Services, value added in Japan

Japan: Services, value added was 420.61 trillion constant LCU in 2024. ▲ Rising

Latest (2024)
420.61 trillion constant LCU
Change on year
up 0.9%
World rank
6th
of 198 countries
All-time high
420.61 trillion constant LCU
in 2024
All-time low
316.05 trillion constant LCU
in 1994
Years of data
31
1994–2024

Services, value added in Japan, 1994–2024

0100.0T200.0T300.0T400.0T1994200920241994: 316.0T constant LCU1995: 324.2T constant LCU1996: 333.4T constant LCU1997: 339.5T constant LCU1998: 336.1T constant LCU1999: 336.5T constant LCU2000: 346.3T constant LCU2001: 352.8T constant LCU2002: 355.6T constant LCU2003: 361.0T constant LCU2004: 367.9T constant LCU2005: 373.9T constant LCU2006: 377.3T constant LCU2007: 380.9T constant LCU2008: 374.8T constant LCU2009: 363.0T constant LCU2010: 367.5T constant LCU2011: 371.8T constant LCU2012: 378.0T constant LCU2013: 387.0T constant LCU2014: 386.3T constant LCU2015: 393.2T constant LCU2016: 397.0T constant LCU2017: 402.2T constant LCU2018: 403.1T constant LCU2019: 403.4T constant LCU2020: 386.6T constant LCU2021: 400.3T constant LCU2022: 410.1T constant LCU2023: 416.9T constant LCU2024: 420.6T constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

The most recent figure for services, value added in Japan is 420.61 trillion constant LCU, measured in 2024. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 0.9% on the previous year and up 8.9% over ten years.

Over the whole period, services, value added in Japan peaked at 420.61 trillion constant LCU in 2024 and was at its lowest, 316.05 trillion constant LCU, in 1994.

That places Japan 6th out of 198 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 330.96 trillion constant LCU 316.05 trillion constant LCU 339.51 trillion constant LCU 6
2000s 365.35 trillion constant LCU 346.27 trillion constant LCU 380.91 trillion constant LCU 10
2010s 388.95 trillion constant LCU 367.48 trillion constant LCU 403.37 trillion constant LCU 10
2020s 406.92 trillion constant LCU 386.64 trillion constant LCU 420.61 trillion constant LCU 5

Countries ranked near Japan

  1. 3 Vietnam 3,010.14 trillion constant LCU compare
  2. 4 South Korea 1,347.27 trillion constant LCU compare
  3. 5 Colombia 635.60 trillion constant LCU compare
  4. 7 India 155.00 trillion constant LCU compare
  5. 8 Chile 134.03 trillion constant LCU compare
  6. 9 Paraguay 123.50 trillion constant LCU compare

See the full ranking of 198 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 420.61 trillion constant LCU 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 420.61 trillion constant LCU in 2024.
What is the lowest services, value added recorded in Japan?
The lowest recorded value was 316.05 trillion constant LCU in 1994.
How does Japan rank for services, value added?
Japan ranks 6th out of 198 countries with data for 2024.
Is services, value added rising or falling in Japan?
Over the last ten years it is up 8.9%. The long-run trend across the full record is rising.
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 (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 7,954 data points, 1960–2025
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.