Australia Services Value Added (% of GDP) (2024)
Australia's Services Value Added (% of GDP): 66.1 % of GDP in 2024, +2.5pp YoY. World Bank (NV.SRV.TOTL.ZS), 1990–2024.
Australia (2024)
66.1
% of GDP
+2.5pp YoY
YoY Change
+2.5pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 66.1 | +2.5pp |
| 2023 | 63.6 | +0.3pp |
| 2022 | 63.4 | -2.4pp |
| 2021 | 65.7 | -0.5pp |
| 2020 | 66.3 | +0.2pp |
| 2019 | 66.1 | -0.5pp |
| 2018 | 66.6 | -0.3pp |
| 2017 | 66.9 | -1.2pp |
| 2016 | 68.2 | +1pp |
| 2015 | 67.2 | +1.6pp |
| 2014 | 65.6 | -0.6pp |
| 2013 | 66.2 | +1pp |
| 2012 | 65.2 | +0.5pp |
| 2011 | 64.6 | -1.1pp |
| 2010 | 65.7 | +1.6pp |
| 2009 | 64.1 | -0.4pp |
| 2008 | 64.5 | +0.1pp |
| 2007 | 64.4 | +0.6pp |
| 2006 | 63.8 | -0.6pp |
| 2005 | 64.4 | n/a |
About this Dataset
Australia recorded 66.1 % of GDP in 2024. The most recent year-on-year change was +2.5pp. The historical series (1990–2024) shows a peak of 68.2 in 2016 and a trough of 59.5 in 1990.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks australia services value added (% of gdp) in Australia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 68.2 % of GDP in 2016 and reached its lowest recorded value of 59.5 in 1990. The latest reading of 66.1 in 2024 represents a year-on-year change of +2.5pp.