Japan: Services value added
* indicates monthly or quarterly data series
Japan |
Services value added, billion USD |
---|---|
Latest value | 3,038.59 |
Year | 2022 |
Measure | billion U.S. dollars |
Data availability | 1994 - 2022 |
Average | 3,392.97 |
Min - Max | 2,660.00 - 4,500.24 |
Source | The World Bank |
The latest value from 2022 is 3038.59 billion U.S. dollars, a decline from 3480.42 billion U.S. dollars in 2021. In comparison, the world average is 232.49 billion U.S. dollars, based on data from 177 countries. Historically, the average for Japan from 1994 to 2022 is 3392.97 billion U.S. dollars. The minimum value, 2660 billion U.S. dollars, was reached in 1998 while the maximum of 4500.24 billion U.S. dollars was recorded in 2012.
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Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 26.92 | 2022 | percent |
Share of manufacturing | 19.23 | 2022 | percent |
Share of services | 71.39 | 2022 | percent |
Industry value added | 1,145.67 | 2022 | billion U.S. dollars |
Manufacturing value added | 818.40 | 2022 | billion U.S. dollars |
Services value added | 3,038.59 | 2022 | billion U.S. dollars |
Savings, percent of GDP | 28.45 | 2022 | percent |
Savings, in dollars | 1,210.82 | 2022 | billion U.S. dollars |