China vs United States: Services, value added
Services, value added over time
- China
- United States
How they compare
United States currently reports 18.09 trillion current US$ against 11.25 trillion current US$ in China, a difference of 6.84 trillion current US$.
That makes United States's figure about 1.6 times China's.
Across all 25 years both countries report, United States has been ahead every year.
China ranks 2nd and United States ranks 1st of 203 countries.
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.