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Ireland Services Value Added

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

Ireland's services value added was 61.48% in 2025, ranked 74th globally. This represents a 1.5% increase from 2024. Data from World Bank, covering 1995–2025.

61.48% +0.91% (+1.5%)
Year 2025 Rank #74 Global Peak 67.54% (2013) Source World Bank

Ireland Services Value Added (1995–2025)

Overview

Ireland's services value added stood at 61.48% in 2025, a rise of +0.91% from 2024. Based on recent trends, this figure is projected to reach 61.48% by 2025. Ireland ranked 74th globally.

Ireland’s services value added has risen from 55.79 in 1995 to 61.48 in 2025, placing it 74th globally. The indicator reached its all‑time peak of 67.54 in 2013, before falling to a trough of 51.84 in 2002, reflecting the impact of the early‑2000s recession and the subsequent recovery driven by export‑oriented sectors such as information technology and finance. Over the 31‑year coverage period the upward trajectory has been steady, with the latest figure of 61.48 only marginally below the 2025 values of peer economies such as South Africa (62.09) and Guatemala (61.51). The modest gap suggests that Ireland remains competitive within this group, though the post‑peak decline indicates vulnerability to external shocks. Continued investment in high‑value services and diversification away from a narrow export base will be crucial to sustain the current upward trend and avoid another downturn.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 64.42% - -
2026* trend 62.95% - -
2025* trend 61.48% - -
2025 61.48% +0.91% #74
2024 60.56% +0.27% #109
2023 60.30% +6.79% #118
2022 53.51% −1.66% #86
2021 55.17% −0.60% #101
2020 55.77% −1.70% #89
2019 57.47% +1.24% #106
2018 56.24% +0.63% #101
2017 55.60% −0.11% #90
2016 55.72% +1.50% #94
2015 54.22% −12.94% #84
2014 67.16% −0.38% #159
2013 67.54% +1.17% #158
2012 66.37% +0.45% #155
2011 65.92% −0.84% #156
Show all years (1995-2025)
* 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 +77.5% GDP growth 16.3% C/A balance 12.3%
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

Ireland 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 Ireland's services value added?▾

Ireland's services value added was 61.48% in 2025. Ranked 74th globally. This represents a 1.5% increase from the previous year.

What was the highest services value added in Ireland?▾

Ireland's services value added peaked at 67.54% in 2013.

What was the lowest services value added in Ireland?▾

The lowest services value added in Ireland was 51.84% in 2002.

How does Ireland rank in services value added?▾

Ireland ranks 74th 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 Ireland in 2025?▾

Ireland's services value added is projected to reach 61.48% by 2025 based on trend extrapolation.

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

The services value added of Ireland in 2025 was 61.48%. This ranks 74th in the world.

Cite this page

APA
Ireland Services Value Added. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/ireland/services-value-added/
BibTeX
@misc{historysaid_ireland_services-value-added, title = {Ireland Services Value Added}, url = {https://historysaid.com/ireland/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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