Services, value added in Japan
Japan: Services, value added was 3.36 trillion constant 2015 US$ in 2024. ▲ Rising
Services, value added in Japan, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, services, value added in Japan stood at 3.36 trillion constant 2015 US$. That is the highest value across all 31 years on record.
The figure 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 3.36 trillion constant 2015 US$ in 2024 and was at its lowest, 2.52 trillion constant 2015 US$, in 1994.
That places Japan 2nd out of 196 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added in Japan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1994 | 2.52 trillion constant 2015 US$ | — |
| 1995 | 2.59 trillion constant 2015 US$ | +2.6% |
| 1996 | 2.66 trillion constant 2015 US$ | +2.9% |
| 1997 | 2.71 trillion constant 2015 US$ | +1.8% |
| 1998 | 2.68 trillion constant 2015 US$ | -1.0% |
| 1999 | 2.69 trillion constant 2015 US$ | +0.1% |
| 2000 | 2.76 trillion constant 2015 US$ | +2.9% |
| 2001 | 2.82 trillion constant 2015 US$ | +1.9% |
| 2002 | 2.84 trillion constant 2015 US$ | +0.8% |
| 2003 | 2.88 trillion constant 2015 US$ | +1.5% |
| 2004 | 2.94 trillion constant 2015 US$ | +1.9% |
| 2005 | 2.98 trillion constant 2015 US$ | +1.6% |
| 2006 | 3.01 trillion constant 2015 US$ | +0.9% |
| 2007 | 3.04 trillion constant 2015 US$ | +1.0% |
| 2008 | 2.99 trillion constant 2015 US$ | -1.6% |
| 2009 | 2.90 trillion constant 2015 US$ | -3.1% |
| 2010 | 2.93 trillion constant 2015 US$ | +1.2% |
| 2011 | 2.97 trillion constant 2015 US$ | +1.2% |
| 2012 | 3.02 trillion constant 2015 US$ | +1.7% |
| 2013 | 3.09 trillion constant 2015 US$ | +2.4% |
| 2014 | 3.08 trillion constant 2015 US$ | -0.2% |
| 2015 | 3.14 trillion constant 2015 US$ | +1.8% |
| 2016 | 3.17 trillion constant 2015 US$ | +1.0% |
| 2017 | 3.21 trillion constant 2015 US$ | +1.3% |
| 2018 | 3.22 trillion constant 2015 US$ | +0.2% |
| 2019 | 3.22 trillion constant 2015 US$ | +0.1% |
| 2020 | 3.09 trillion constant 2015 US$ | -4.1% |
| 2021 | 3.19 trillion constant 2015 US$ | +3.5% |
| 2022 | 3.27 trillion constant 2015 US$ | +2.5% |
| 2023 | 3.33 trillion constant 2015 US$ | +1.7% |
| 2024 | 3.36 trillion constant 2015 US$ | +0.9% |
Japan compared with similar countries
- Japan's 3.36 trillion constant 2015 US$ is above the median for high income countries, which is 67.86 billion constant 2015 US$, 49.5× the median. (69 countries reporting)
- Japan's 3.36 trillion constant 2015 US$ is above the median for East Asia & Pacific, which is 14.44 billion constant 2015 US$, 232.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.64 trillion constant 2015 US$ | 2.52 trillion constant 2015 US$ | 2.71 trillion constant 2015 US$ | 6 |
| 2000s | 2.92 trillion constant 2015 US$ | 2.76 trillion constant 2015 US$ | 3.04 trillion constant 2015 US$ | 10 |
| 2010s | 3.10 trillion constant 2015 US$ | 2.93 trillion constant 2015 US$ | 3.22 trillion constant 2015 US$ | 10 |
| 2020s | 3.25 trillion constant 2015 US$ | 3.09 trillion constant 2015 US$ | 3.36 trillion constant 2015 US$ | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 217.76 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0491 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,765 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.81 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 142.69 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.44 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Japan?
- Services, value added in Japan was 3.36 trillion constant 2015 US$ 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 3.36 trillion constant 2015 US$ in 2024.
- What is the lowest services, value added recorded in Japan?
- The lowest recorded value was 2.52 trillion constant 2015 US$ in 1994.
- How does Japan rank for services, value added?
- Japan ranks 2nd out of 196 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 2015 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
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 defense, 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 is 2015. This indicator is expressed in United States dollars.