China - Services
Services, etc., value added (current US$)
The latest value for Services, etc., value added (current US$) in China was $4,981,580,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $4,981,580,000,000 in 2014 and $13,331,660,000 in 1963.
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. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $19,014,470,000 |
| 1961 | $15,842,010,000 |
| 1962 | $13,685,060,000 |
| 1963 | $13,331,660,000 |
| 1964 | $15,496,730,000 |
| 1965 | $18,799,250,000 |
| 1966 | $18,535,220,000 |
| 1967 | $18,559,590,000 |
| 1968 | $18,665,200,000 |
| 1969 | $20,822,160,000 |
| 1970 | $22,227,640,000 |
| 1971 | $23,450,320,000 |
| 1972 | $27,014,390,000 |
| 1973 | $32,190,610,000 |
| 1974 | $33,280,650,000 |
| 1975 | $35,256,480,000 |
| 1976 | $32,940,140,000 |
| 1977 | $40,408,010,000 |
| 1978 | $36,414,630,000 |
| 1979 | $39,365,220,000 |
| 1980 | $42,150,000,000 |
| 1981 | $44,000,000,000 |
| 1982 | $45,835,880,000 |
| 1983 | $52,957,860,000 |
| 1984 | $65,753,570,000 |
| 1985 | $90,190,470,000 |
| 1986 | $89,127,530,000 |
| 1987 | $82,345,290,000 |
| 1988 | $97,037,030,000 |
| 1989 | $113,798,000,000 |
| 1990 | $116,239,000,000 |
| 1991 | $131,554,000,000 |
| 1992 | $151,144,000,000 |
| 1993 | $152,894,000,000 |
| 1994 | $193,239,000,000 |
| 1995 | $246,370,000,000 |
| 1996 | $289,008,000,000 |
| 1997 | $335,483,000,000 |
| 1998 | $379,954,000,000 |
| 1999 | $420,521,000,000 |
| 2000 | $479,973,000,000 |
| 2001 | $549,796,000,000 |
| 2002 | $618,449,000,000 |
| 2003 | $694,401,000,000 |
| 2004 | $800,826,000,000 |
| 2005 | $939,249,000,000 |
| 2006 | $1,143,550,000,000 |
| 2007 | $1,512,860,000,000 |
| 2008 | $1,955,860,000,000 |
| 2009 | $2,248,810,000,000 |
| 2010 | $2,669,650,000,000 |
| 2011 | $3,320,900,000,000 |
| 2012 | $3,850,100,000,000 |
| 2013 | $4,452,810,000,000 |
| 2014 | $4,981,580,000,000 |
Services, etc., value added (current LCU)
The value for Services, etc., value added (current LCU) in China was 30,603,800,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 30,603,800,000,000 in 2014 and a minimum value of 32,820,000,000 in 1963.
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. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 46,810,000,000 |
| 1961 | 39,000,000,000 |
| 1962 | 33,690,000,000 |
| 1963 | 32,820,000,000 |
| 1964 | 38,150,000,000 |
| 1965 | 46,280,000,000 |
| 1966 | 45,630,000,000 |
| 1967 | 45,690,000,000 |
| 1968 | 45,950,000,000 |
| 1969 | 51,260,000,000 |
| 1970 | 54,720,000,000 |
| 1971 | 57,730,000,000 |
| 1972 | 60,650,000,000 |
| 1973 | 64,040,000,000 |
| 1974 | 65,270,000,000 |
| 1975 | 65,570,000,000 |
| 1976 | 63,950,000,000 |
| 1977 | 75,070,000,000 |
| 1978 | 89,580,000,000 |
| 1979 | 90,540,000,000 |
| 1980 | 101,160,000,000 |
| 1981 | 110,880,000,000 |
| 1982 | 120,090,000,000 |
| 1983 | 138,220,000,000 |
| 1984 | 184,110,000,000 |
| 1985 | 265,160,000,000 |
| 1986 | 307,490,000,000 |
| 1987 | 367,260,000,000 |
| 1988 | 471,600,000,000 |
| 1989 | 562,160,000,000 |
| 1990 | 607,930,000,000 |
| 1991 | 755,120,000,000 |
| 1992 | 962,790,000,000 |
| 1993 | 1,226,410,000,000 |
| 1994 | 1,665,470,000,000 |
| 1995 | 2,057,360,000,000 |
| 1996 | 2,402,870,000,000 |
| 1997 | 2,781,090,000,000 |
| 1998 | 3,145,680,000,000 |
| 1999 | 3,481,200,000,000 |
| 2000 | 3,973,410,000,000 |
| 2001 | 4,550,720,000,000 |
| 2002 | 5,118,900,000,000 |
| 2003 | 5,747,560,000,000 |
| 2004 | 6,628,280,000,000 |
| 2005 | 7,696,490,000,000 |
| 2006 | 9,118,010,000,000 |
| 2007 | 11,509,100,000,000 |
| 2008 | 13,590,700,000,000 |
| 2009 | 15,362,500,000,000 |
| 2010 | 18,074,300,000,000 |
| 2011 | 21,458,000,000,000 |
| 2012 | 24,303,000,000,000 |
| 2013 | 27,588,700,000,000 |
| 2014 | 30,603,800,000,000 |
Services, etc., value added (constant 2005 US$)
The latest value for Services, etc., value added (constant 2005 US$) in China was 2,277,180,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between 2,277,180,000,000 in 2014 and 22,076,390,000 in 1962.
