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The World Economy by Sector Over Time

World value added by sector as a share of GDP, %

Services: 63.3% in 2024the highest since 2021−2.1 pp since 1995

1 of 4 series is above their level a year earlier·3 of 4 are at a five-year low

Plays the chart through its history. Pauses are where the data set a record or moved most.

World Bank, World Development Indicators (CC BY 4.0): gross value added by sector as a share of GDP. The U.S. shares are Palanor’s calculation from BEA GDP by Industry, because the World Bank’s U.S. series stops in 2021. Manufacturing is part of industry.

The long shift of the world economy toward services, and manufacturing’s slowly shrinking share of global output.

What this chart reads

Sources

World · Services Value Added · % of GDP. Source: World Bank, World Development Indicators, NV.SRV.TOTL.ZS (World Bank and OECD national accounts data): https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. License: CC BY 4.0 (indicator metadata License_Type "CC BY-4.0", checked 2026-10-21). Read monthly.

World · Industry (incl. Construction) Value Added · % of GDP. Source: World Bank, World Development Indicators, NV.IND.TOTL.ZS (World Bank and OECD national accounts data): https://data.worldbank.org/indicator/NV.IND.TOTL.ZS. License: CC BY 4.0 (indicator metadata License_Type "CC BY-4.0", checked 2026-10-21). Read monthly.

World · Manufacturing Value Added · % of GDP. Source: World Bank, World Development Indicators, indicator NV.IND.MANF.ZS ("Manufacturing, value added (% of GDP)"), from national statistical offices, central banks and World Bank staff estimates: https://data.worldbank.org/indicator/NV.IND.MANF.ZS. Licence: CC BY 4.0 (the indicator's WDI License_Type). Aggregates are the World Bank's weighted averages. WDI marks some missing years as 0; Palanor drops those, and otherwise stores the World Bank's values unchanged. Palanor reads it with.

World · Agriculture, Forestry and Fishing Value Added · % of GDP. Source: World Bank, World Development Indicators, NV.AGR.TOTL.ZS (World Bank and OECD national accounts data): https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS. License: CC BY 4.0 (indicator metadata License_Type "CC BY-4.0", checked 2026-10-21). Read monthly.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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