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Czechia Services, value added (% of GDP)
What is Czechia's services, value added (% of gdp)? As of 2023, it's 59.7%, up from 54.6% in 2014.
| Label | Services, value added (% of GDP) |
|---|---|
| 2014 | 54.5981% |
| 2015 | 54.333% |
| 2016 | 54.8702% |
| 2017 | 55.6564% |
| 2018 | 57.0227% |
| 2019 | 57.8053% |
| 2020 | 59.5821% |
| 2021 | 60.8666% |
| 2022 | 59.7439% |
| 2023 | 59.6976% |
Data Source: World Bank and Wantstats Repository
Czechia Services, value added (% of GDP): Key Points
- By 2023, Czechia's services, value added came to 59.70 %, against 54.60 % in 2014 — around 9% up across the period.
- 2015-2017: sits at 55.66 %, near enough unchanged.
- 2018: jumps to 57.02 % (+2%).
- 2019: holds around 57.81 %.
- 2020-2021: works higher, reaching 60.87 % (+5%).
- 2023: The chart closes at 59.70 %. Over the full stretch from 2014, that's a 9.3% gain.
Reading This Chart The Right Way
No consistent direction here means no reliable forecast either. Whatever caused the last move up or down, it hasn't been strong enough to hold for long.
This kind of indicator is almost never measured continuously — it's estimated from periodic data collection, published and later revised by Czechia's statistical authority. Direction is the reliable part; individual years less so.
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