EU European Union: GDP: % of GDP: Gross Value Added: Services

1991 - 2017 | Yearly | % | World Bank

EU European Union: GDP: % of GDP: Gross Value Added: Services data was reported at 66.001 % in 2017. This records a decrease from the previous number of 66.038 % for 2016. EU European Union: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 63.988 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 66.574 % in 2009 and a record low of 60.508 % in 1991. EU European Union: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

View European Union's EU European Union: GDP: % of GDP: Gross Value Added: Services from 1991 to 2017 in the chart:

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European Union EU European Union: GDP: % of GDP: Gross Value Added: Services
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European Union EU European Union: GDP: % of GDP: Gross Value Added: Services

What was European Union's EU European Union: GDP: % of GDP: Gross Value Added: Services in 2017?

Last Previous Min Max Unit Frequency Range
66.00 2017 66.04 2016 60.51 1991 66.57 2009 % yearly 1991 - 2017

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European Union Key Series

National Accounts Last Frequency Range
GDP Deflator Growth (%) 6.1 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 38,454.191 2021 yearly 1999 - 2021
Gross Fixed Capital Formation (USD mn) 1,050,616.011 Sep 2024 quarterly Mar 1999 - Sep 2024
Gross National Product (GNP) (USD mn) 18,363,348.315 2023 yearly 1960 - 2023
Gross Savings Rate (%) 26.0 Sep 2024 quarterly Mar 1995 - Sep 2024
Investment: % of GDP (%) 21.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Nominal GDP (USD mn) 4,141,831.0 Dec 2022 quarterly Mar 1999 - Dec 2022
Nominal GDP Growth (%) 4.321 Sep 2024 quarterly Mar 1996 - Sep 2024
Private Consumption Expenditure (USD mn) 2,606,387.816 Sep 2024 quarterly Mar 1999 - Sep 2024
Private Consumption: % of GDP (%) 53.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Public Consumption Expenditure (USD mn) 1,065,051.429 Sep 2024 quarterly Mar 1999 - Sep 2024
Public Consumption: % of GDP (%) 20.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Real GDP Growth (%) 1.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 96.640 Sep 2024 quarterly Mar 1995 - Sep 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 0.6 Apr 2023 monthly Jan 1992 - Apr 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -4.0 Apr 2012 monthly Jan 1997 - Apr 2012
Construction and Properties Last Frequency Range
House Prices Growth (%) 2.9 Jun 2024 quarterly Mar 2006 - Jun 2024
Government and Public Finance Last Frequency Range
Government Debt: % of GDP (%) 81.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Tax Revenue (USD mn) 4,800,027.215 2023 yearly 1999 - 2023
National Government Debt (USD mn) 15,317,621.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Consolidated Fiscal Balance (USD mn) -649,147.924 2023 yearly 1999 - 2023
Tax Revenue: % of GDP (%) 25.8 2023 yearly 1995 - 2023
Consolidated Fiscal Balance: % of GDP (%) -3.5 2023 yearly 1995 - 2023

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