China vs OECD members: Services, value added
Services, value added over time
- China
- OECD members
How they compare
OECD members currently reports 41.66 trillion current US$ against 11.25 trillion current US$ in China, a difference of 30.41 trillion current US$.
That makes OECD members's figure about 3.7 times China's.
Across all 25 years both countries report, OECD members has been ahead every year.
China ranks 2nd and OECD members ranks 3rd of 203 countries.
OECD members has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 387.96 billion current US$ | 17.30 trillion current US$ | 16.91 trillion current US$ | OECD members |
| 2000s | 1.14 trillion current US$ | 24.65 trillion current US$ | 23.51 trillion current US$ | OECD members |
| 2010s | 5.45 trillion current US$ | 34.70 trillion current US$ | 29.24 trillion current US$ | OECD members |
| 2020s | 9.15 trillion current US$ | 39.65 trillion current US$ | 30.49 trillion current US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, China or OECD members?
- OECD members, at 41.66 trillion current US$ against 11.25 trillion current US$ in China as of 2021.
- What is the difference in services, value added between China and OECD members?
- 30.41 trillion current US$, with OECD members ahead.
- How many years of comparable data are there for China and OECD members?
- 25 years are reported by both, from 1997 to 2021.
- How do China and OECD members rank globally for services, value added?
- China ranks 2nd and OECD members ranks 3rd of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.