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Australia Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

Australia's services value added was 64.33% in 2025, ranked 56th globally. This represents a 2.7% decrease from 2024. Data from World Bank, covering 1990–2025.

64.33% −1.81% (-2.7%)
Year 2025 Rank #56 Global Peak 68.16% (2016) Source World Bank

Australia Services Value Added (1990–2025)

Overview

Australia's services value added stood at 64.33% in 2025, a decline of +1.81% from 2024. Based on recent trends, this figure is projected to reach 64.33% by 2025. Australia ranked 56th globally.

Australia's Services Value Added, as measured by the World Bank, has exhibited a generally upward trend over the past three and a half decades, with a notable exception in the early 1990s when the indicator reached its all-time trough of 59.52. The sector's value added has since recovered and peaked in 2016 at 68.16, only to decline and settle at 64.33 in 2025. Despite being surpassed by peer countries such as Latvia and Grenada in recent years, Australia's services sector remains a significant contributor to its economy. The sector's value added has been steadily increasing since the 1990s, with the exception of the aforementioned downturn. Grenada, which ranks slightly higher than Australia at 64.72, serves as a notable comparison, highlighting that there is still room for improvement in Australia's services sector. A sustained increase in foreign investment and trade agreements could potentially alter the trajectory of Australia's Services Value Added, leading to a renewed surge in the sector's growth.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 63.86% - -
2026* trend 64.10% - -
2025* trend 64.33% - -
2025 64.33% −1.81% #56
2024 66.14% +2.50% #140
2023 63.64% +0.27% #139
2022 63.36% −2.36% #142
2021 65.73% −0.53% #154
2020 66.25% +0.21% #150
2019 66.05% −0.54% #153
2018 66.59% −0.34% #156
2017 66.93% −1.22% #156
2016 68.16% +0.98% #161
2015 67.18% +1.55% #160
2014 65.63% −0.57% #152
2013 66.20% +1.04% #154
2012 65.16% +0.53% #150
2011 64.63% −1.09% #148
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +36.0% GDP growth 2.0% C/A balance 2.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Australia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Australia's services value added?▾

Australia's services value added was 64.33% in 2025. Ranked 56th globally. This represents a 2.7% decrease from the previous year.

What was the highest services value added in Australia?▾

Australia's services value added peaked at 68.16% in 2016.

What was the lowest services value added in Australia?▾

The lowest services value added in Australia was 59.52% in 1990.

How does Australia rank in services value added?▾

Australia ranks 56th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?▾

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Australia in 2025?▾

Australia's services value added is projected to reach 64.33% by 2025 based on trend extrapolation.

What is the services value added of Australia in 2025?▾

The services value added of Australia in 2025 was 64.33%. This ranks 56th in the world.

Cite this page

APA
Australia Services Value Added. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/australia/services-value-added/
BibTeX
@misc{historysaid_australia_services-value-added, title = {Australia Services Value Added}, url = {https://historysaid.com/australia/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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