Services, value added in Japan

Japan: Services, value added was 0.9% in 2024. ◆ Volatile

Latest (2024)
0.9%
Change on year
down 46.8%
World rank
169th
of 197 countries
All-time high
3.5%
in 2021
All-time low
-4.1%
in 2020
Years of data
30
1995–2024

Services, value added in Japan, 1995–2024

-4-20241995200920241995: 2.6 annual % growth1996: 2.9 annual % growth1997: 1.8 annual % growth1998: -1 annual % growth1999: 0.12 annual % growth2000: 2.9 annual % growth2001: 1.9 annual % growth2002: 0.79 annual % growth2003: 1.5 annual % growth2004: 1.9 annual % growth2005: 1.6 annual % growth2006: 0.917 annual % growth2007: 0.954 annual % growth2008: -1.6 annual % growth2009: -3.1 annual % growth2010: 1.2 annual % growth2011: 1.2 annual % growth2012: 1.7 annual % growth2013: 2.4 annual % growth2014: -0.174 annual % growth2015: 1.8 annual % growth2016: 0.961 annual % growth2017: 1.3 annual % growth2018: 0.217 annual % growth2019: 0.07 annual % growth2020: -4.1 annual % growth2021: 3.5 annual % growth2022: 2.5 annual % growth2023: 1.7 annual % growth2024: 0.884 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2024, services, value added in Japan stood at 0.9%.

That represents a change of down 46.8% on the previous year and up 609.2% over ten years.

Over the whole period, services, value added in Japan peaked at 3.5% in 2021 and was at its lowest, -4.1%, in 2020.

That places Japan 169th out of 197 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.3% -1.0% 2.9% 5
2000s 0.8% -3.1% 2.9% 10
2010s 1.1% -0.2% 2.4% 10
2020s 0.9% -4.1% 3.5% 5

Countries ranked near Japan

  1. 166 Austria 1.0% compare
  2. 167 Bolivia 0.9% compare
  3. 168 Belgium 0.9% compare
  4. 170 France 0.9% compare
  5. 171 Zambia 0.8% compare
  6. 172 Russia 0.8% compare

See the full ranking of 240 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is services, value added in Japan?
Services, value added in Japan was 0.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Japan?
The highest recorded value was 3.5% in 2021.
What is the lowest services, value added recorded in Japan?
The lowest recorded value was -4.1% in 2020.
How does Japan rank for services, value added?
Japan ranks 169th out of 197 countries with data for 2024.
Is services, value added rising or falling in Japan?
Over the last ten years it is up 609.2%. The long-run trend across the full record is volatile.
Where does this Japan data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.