Countries by Services, value added (% of GDP)

Isle of Man ranks 1st globally with services comprising 95.15% of GDP, the highest share among 203 countries measured. At the opposite end, Guyana ranks 203rd at just 14.46%. The 80-percentage-point gap reflects how differently economies are structured across agriculture, industry, and services.

Ranking 2024

Values shown in %.

Countries by Services, value added (% of GDP)
Rank Country %
1Isle of Man95.15
2Hong Kong91.75
3Bermuda91.46
4Macao90.86
5Sint Maarten (Dutch part)89.34
6Monaco87.20
7Cayman Islands85.98
8Malta81.77
9Luxembourg81.18
10Sao Tome and Principe80.34
11Aruba79.00
12United States77.60
13Andorra77.59
14Bahamas77.19
15Cyprus76.48
16Djibouti76.08
17French Polynesia75.90
18Saint Lucia75.90
19Barbados75.53
20Palau74.77
21Cuba73.39
22Singapore73.03
23Turks and Caicos Islands72.64
24Israel72.54
25United Kingdom72.45
26Curaçao72.30
27Maldives72.10
28Switzerland72.03
29Timor-Leste71.63
30Belgium70.99
31France70.91
32Netherlands70.49
33Japan69.77
34Samoa69.36
35Panama69.34
36Antigua and Barbuda69.06
37Spain68.90
38Costa Rica68.78
39Cabo Verde68.72
40Greece68.01
41Micronesia67.91
42New Zealand67.41
43Kiribati67.11
44Marshall Islands66.99
45Sweden66.43
46Saint Vincent and the Grenadines66.40
47Canada66.39
48Portugal66.28
49Australia66.14
50Saint Kitts and Nevis66.13
51Seychelles65.77
52Grenada65.71
53Estonia65.70
54Uruguay65.26
55New Caledonia65.19
56Italy65.05
57Iceland64.89
58Latvia64.60
59Mauritius64.37
60Germany64.05
61Austria63.97
62Montenegro63.77
63Bulgaria63.76
64Lithuania63.59
65Denmark63.55
66Botswana63.49
67Philippines63.22
68South Africa62.99
69Tunisia62.61
70Romania62.55
71Belize62.44
72Moldova62.27
73Finland62.21
74Armenia61.99
75Georgia61.98
76Guatemala61.84
77El Salvador61.04
78Greenland60.99
79Croatia60.84
80Ukraine60.62
81Ireland60.56
82Jordan60.39
83Czechia60.17
84Slovakia59.96
85Jamaica59.96
86Dominican Republic59.81
87Hungary59.52
88Trinidad and Tobago59.18
89Brazil59.17
90Thailand59.15
91Poland59.15
92Vanuatu59.05
93Serbia58.78
94Palestine58.53
95Honduras58.41
96Colombia58.14
97Mexico58.10
98Kazakhstan57.94
99Slovenia57.94
100Russia57.53
101Türkiye57.52
102South Korea57.50
103Sri Lanka57.47
104Liechtenstein57.43
105Zambia57.19
106Ecuador57.16
107Dominica56.94
108San Marino56.90
109Gambia56.79
110China56.75
111Bosnia and Herzegovina56.56
112South Sudan56.55
113North Macedonia56.25
114Chile56.08
115Kuwait55.85
116Kenya55.30
117Nepal55.22
118United Arab Emirates54.90
119Sudan54.67
120Fiji54.57
121Namibia54.46
122Faroe Islands53.83
123Nigeria53.73
124Malaysia53.72
125Argentina53.65
126Bolivia53.36
127Bahrain53.19
128Bhutan52.79
129Morocco52.73
130Kyrgyzstan52.14
131Côte d'Ivoire51.86
132Puerto Rico51.81
133Norway51.81
134Bangladesh51.42
135Eswatini51.36
136Peru51.29
137Equatorial Guinea51.10
138Suriname50.85
139Pakistan50.73
140Cameroon50.72
141Zimbabwe50.61
142Turkmenistan50.35
143Comoros50.07
144Tonga49.99
145India49.87
146Iran49.79
147Belarus49.68
148Togo49.16
149Egypt48.93
150Benin48.88
151Paraguay48.75
152Albania48.69
153Senegal48.41
154Haiti48.31
155Lesotho48.04
156Madagascar47.72
157Rwanda47.55
158Saudi Arabia47.07
159Solomon Islands46.92
160Nicaragua46.83
161Algeria46.79
162DR Congo46.57
163Afghanistan46.37
164Qatar46.07
165Oman46.01
166Iraq45.77
167Kosovo45.68
168Uzbekistan45.19
169Niger45.03
170Republic of Congo45.02
171Syria44.94
172Mongolia44.34
173Malawi44.21
174Burkina Faso43.95
175Indonesia43.77
176Laos43.53
177Burundi43.22
178Uganda43.14
179Sierra Leone42.57
180Mauritania42.43
181Lebanon42.38
182Vietnam42.36
183Azerbaijan42.32
184Central African Republic42.08
185Papua New Guinea42.03
186Liberia41.93
187Yemen41.81
188Myanmar41.35
189Mozambique41.10
190Angola41.06
191Ghana40.94
192Brunei38.95
193Guinea-Bissau37.88
194Ethiopia37.47
195Gabon36.82
196Guinea36.34
197Mali36.31
198Cambodia35.59
199Tajikistan34.71
200Chad29.78
201Tanzania29.56
202Libya28.34
203Guyana14.46