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. Data are in constant 2005 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 32,723,020,000 |
| 1961 | 24,313,200,000 |
| 1962 | 22,076,390,000 |
| 1963 | 23,047,750,000 |
| 1964 | 26,620,150,000 |
| 1965 | 30,826,130,000 |
| 1966 | 30,271,260,000 |
| 1967 | 30,422,620,000 |
| 1968 | 30,605,150,000 |
| 1969 | 34,675,640,000 |
| 1970 | 37,137,610,000 |
| 1971 | 39,291,590,000 |
| 1972 | 41,256,170,000 |
| 1973 | 43,525,260,000 |
| 1974 | 44,221,670,000 |
| 1975 | 46,388,530,000 |
| 1976 | 46,574,080,000 |
| 1977 | 50,998,620,000 |
| 1978 | 59,046,290,000 |
| 1979 | 63,651,890,000 |
| 1980 | 67,548,950,000 |
| 1981 | 74,044,040,000 |
| 1982 | 83,491,450,000 |
| 1983 | 95,714,030,000 |
| 1984 | 114,373,000,000 |
| 1985 | 135,216,000,000 |
| 1986 | 151,926,000,000 |
| 1987 | 174,364,000,000 |
| 1988 | 197,510,000,000 |
| 1989 | 209,083,000,000 |
| 1990 | 214,633,000,000 |
| 1991 | 234,414,000,000 |
| 1992 | 264,055,000,000 |
| 1993 | 296,294,000,000 |
| 1994 | 330,187,000,000 |
| 1995 | 363,548,000,000 |
| 1996 | 397,027,000,000 |
| 1997 | 438,419,000,000 |
| 1998 | 475,264,000,000 |
| 1999 | 519,076,000,000 |
| 2000 | 569,560,000,000 |
| 2001 | 627,839,000,000 |
| 2002 | 693,499,000,000 |
| 2003 | 759,571,000,000 |
| 2004 | 836,213,000,000 |
| 2005 | 939,249,000,000 |
| 2006 | 1,071,870,000,000 |
| 2007 | 1,243,990,000,000 |
| 2008 | 1,374,070,000,000 |
| 2009 | 1,504,150,000,000 |
| 2010 | 1,649,810,000,000 |
| 2011 | 1,806,640,000,000 |
| 2012 | 1,950,480,000,000 |
| 2013 | 2,111,500,000,000 |
| 2014 | 2,277,180,000,000 |
Services, etc., value added (annual % growth)
The value for Services, etc., value added (annual % growth) in China was 7.85 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 19.49 in 1984 and a minimum value of -25.70 in 1961.
Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. 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.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | -25.70 |
| 1962 | -9.20 |
| 1963 | 4.40 |
| 1964 | 15.50 |
| 1965 | 15.80 |
| 1966 | -1.80 |
| 1967 | 0.50 |
| 1968 | 0.60 |
| 1969 | 13.30 |
| 1970 | 7.10 |
| 1971 | 5.80 |
| 1972 | 5.00 |
| 1973 | 5.50 |
| 1974 | 1.60 |
| 1975 | 4.90 |
| 1976 | 0.40 |
| 1977 | 9.50 |
| 1978 | 15.78 |
| 1979 | 7.80 |
| 1980 | 6.12 |
| 1981 | 9.62 |
| 1982 | 12.76 |
| 1983 | 14.64 |
| 1984 | 19.49 |
| 1985 | 18.22 |
| 1986 | 12.36 |
| 1987 | 14.77 |
| 1988 | 13.27 |
| 1989 | 5.86 |
| 1990 | 2.65 |
| 1991 | 9.22 |
| 1992 | 12.64 |
| 1993 | 12.21 |
| 1994 | 11.44 |
| 1995 | 10.10 |
| 1996 | 9.21 |
| 1997 | 10.43 |
| 1998 | 8.40 |
| 1999 | 9.22 |
| 2000 | 9.73 |
| 2001 | 10.23 |
| 2002 | 10.46 |
| 2003 | 9.53 |
| 2004 | 10.09 |
| 2005 | 12.32 |
| 2006 | 14.12 |
| 2007 | 16.06 |
| 2008 | 10.46 |
| 2009 | 9.47 |
| 2010 | 9.68 |
| 2011 | 9.51 |
| 2012 | 7.96 |
| 2013 | 8.26 |
| 2014 | 7.85 |
Services, etc., value added (constant LCU)
The value for Services, etc., value added (constant LCU) in China was 15,886,200,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 15,886,200,000,000 in 2014 and a minimum value of 154,011,000,000 in 1962.
