United States's services, value added (current US$) was US$18.09 trillion in 2021, the latest year in the World Bank's World Development Indicators. That is up 52.8% from US$11.84 trillion in 2011 (4.33% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$18.09 trillion | 2021 |
| Five years earlier | US$14.48 trillion | 2016 |
| Ten years earlier | US$11.84 trillion | 2011 |
| Highest | US$18.09 trillion | 2021 |
| Lowest | US$6.16 trillion | 1997 |
| Average since 2012 | US$14.87 trillion | 2012–2021 |
| First recorded | US$6.16 trillion |
What the numbers say
In 2021, United States' services, value added (current US$) rose 9.9% on 2020 (from US$16.46 trillion to US$18.09 trillion).
Across the 23 yearly changes before that (1998 to 2020), the average change was +4.4% and a typical year strayed about 1.8% from that (the standard deviation). This year's change was 3.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 9.9% in 2021 and the biggest yearly fall was 0.3% 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 2012 to 2021 the straight-line trend is upward, about US$600.41 billion a year. A straight line explains 98% 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 US$19.2 trillion for 2024. We show this only because the same method, fitted on earlier years, predicted 2019 to 2021 better than "no change" would have: its average miss was US$600.32 billion, against US$1.26 trillion 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 | |
|---|---|---|
| United States | US$18.09 trillion | 2021 |
| World | US$70.69 trillion | 2024 |
| North America | US$19.44 trillion | 2021 |
| High income | US$43.8 trillion | 2021 |
Closest to United States in the 2021 ranking
- Sint Maarten (Dutch part) — 2nd of 2: US$1.21 billion
What this measures
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 25 values
| Year | Services, value added (current US$) |
|---|---|
| 2021 | 18,092,318,398,000 |
| 2020 | 16,456,124,708,000 |
| 2019 | 16,502,075,586,000 |
| 2018 | 15,756,152,124,000 |
| 2017 | 15,003,964,723,000 |
| 2016 | 14,477,436,424,000 |
| 2015 | 13,971,736,585,000 |
| 2014 | 13,308,249,200,000 |
| 2013 | 12,769,842,707,000 |
| 2012 | 12,379,642,957,000 |
Services, value added (current US$) in nearby economies
More economic policy & debt data for United States
- Total reserves, including gold (current US$) — US$1.39 trillion (2025)
- Total reserves, excluding gold (current US$) — US$243.27 billion (2025)
- GDP (current US$) — US$30.77 trillion (2025)
- GDP (current LCU) — 30.77 trillion (2025)
- GDP (constant 2015 US$) — US$23.22 trillion (2025)
- GDP (constant LCU) — 25.15 trillion (2025)
- GDP per capita (current US$) — US$90,027 (2025)
- GDP per capita (current LCU) — 90,027 (2025)
- GDP per capita (constant 2015 US$) — US$67,946 (2025)
- GDP per capita (constant LCU) — 73,574 (2025)
Reading data like this
Questions people ask
- What is United States's services, value added (current US$)?
- US$18.09 trillion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1997?
- It is up 193.73% from US$6.16 trillion in 1997 (4.59% a year on average, compounded). The highest value was US$18.09 trillion in 2021 and the lowest US$6.16 trillion in 1997.
- Is the latest change in services, value added (current US$) unusual for United States?
Source
World Bank, World Development Indicators, indicator NV.SRV.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in