Services, value added in Japan

Japan: Services, value added was 2.99 trillion current US$ in 2024. ▲ Rising

Latest (2024)
2.99 trillion current US$
Change on year
down 3.6%
World rank
4th
of 205 countries
All-time high
4.51 trillion current US$
in 2012
All-time low
2.70 trillion current US$
in 1998
Years of data
31
1994–2024

Services, value added in Japan, 1994–2024

01.0T2.0T3.0T4.0T5.0T1994200920241994: 3.2T current US$1995: 3.6T current US$1996: 3.2T current US$1997: 2.9T current US$1998: 2.7T current US$1999: 3.1T current US$2000: 3.3T current US$2001: 3.0T current US$2002: 2.9T current US$2003: 3.1T current US$2004: 3.4T current US$2005: 3.4T current US$2006: 3.2T current US$2007: 3.2T current US$2008: 3.6T current US$2009: 3.8T current US$2010: 4.1T current US$2011: 4.5T current US$2012: 4.5T current US$2013: 3.8T current US$2014: 3.5T current US$2015: 3.1T current US$2016: 3.5T current US$2017: 3.5T current US$2018: 3.6T current US$2019: 3.6T current US$2020: 3.6T current US$2021: 3.7T current US$2022: 3.2T current US$2023: 3.1T current US$2024: 3.0T current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2024, services, value added in Japan stood at 2.99 trillion current US$.

The figure is down 3.6% on the previous year and down 14.5% over ten years.

Over the whole period, services, value added in Japan peaked at 4.51 trillion current US$ in 2012 and was at its lowest, 2.70 trillion current US$, in 1998.

Japan ranks 4th of 205 countries on this measure, 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 3.12 trillion current US$ 2.70 trillion current US$ 3.59 trillion current US$ 6
2000s 3.29 trillion current US$ 2.90 trillion current US$ 3.79 trillion current US$ 10
2010s 3.77 trillion current US$ 3.14 trillion current US$ 4.51 trillion current US$ 10
2020s 3.31 trillion current US$ 2.99 trillion current US$ 3.66 trillion current US$ 5

Countries ranked near Japan

  1. 1 United States 18.09 trillion current US$ compare
  2. 2 China 11.25 trillion current US$ compare
  3. 3 Germany 3.26 trillion current US$ compare
  4. 5 United Kingdom 2.93 trillion current US$ compare
  5. 6 France 2.39 trillion current US$ compare
  6. 7 India 1.95 trillion current US$ compare

See the full ranking of 252 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 2.99 trillion current US$ 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 4.51 trillion current US$ in 2012.
What is the lowest services, value added recorded in Japan?
The lowest recorded value was 2.70 trillion current US$ in 1998.
How does Japan rank for services, value added?
Japan ranks 4th out of 205 countries with data for 2024.
Is services, value added rising or falling in Japan?
Over the last ten years it is down 14.5%. 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 (current US$). 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 (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.