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Services Value Added - Ranking 2023

All countries ranked by services value added · World Bank
Year

In 2023, Guyana (18.77%), Libya (23.98%), and Tanzania (28.70%) ranked highest in services value added among all countries. Bermuda ranked lowest at 91.46%.

Services Value Added by Country - 2023
RankCountryValueYoY %
1st Guyana 18.77% -2.6%
2nd Libya 23.98% -9.8%
3rd Tanzania 28.70% -6.3%
4th Chad 30.32% +7.0%
5th Tajikistan 34.71% +1.8%
6th Mali 35.90% +1.3%
7th Cambodia 36.15% -0.6%
8th Guinea 37.21% -0.8%
9th Gabon 37.81% +13.1%
10th Brunei Darussalam 38.84% +19.4%
11th Myanmar 39.68% +0.7%
12th Azerbaijan 39.76% +24.0%
13th Congo, Republic of 40.43% +8.3%
14th Liberia 40.49% +8.4%
15th Central African Republic 40.51% -4.5%
16th Mongolia 41.04% +0.2%
17th Mozambique 41.11% +4.5%
18th Sudan 41.39% +541.9%
19th Angola 41.81% -4.5%
20th Papua New Guinea 42.03% +7.9%
21st Guinea-Bissau 42.14% -3.0%
22nd Sierra Leone 42.16% +0.1%
23rd Viet Nam 42.29% +2.8%
24th Lebanon 42.38% -52.2%
25th Uganda 42.51% +2.1%
26th Indonesia 42.88% +2.6%
27th Mauritania 43.02% -3.6%
28th Ghana 43.11% +0.8%
29th Burundi 43.63% +0.3%
30th Iraq 43.67% +31.7%
31st Uzbekistan 43.95% +5.8%
32nd Lao PDR 44.00% +9.2%
33rd Qatar 44.75% +16.1%
34th Saudi Arabia 44.75% +11.3%
35th Malawi 45.12% -8.4%
36th Oman 45.30% +7.0%
37th Algeria 45.55% +6.6%
38th Rwanda 45.71% -1.6%
39th Congo, Democratic Republic of 45.92% +4.9%
40th Afghanistan 46.37% +2.9%
41st Nicaragua 46.50% +0.3%
42nd Niger 46.51% +34.9%
43rd Kosovo 46.56% +1.9%
44th Haiti 47.55% -1.3%
45th Burkina Faso 47.58% +2.0%
46th Iran, Islamic Republic of 47.63% +5.0%
47th Albania 47.66% +3.0%
48th Benin 47.72% +1.8%
49th Solomon Islands 47.96% -1.7%
50th Paraguay 48.14% +0.8%
51st Madagascar 48.46% +0.0%
52nd Togo 48.77% +0.0%
53rd Belarus 48.81% +1.3%
54th Suriname 48.83% +1.6%
55th Turkmenistan 49.44% +1.7%
56th India 49.51% -0.4%
57th Zimbabwe 49.56% +72.9%
58th Senegal 49.59% -0.4%
59th Norway 49.96% +19.5%
60th Tonga 49.99% +1.1%
61st Equatorial Guinea 50.37% +22.9%
62nd Lesotho 50.57% +1.0%
63rd Comoros 50.58% -1.2%
64th Cameroon 50.87% +3.0%
65th Pakistan 50.97% -2.4%
66th Bangladesh 51.11% +0.1%
67th Peru 51.21% +3.0%
68th Kyrgyz Republic 51.30% +0.6%
69th Puerto Rico (US) 51.58% +1.4%
70th Faroe Islands 51.64% -0.1%
71st Egypt, Arab Republic of 51.65% +0.4%
72nd Nigeria 51.71% +1.1%
73rd Eswatini 51.89% +2.2%
74th Bahrain 51.94% +5.5%
75th Kuwait 52.07% +16.2%
76th Côte d'Ivoire 52.27% -1.3%
77th Bhutan 52.79% +3.1%
78th Argentina 53.20% -0.6%
79th Namibia 53.29% -3.8%
80th Malaysia 53.55% +5.0%
81st Morocco 53.71% -1.4%
82nd Bolivia, Plurinational State of 53.80% +1.8%
83rd United Arab Emirates 53.84% +7.8%
84th Türkiye 54.35% +4.2%
85th Gambia, The 55.03% -1.1%
86th Nepal 55.37% +5.6%
87th Kenya 55.47% +0.1%
88th Bosnia and Herzegovina 55.91% +2.6%
89th Fiji 56.23% +2.2%
90th China 56.34% +2.5%
91st Kazakhstan 56.34% +7.0%
92nd Russian Federation 56.74% +2.9%
93rd Colombia 56.74% +3.3%
94th Zambia 56.82% +2.3%
95th San Marino 56.90% +3.3%
96th North Macedonia 56.92% +1.0%
97th Liechtenstein 57.43% +1.3%
98th Mexico 57.56% -1.0%
99th Honduras 57.57% +0.8%
100th Chile 57.60% +4.0%
