Services Share of GDP by Country 2024

About This Dataset

Services Share of GDP by Country 2024
This chart ranks countries by services value added as a share of GDP in 2024. 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.

Services Share of GDP by Country 2024

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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

Rankings & Full Data

10 records · Services Value Added (% of GDP) · ranked by 2024

✓ 10 sourced
# Category 2024 Source
🥇 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

Data Sources & References

All external sources cited in this dataset

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