Most Service-Based Economies

This chart ranks countries by services value added as a share of GDP. Services cover finance, tourism, retail, transport, education, health and government, everything outside agriculture and industry.

About This Dataset

Most Service-Based Economies
This chart ranks countries by services value added as a share of GDP. Services cover finance, tourism, retail, transport, education, health and government, everything outside agriculture and industry.
✨ AI Insight

Macao leads with services at 92% of GDP, narrowly ahead of Hong Kong on 91.5% and Bermuda on 91.3%, and all three exceed 91%, a level of specialisation no large economy comes close to. The list divides into two clear types: gambling and tourism economies such as Macao and the Bahamas, and offshore financial centres such as Bermuda, the Cayman Islands, Monaco, Luxembourg and Andorra. Every entry is small, which is the point, as tiny territories can abandon agriculture and industry entirely in a way large nations cannot. Sao Tome and Principe on 81.1% is the outlier, a developing island state whose high share reflects a weak productive base rather than financial sophistication.

Source:  World Bank (National Accounts)

Key Findings

Auto-computed highlights from this dataset

🏆
Macao leads with 92 in 2024.
📊
Average value in 2024: 85  ·  median: 84.
↔️
Gap in 2024: Macao is 1.2× larger than Bahamas.

Most Service-Based Economies

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Data Insights

Numbers, trends & sources behind this chart

Admin
Data Points
10
10 categories  ·  1 year
Top Value
92
Macao
Services Value Added (% of GDP) · 2024
Metrics
1
Services Value Added (% of GDP)
Period
2024
Single year snapshot

Category Rankings

Services Value Added (% of GDP) · 2024

# Category 2024
🥇 Macao 92
🥈 Hong Kong 91.50
🥉 Bermuda 91.30
4 Monaco 87.20
5 Cayman Islands 86.50
6 Malta 81.60
7 Luxembourg 81.20
8 Sao Tome and Principe 81.10
9 Andorra 77.60
10 Bahamas 77.20
Statistical Summary — Services Value Added (% of GDP) · 2024
92
Maximum
77.20
Minimum
85
Average
84
Median

What This Data Shows

Auto-generated trend summaries per category

Macao
Recorded 92 Services Value Added (% of GDP) in 2024.
Hong Kong
Recorded 91.50 Services Value Added (% of GDP) in 2024.
Bermuda
Recorded 91.30 Services Value Added (% of GDP) in 2024.
Monaco
Recorded 87.20 Services Value Added (% of GDP) in 2024.
Cayman Islands
Recorded 86.50 Services Value Added (% of GDP) in 2024.
Malta
Recorded 81.60 Services Value Added (% of GDP) in 2024.
Luxembourg
Recorded 81.20 Services Value Added (% of GDP) in 2024.
Sao Tome and Principe
Recorded 81.10 Services Value Added (% of GDP) in 2024.
Andorra
Recorded 77.60 Services Value Added (% of GDP) in 2024.
Bahamas
Recorded 77.20 Services Value Added (% of GDP) in 2024.

Full Data Table

10 records across 1 year

✓ 10 sourced
Category Metric 2024 Source
Macao Services Value Added (% of GDP) 92
Hong Kong Services Value Added (% of GDP) 91.50
Bermuda Services Value Added (% of GDP) 91.30
Monaco Services Value Added (% of GDP) 87.20
Cayman Islands Services Value Added (% of GDP) 86.50
Malta Services Value Added (% of GDP) 81.60
Luxembourg Services Value Added (% of GDP) 81.20
Sao Tome and Principe Services Value Added (% of GDP) 81.10
Andorra Services Value Added (% of GDP) 77.60
Bahamas Services Value Added (% of GDP) 77.20

Data Sources & References

All external sources cited in this dataset

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