Wetland contributes uncountable ecosystem services and goods to humans as well as other organisms. It is considered the nursery of life due to its unique features. It provides several services such as provisional, regulating, cultural, and supportive services. Despite numerous benefits, it is degrading day by day due to direct and indirect impacts such as anthropogenic factors, conversion of land into agricultural land, etc. Studies carried out in the last 10 years of originally published papers were examined. We reviewed about 75 papers and critically analyzed 19 papers for the estimation of economic value and land use/ cover change of wetlands. It has been estimated that an average of 80% of wetland areas were reduced and used for other purposes. It is estimated that the value of the wetland ecosystem services from both human-made and natural inland wetlands is 6467.21 USD ha/year and 1130.74 USD ha/year respectively. The evaluated data of this paper will provide an effective context about wetland ecosystem services to the researchers and government authorities for the sustainable use of wetlands and their conservation importance.