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Canada Services Value Added

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

66.39% −3.17% (-4.6%)
Year 2021 Rank #156 Global Peak 69.56% (2020) Source World Bank

Canada Services Value Added (1997–2021)

Overview

Canada's services value added stood at 66.39% in 2021, a decline of +3.17% from 2020. Canada ranked 156th globally.

Data & projection

Year Services Value Added YoY change Rank
2021 66.39% −3.17% #156
2020 69.56% +1.89% #165
2019 67.67% +0.81% #159
2018 66.87% −0.25% #158
2017 67.12% −0.84% #160
2016 67.96% +0.96% #160
2015 67.00% +2.10% #158
2014 64.90% −0.27% #147
2013 65.17% +0.00% #148
2012 65.16% +0.37% #151
2011 64.80% −0.94% #149
2010 65.73% −1.14% #152
2009 66.87% +4.13% #156
2008 62.73% −0.36% #143
2007 63.10% +0.37% #144
Show all years (1997-2021)

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 +17.2% GDP growth 2.0% C/A balance 0.8%
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

Canada matched the Export Boom Cycle pattern in 2007. 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 Canada's services value added?

Canada's services value added was 66.39% in 2021. Ranked 156th globally. This represents a 4.6% decrease from the previous year.

What was the highest services value added in Canada?

Canada's services value added peaked at 69.56% in 2020.

What was the lowest services value added in Canada?

The lowest services value added in Canada was 61.30% in 2000.

How does Canada rank in services value added?

Canada ranks 156th globally in services value added as of 2021.

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 services value added of Canada in 2021?

The services value added of Canada in 2021 was 66.39%. This ranks 156th in the world.

Cite this page

APA
Canada Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/canada/services-value-added
BibTeX
@misc{historysaid_canada_services-value-added, title = {Canada Services Value Added}, url = {https://historysaid.com/canada/services-value-added}, publisher = {HistorySaid}, year = {2026} }