101st Serbia 57.79% +6.5%
102nd Slovenia 57.87% -0.5%
103rd Poland 58.20% +1.7%
104th Hungary 58.28% +1.1%
105th Dominica 58.32% -0.6%
106th Thailand 58.46% +4.1%
107th West Bank and Gaza 58.53% +0.3%
108th Ecuador 58.62% +0.7%
109th Korea 58.88% +1.4%
110th Brazil 59.18% +1.9%
111th Botswana 59.19% +4.9%
112th Dominican Republic 59.59% +2.2%
113th Czechia 59.70% -0.1%
114th Croatia 59.83% +0.0%
115th Sri Lanka 59.84% +4.9%
116th Jamaica 59.88% +1.6%
117th Slovak Republic 60.03% -1.0%
118th Ireland 60.30% +12.7%
119th Trinidad and Tobago 60.33% +18.1%
120th Armenia 60.35% +8.5%
121st El Salvador 60.76% +0.5%
122nd Jordan 60.78% +0.6%
123rd Romania 60.91% +0.9%
124th Greenland 60.99% +0.7%
125th Timor-Leste 61.00% +67.9%
126th Ukraine 61.21% -0.8%
127th Guatemala 61.40% -0.6%
128th Moldova 61.52% +4.5%
129th Finland 61.77% +3.9%
130th Georgia 62.06% +5.1%
131st Tunisia 62.09% +1.7%
132nd Belize 62.13% +0.9%
133rd Philippines 62.40% +1.9%
134th Bulgaria 62.43% +4.2%
135th Austria 62.58% +0.2%
136th South Africa 62.72% +0.7%
137th Lithuania 63.09% +3.4%
138th Germany 63.62% +0.2%
139th Australia 63.64% +0.4%
140th Latvia 63.86% +3.6%
141st Denmark 63.91% -3.8%
142nd Montenegro 63.96% +1.3%
143rd Italy 64.31% -0.4%
144th Mauritius 64.87% -1.7%
145th Grenada 65.07% +1.1%
146th Estonia 65.14% +3.9%
147th Iceland 65.38% +1.5%
148th Sweden 65.46% +2.8%
149th St. Kitts and Nevis 65.47% +0.6%
150th European Union 65.50% +0.4%
151st Uruguay 65.65% +3.0%
152nd Portugal 66.29% +0.1%
153rd St. Vincent and the Grenadines 66.39% +2.3%
154th Kiribati 67.11% +3.2%
155th Seychelles 67.32% -1.8%
156th Panama 67.76% -0.6%
157th Costa Rica 67.99% +1.1%
158th Greece 68.67% +1.4%
159th Spain 68.69% +1.6%
160th Cabo Verde 68.89% -0.2%
161st Antigua and Barbuda 69.06% +1.0%
162nd Micronesia, Federated States of 69.63% +0.8%
163rd Marshall Islands 69.72% +0.9%
164th Japan 69.77% -0.8%
165th Netherlands 70.05% +1.4%
166th France 70.21% -2.2%
167th Belgium 70.26% +1.1%
168th Samoa 70.74% -2.0%
169th Maldives 70.76% -3.8%
170th Israel 72.15% +2.6%
171st Switzerland 72.16% 0.0%
172nd United Kingdom 72.42% -0.1%
173rd Singapore 72.69% +1.5%
174th Cuba 73.20% -1.9%
175th Curaçao 73.31% -0.1%
176th Turks and Caicos Islands 73.59% +1.6%
177th Palau 74.77% -2.9%
178th Barbados 75.50% -0.3%
179th Cyprus 76.22% -1.2%
180th St. Lucia 76.25% -1.7%
181st Djibouti 77.12% +1.0%
182nd São Tomé and Principe 77.64% -1.2%
183rd Andorra 78.31% +0.2%
184th Bahamas, The 78.56% -2.2%
185th Malta 81.73% +1.4%
186th Luxembourg 81.81% +0.8%
187th Cayman Islands 85.98% +0.5%
188th Monaco 88.50% +0.9%
189th Macao SAR, China 90.86% -0.1%
190th Channel Islands 91.18% +0.2%
191st Hong Kong SAR, China 91.37% +0.3%
192nd Bermuda 91.46% +1.0%

FAQ

Which country has the highest services value added in 2023?

Guyana has the highest services value added in 2023 at 18.77%.

Which country has the lowest services value added in 2023?

Bermuda has the lowest services value added in 2023 at 91.46%.

How many countries are ranked by services value added?

192 countries have services value added data for 2023.

What are the top 3 countries by services value added?

1. Guyana (18.77%), 2. Libya (23.98%), 3. Tanzania (28.70%).