Europe: value added in service sectors 1970-1999, by country

Across the EU's 15 largest economies in 1999, economic development was characterized by a significant increase in the share of services industries in the economy, as a wave of de-industrialization also took place. Overall, value added in services industries made up just over half of total value added in the EU15 in 1973, but this increased to almost 70 percent by the end of the century. The United Kingdom, which had fallen behind most other Western European economies in terms of industrial growth since the 1950s, saw the largest share of its total value added come from services, particularly financial services.

Value added in service industries in select European countries in 1970-3 and 1999 (as a share of total value added)

Characteristic	1970-3	1999
(West) Germany	50%	68.9%
Sweden	58.3%	69.6%
Total EU 15	52.2%	69.6%
Netherlands	55.7%	71.3%
Belgium	52.1%	72.1%
France	55.3%	72.8%
United Kingdom	63.5%	73.2%

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Release date

2006

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Region

Europe, EU

Survey time period

1970 to 1999

Supplementary notes

Not to be confused with value-added services (VAS); i.e. non-essential services that add value to a product or service, most commonly used in the telecommunications industry.

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