Home → India → Economy & Growth → Services Value Added

India Services Value Added

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

India's services value added was 50.64% in 2025, ranked 128th globally. This represents a 1.5% increase from 2024. Data from World Bank, covering 1960–2025.

50.64% +0.77% (+1.5%)
Year 2025 Rank #128 Global Peak 50.64% (2025) Source World Bank

India Services Value Added (1960–2025)

Overview

India's services value added stood at 50.64% in 2025, a rise of +0.77% from 2024. Based on recent trends, this figure is projected to reach 50.64% by 2025. India ranked 128th globally.

India's services value added has demonstrated a steady growth trajectory since 1960, with the sector contributing 50.64% to the country's GDP in 2025. This represents a significant increase from the 38.78% recorded in 1960, showcasing the sector's expanding influence in the economy. The all-time peak of 50.64% in 2025 is a testament to India's growing services sector, which has outpaced the global average. Conversely, the sector hit an all-time trough of 32.95% in 1973, reflecting the economic challenges faced by India during that period. Compared to its peers, Eswatini's services value added is marginally higher at 50.73%, while Côte d'Ivoire's is relatively close at 50.58%. With India's services sector likely to continue driving economic growth, a significant shift in government policies or a major economic disruption could alter the trajectory of this trend.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 51.75% - -
2026* trend 51.19% - -
2025* trend 50.64% - -
2025 50.64% +0.77% #128
2024 49.87% +0.37% #52
2023 49.51% −0.22% #56
2022 49.73% +1.88% #65
2021 47.85% −0.09% #50
2020 47.93% −2.15% #37
2019 50.08% +1.65% #51
2018 48.43% +0.76% #45
2017 47.67% −0.08% #42
2016 47.75% −0.03% #39
2015 47.78% −0.04% #40
2014 47.82% +1.12% #50
2013 46.70% +0.40% #46
2012 46.30% +0.86% #47
2011 45.44% +0.41% #47
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 12.0% Real rate -2.0%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

India matched the Fiscal Dominance Trap pattern in 2010. Historically, 72% of countries showing this pattern (278 out of 386) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is India's services value added?▾

India's services value added was 50.64% in 2025. Ranked 128th globally. This represents a 1.5% increase from the previous year.

What was the highest services value added in India?▾

India's services value added peaked at 50.64% in 2025.

What was the lowest services value added in India?▾

The lowest services value added in India was 32.95% in 1973.

How does India rank in services value added?▾

India ranks 128th 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 India in 2025?▾

India's services value added is projected to reach 50.64% by 2025 based on trend extrapolation.

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

The services value added of India in 2025 was 50.64%. This ranks 128th in the world.

Cite this page

APA
India Services Value Added. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/india/services-value-added/
BibTeX
@misc{historysaid_india_services-value-added, title = {India Services Value Added}, url = {https://historysaid.com/india/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub