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Spain Services Value Added

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

Spain's services value added was 68.88% in 2025, ranked 37th globally. This represents a 0.0% decrease from 2024. Data from World Bank, covering 1995–2025.

68.88% −0.02% (0.0%)
Year 2025 Rank #37 Global Peak 68.90% (2024) Source World Bank

Spain Services Value Added (1995–2025)

Overview

Spain's services value added stood at 68.88% in 2025, a decline of +0.02% from 2024. Based on recent trends, this figure is projected to reach 68.88% by 2025. Spain ranked 37th globally.

Spain's Services Value Added has shown a steady increase over the past three decades, with the sector contributing significantly to the country's economic growth. The value added in services has risen from 60.32 in 1995 to 68.88 in 2025, with an all-time peak of 68.90 in 2024. Conversely, the sector experienced a trough of 59.12 in 1999, indicating a period of economic instability. Notably, Spain's Services Value Added has lagged behind that of its peers, such as New Zealand, which ranked 1st globally with a value of 69.12 in 2025. The current trend suggests a stable trajectory, but a significant shift in the global economic landscape, such as a decline in international trade or a shift towards automation, could potentially impact the sector's growth and alter Spain's Services Value Added trajectory.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 69.33% - -
2026* trend 69.11% - -
2025* trend 68.88% - -
2025 68.88% −0.02% #37
2024 68.90% +0.21% #149
2023 68.69% +1.09% #159
2022 67.60% +0.15% #158
2021 67.45% −0.94% #161
2020 68.40% +0.12% #159
2019 68.27% +0.15% #161
2018 68.12% +0.14% #162
2017 67.98% −0.18% #161
2016 68.17% −0.06% #162
2015 68.23% −0.47% #164
2014 68.70% −0.08% #166
2013 68.78% −0.02% #166
2012 68.80% +0.88% #164
2011 67.92% +1.44% #162
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 +11.0% GDP growth 2.5% C/A balance 2.7%
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

Spain matched the Export Boom Cycle pattern in 2023. 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 Spain's services value added?▾

Spain's services value added was 68.88% in 2025. Ranked 37th globally. This represents a 0.0% decrease from the previous year.

What was the highest services value added in Spain?▾

Spain's services value added peaked at 68.90% in 2024.

What was the lowest services value added in Spain?▾

The lowest services value added in Spain was 59.12% in 1999.

How does Spain rank in services value added?▾

Spain ranks 37th 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 Spain in 2025?▾

Spain's services value added is projected to reach 68.88% by 2025 based on trend extrapolation.

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

The services value added of Spain in 2025 was 68.88%. This ranks 37th in the world.

Cite this page

APA
Spain Services Value Added. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/spain/services-value-added/
BibTeX
@misc{historysaid_spain_services-value-added, title = {Spain Services Value Added}, url = {https://historysaid.com/spain/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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