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. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 228,285,000,000 |
| 1961 | 169,616,000,000 |
| 1962 | 154,011,000,000 |
| 1963 | 160,787,000,000 |
| 1964 | 185,709,000,000 |
| 1965 | 215,052,000,000 |
| 1966 | 211,181,000,000 |
| 1967 | 212,237,000,000 |
| 1968 | 213,510,000,000 |
| 1969 | 241,907,000,000 |
| 1970 | 259,082,000,000 |
| 1971 | 274,109,000,000 |
| 1972 | 287,814,000,000 |
| 1973 | 303,644,000,000 |
| 1974 | 308,502,000,000 |
| 1975 | 323,619,000,000 |
| 1976 | 324,914,000,000 |
| 1977 | 355,780,000,000 |
| 1978 | 411,923,000,000 |
| 1979 | 444,053,000,000 |
| 1980 | 471,240,000,000 |
| 1981 | 516,552,000,000 |
| 1982 | 582,459,000,000 |
| 1983 | 667,727,000,000 |
| 1984 | 797,895,000,000 |
| 1985 | 943,304,000,000 |
| 1986 | 1,059,880,000,000 |
| 1987 | 1,216,410,000,000 |
| 1988 | 1,377,880,000,000 |
| 1989 | 1,458,620,000,000 |
| 1990 | 1,497,340,000,000 |
| 1991 | 1,635,330,000,000 |
| 1992 | 1,842,120,000,000 |
| 1993 | 2,067,030,000,000 |
| 1994 | 2,303,470,000,000 |
| 1995 | 2,536,210,000,000 |
| 1996 | 2,769,770,000,000 |
| 1997 | 3,058,530,000,000 |
| 1998 | 3,315,570,000,000 |
| 1999 | 3,621,220,000,000 |
| 2000 | 3,973,410,000,000 |
| 2001 | 4,379,980,000,000 |
| 2002 | 4,838,040,000,000 |
| 2003 | 5,298,980,000,000 |
| 2004 | 5,833,650,000,000 |
| 2005 | 6,552,460,000,000 |
| 2006 | 7,477,640,000,000 |
| 2007 | 8,678,400,000,000 |
| 2008 | 9,585,859,000,000 |
| 2009 | 10,493,300,000,000 |
| 2010 | 11,509,500,000,000 |
| 2011 | 12,603,600,000,000 |
| 2012 | 13,607,100,000,000 |
| 2013 | 14,730,400,000,000 |
| 2014 | 15,886,200,000,000 |
Services, etc., value added (% of GDP)
Services, etc., value added (% of GDP) in China was 48.11 as of 2014. Its highest value over the past 54 years was 48.11 in 2014, while its lowest value was 21.72 in 1976.
Definition: Services correspond to ISIC divisions 50-99 and 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 32.13 |
| 1961 | 31.97 |
| 1962 | 29.31 |
| 1963 | 26.61 |
| 1964 | 26.24 |
| 1965 | 26.97 |
| 1966 | 24.43 |
| 1967 | 25.76 |
| 1968 | 26.67 |
| 1969 | 26.45 |
| 1970 | 24.29 |
| 1971 | 23.79 |
| 1972 | 24.09 |
| 1973 | 23.54 |
| 1974 | 23.40 |
| 1975 | 21.88 |
| 1976 | 21.72 |
| 1977 | 23.45 |
| 1978 | 24.54 |
| 1979 | 22.26 |
| 1980 | 22.23 |
| 1981 | 22.64 |
| 1982 | 22.52 |
| 1983 | 23.13 |
| 1984 | 25.48 |
| 1985 | 29.33 |
| 1986 | 29.83 |
| 1987 | 30.35 |
| 1988 | 31.23 |
| 1989 | 32.89 |
| 1990 | 32.38 |
| 1991 | 34.49 |
| 1992 | 35.57 |
| 1993 | 34.52 |
| 1994 | 34.37 |
| 1995 | 33.66 |
| 1996 | 33.57 |
| 1997 | 35.01 |
| 1998 | 37.06 |
| 1999 | 38.60 |
| 2000 | 39.82 |
| 2001 | 41.27 |
| 2002 | 42.30 |
| 2003 | 42.09 |
| 2004 | 41.24 |
| 2005 | 41.40 |
| 2006 | 41.89 |
| 2007 | 42.94 |
| 2008 | 42.91 |
| 2009 | 44.45 |
| 2010 | 44.20 |
| 2011 | 44.32 |
| 2012 | 45.50 |
| 2013 | 46.92 |
| 2014 | 48.11 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
