Services, value added in Japan
Japan: Services, value added was 420.61 trillion constant LCU in 2024. ▲ Rising
Services, value added in Japan, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Japan is 420.61 trillion constant LCU, measured in 2024. That is the highest value across all 31 years on record.
Compared with earlier readings it 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 420.61 trillion constant LCU in 2024 and was at its lowest, 316.05 trillion constant LCU, in 1994.
That places Japan 6th out of 199 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 LCU | Change |
|---|---|---|
| 1994 | 316.05 trillion constant LCU | — |
| 1995 | 324.16 trillion constant LCU | +2.6% |
| 1996 | 333.44 trillion constant LCU | +2.9% |
| 1997 | 339.51 trillion constant LCU | +1.8% |
| 1998 | 336.10 trillion constant LCU | -1.0% |
| 1999 | 336.50 trillion constant LCU | +0.1% |
| 2000 | 346.27 trillion constant LCU | +2.9% |
| 2001 | 352.84 trillion constant LCU | +1.9% |
| 2002 | 355.62 trillion constant LCU | +0.8% |
| 2003 | 361.03 trillion constant LCU | +1.5% |
| 2004 | 367.88 trillion constant LCU | +1.9% |
| 2005 | 373.88 trillion constant LCU | +1.6% |
| 2006 | 377.31 trillion constant LCU | +0.9% |
| 2007 | 380.91 trillion constant LCU | +1.0% |
| 2008 | 374.79 trillion constant LCU | -1.6% |
| 2009 | 363.00 trillion constant LCU | -3.1% |
| 2010 | 367.48 trillion constant LCU | +1.2% |
| 2011 | 371.82 trillion constant LCU | +1.2% |
| 2012 | 378.02 trillion constant LCU | +1.7% |
| 2013 | 386.99 trillion constant LCU | +2.4% |
| 2014 | 386.32 trillion constant LCU | -0.2% |
| 2015 | 393.23 trillion constant LCU | +1.8% |
| 2016 | 397.00 trillion constant LCU | +1.0% |
| 2017 | 402.21 trillion constant LCU | +1.3% |
| 2018 | 403.08 trillion constant LCU | +0.2% |
| 2019 | 403.37 trillion constant LCU | +0.1% |
| 2020 | 386.64 trillion constant LCU | -4.1% |
| 2021 | 400.29 trillion constant LCU | +3.5% |
| 2022 | 410.11 trillion constant LCU | +2.5% |
| 2023 | 416.93 trillion constant LCU | +1.7% |
| 2024 | 420.61 trillion constant LCU | +0.9% |
Japan compared with similar countries
- Japan's 420.61 trillion constant LCU is above the median for high income countries, which is 203.18 billion constant LCU, 2070.2× the median. (70 countries reporting)
- Japan's 420.61 trillion constant LCU is above the median for East Asia & Pacific, which is 409.12 billion constant LCU, 1028.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 330.96 trillion constant LCU | 316.05 trillion constant LCU | 339.51 trillion constant LCU | 6 |
| 2000s | 365.35 trillion constant LCU | 346.27 trillion constant LCU | 380.91 trillion constant LCU | 10 |
| 2010s | 388.95 trillion constant LCU | 367.48 trillion constant LCU | 403.37 trillion constant LCU | 10 |
| 2020s | 406.92 trillion constant LCU | 386.64 trillion constant LCU | 420.61 trillion constant LCU | 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 420.61 trillion constant LCU 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 420.61 trillion constant LCU in 2024.
- What is the lowest services, value added recorded in Japan?
- The lowest recorded value was 316.05 trillion constant LCU in 1994.
- How does Japan rank for services, value added?
- Japan ranks 6th out of 199 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 LCU). Statizoid updates them automatically from the source API.
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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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.