 percentage points on 2024 (from 28.6% to 28.2%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.6 percentage points and a typical year strayed about 0.82 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 2.77 percentage points in 2022 and the biggest yearly fall was 2.31 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 0.57 percentage points a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 30.28% for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 0.43%, against 0.94% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Europe & Central Asia | 28.2% | 2025 |
| World | 15.19% | 2025 |
What this measures
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 51 values
| Year | Trade in services (% of GDP) |
|---|---|
| 2025 | 28.2 |
| 2024 | 28.6 |
| 2023 | 27.62 |
| 2022 | 27.2 |
| 2021 | 24.43 |
| 2020 | 23.78 |
| 2019 | 26.09 |
| 2018 | 24.8 |
| 2017 | 24.12 |
| 2016 | 23.33 |
| 2015 |
Trade in services (% of GDP) in nearby economies
More economic policy & debt data for Europe & Central Asia
- GDP (current US$) — US$32.27 trillion (2025)
- GDP (constant 2015 US$) — US$24.6 trillion (2025)
- GDP per capita (current US$) — US$34,604 (2025)
- GDP per capita (constant 2015 US$) — US$26,381 (2025)
- GNI (current US$) — US$32.09 trillion (2025)
- GDP (annual % growth) — 1.7% (2025)
- GDP per capita (annual % growth) — 1.27% (2025)
- Net bilateral aid flows from DAC donors, Austria (current US$) — US$197.79 million (2023)
- Net bilateral aid flows from DAC donors, Belgium (current US$) — US$85.62 million (2023)
Reading data like this
Questions people ask
- What is Europe & Central Asia's trade in services (% of GDP)?
- 28.2% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 19.45 percentage points from 8.76% in 1975. The highest value was 28.6% in 2024 and the lowest 8.76% in 1975.
- Is the latest change in trade in services (% of GDP) unusual for Europe & Central Asia?
Source
World Bank, World Development Indicators, indicator BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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