Analysis

This metric measures services, value added as a percentage of GDP, using World Bank World Development Indicators indicator code NV.SRV.TOTL.ZS, expressed in percent, where higher values indicate a greater share of economic output from services. Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal services. The dataset covers 203 countries, with 201 of 203 (99.0%) having data from the last seven years. All 100% of datapoints are classified as official-quality. The 2024 reference year has data for 174 of 203 countries (85.7%), meaning some values are drawn from prior years. Five extreme outliers were identified using a 3-standard-deviation threshold.

The top of the ranking is dominated by offshore financial centers, tourism-dependent territories, and highly developed service economies. Isle of Man (rank 1, 95.15%) and Bermuda (rank 3, 91.46%) derive virtually all output from services, reflecting their roles as financial and insurance jurisdictions. Hong Kong SAR, China (rank 2, 91.75%) and Macao SAR, China (rank 4, 90.86%) similarly show near-total service orientation. Among sovereign nations with large populations, the United States ranks 12th at 77.60% and the United Kingdom ranks 25th at 72.45%, while Luxembourg (rank 9, 81.18%) stands out as the highest-ranked continental European economy.

The middle of the ranking includes major emerging economies clustered between roughly 55% and 65%. China ranks 110th at 56.75%, India ranks 145th at 49.87%, and Indonesia ranks 175th at 43.77%. A notable anomaly is Ireland (rank 81, 60.56%), which ranks lower than might be expected for a high-income European economy, likely reflecting the statistical weight of its large industrial and pharmaceutical sectors. Norway ranks 133rd at 51.81%, an unusually low position for a wealthy nation, consistent with the outsized share of extractive industries in its GDP. At the bottom, Chad (rank 200, 29.78%), Tanzania (rank 201, 29.56%), Libya (rank 202, 28.34%), and Guyana (rank 203, 14.46%) show the lowest services shares, with Guyana's value being a clear statistical outlier driven by the extraordinary weight of its recently expanded extractive sector in GDP.

Because this metric expresses services as a share of GDP, a country's rank can fall not because its services sector is small in absolute terms, but because another sector — such as oil extraction or manufacturing — has grown rapidly, compressing the services percentage. This makes cross-country comparisons sensitive to commodity booms and sectoral composition rather than purely to the size or sophistication of services. The 85.7% consistency rate for the 2024 data year means that approximately 14% of values are drawn from earlier years, introducing temporal inconsistency across the ranking. The ISIC Rev. 4 classification is broad, encompassing both market and non-market services, which limits distinction between private-sector activity and government provision.

Methodology

Data source: World Bank World Development Indicators, indicator code NV.SRV.TOTL.ZS. Unit: percent of GDP. Data year: 2024. The definition applied is: services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal services. Total country coverage: 203 countries. Recency: 201 of 203 countries (99.0%) have data from within the last seven years. Data quality: 100% of datapoints are classified as official. Consistency for 2024 reference year: 174 of 203 countries (85.7%) have data directly from 2024; the remainder use the most recent prior year available. Five extreme outliers were flagged at the 3-standard-deviation threshold. The value range runs from 14.46% (Guyana, rank 203) to 95.15% (Isle of Man, rank 1), a spread of 580 percentage points relative to the minimum. Average year-over-year change across the dataset is 3.2%, well within the 50% volatility threshold.

Sources