China - Services

Services, value added per worker (constant 2010 US$)

The latest value for Services, value added per worker (constant 2010 US$) in China was 21,527 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 21,527 in 2019 and 4,401 in 1991.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 4,401
1992 4,653
1993 4,804
1994 4,862
1995 4,905
1996 5,024
1997 5,406
1998 5,746
1999 6,180
2000 6,559
2001 7,178
2002 7,647
2003 8,130
2004 8,491
2005 9,237
2006 10,211
2007 11,717
2008 12,635
2009 13,472
2010 14,523
2011 15,352
2012 16,359
2013 16,563
2014 16,976
2015 17,728
2016 18,568
2017 19,450
2018 20,690
2019 21,527

Services, value added (current US$)

The latest value for Services, value added (current US$) in China was $8,027,720,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $8,027,720,000,000 in 2020 and $13,725,730,000 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 and import duties. 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 $19,367,940,000
1961 $16,154,850,000
1962 $14,018,200,000
1963 $13,725,730,000
1964 $15,907,060,000
1965 $19,270,450,000
1966 $19,136,400,000
1967 $19,172,960,000
1968 $19,307,010,000
1969 $21,569,580,000
1970 $23,084,730,000
1971 $24,396,780,000
1972 $28,208,100,000
1973 $33,598,070,000
1974 $34,810,320,000
1975 $37,079,260,000
1976 $34,799,630,000
1977 $42,528,800,000
1978 $36,793,700,000
1979 $39,832,510,000
1980 $42,642,280,000
1981 $44,489,220,000
1982 $46,337,330,000
1983 $53,526,830,000
1984 $66,362,560,000
1985 $90,845,010,000
1986 $89,767,490,000
1987 $82,876,660,000
1988 $97,572,320,000
1989 $114,389,000,000
1990 $116,856,000,000
1991 $132,182,000,000
1992 $151,793,000,000
1993 $153,503,000,000
1994 $193,917,000,000
1995 $247,197,000,000
1996 $289,962,000,000
1997 $336,616,000,000
1998 $381,192,000,000
1999 $422,013,000,000
2000 $481,967,000,000
2001 $552,141,000,000
2002 $621,277,000,000
2003 $697,789,000,000
2004 $805,273,000,000
2005 $944,925,000,000
2006 $1,150,850,000,000
2007 $1,522,020,000,000
2008 $1,969,110,000,000
2009 $2,265,500,000,000
2010 $2,689,130,000,000
2011 $3,344,790,000,000
2012 $3,879,030,000,000
2013 $4,486,640,000,000
2014 $5,056,710,000,000
2015 $5,616,130,000,000
2016 $5,881,980,000,000
2017 $6,485,710,000,000
2018 $7,401,760,000,000
2019 $7,749,570,000,000
2020 $8,027,720,000,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in China was 55,397,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 55,397,700,000,000 in 2020 and a minimum value of 33,790,000,000 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 and import duties. 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 47,680,000,000
1961 39,770,000,000
1962 34,510,000,000
1963 33,790,000,000
1964 39,160,000,000
1965 47,440,000,000
1966 47,110,000,000
1967 47,200,000,000
1968 47,530,000,000
1969 53,100,000,000
1970 56,830,000,000
1971 60,060,000,000
1972 63,330,000,000
1973 66,840,000,000
1974 68,270,000,000
1975 68,960,000,000
1976 67,560,000,000
1977 79,010,000,000
1978 90,512,490,000
1979 91,614,780,000
1980 102,341,000,000
1981 112,113,000,000
1982 121,404,000,000
1983 139,705,000,000
1984 185,815,000,000
1985 267,084,000,000
1986 309,698,000,000
1987 369,630,000,000
1988 474,201,000,000
1989 565,083,000,000
1990 611,156,000,000
1991 758,722,000,000
1992 966,923,000,000
1993 1,231,300,000,000
1994 1,671,310,000,000
1995 2,064,270,000,000
1996 2,410,800,000,000
1997 2,790,480,000,000
1998 3,155,930,000,000
1999 3,493,550,000,000
2000 3,989,910,000,000
2001 4,570,120,000,000
2002 5,142,310,000,000
2003 5,775,600,000,000
2004 6,665,090,000,000
2005 7,743,000,000,000
2006 9,176,220,000,000
2007 11,578,800,000,000
2008 13,682,800,000,000
2009 15,476,500,000,000
2010 18,206,200,000,000
2011 21,612,400,000,000
2012 24,485,600,000,000
2013 27,798,400,000,000
2014 31,065,400,000,000
2015 34,974,500,000,000
2016 39,082,800,000,000
2017 43,835,600,000,000
2018 48,970,100,000,000
2019 53,537,100,000,000
2020 55,397,700,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in China was 7,765,900,000,000 as of 2020. Over the past 42 years, the value for this indicator has fluctuated between 7,765,900,000,000 in 2020 and 133,648,000,000 in 1978.

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 or 4. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1978 133,648,000,000
1979 144,135,000,000
1980 152,872,000,000
1981 167,526,000,000
1982 188,723,000,000
1983 216,340,000,000
1984 258,274,000,000
1985 305,057,000,000
1986 342,633,000,000
1987 392,937,000,000
1988 444,693,000,000
1989 470,655,000,000
1990 483,216,000,000
1991 527,692,000,000
1992 594,183,000,000
1993 666,494,000,000
1994 742,264,000,000
1995 817,105,000,000
1996 892,406,000,000
1997 985,495,000,000
1998 1,068,300,000,000
1999 1,167,110,000,000
2000 1,281,210,000,000
2001 1,412,650,000,000
2002 1,560,780,000,000
2003 1,709,670,000,000
2004 1,882,690,000,000
2005 2,115,350,000,000
2006 2,414,340,000,000
2007 2,802,360,000,000
2008 3,095,930,000,000
2009 3,392,730,000,000
2010 3,720,770,000,000
2011 4,073,800,000,000
2012 4,400,280,000,000
2013 4,765,470,000,000
2014 5,162,990,000,000
2015 5,616,130,000,000
2016 6,070,820,000,000
2017 6,572,860,000,000
2018 7,097,610,000,000
2019 7,607,260,000,000
2020 7,765,900,000,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in China was 2.09 as of 2020. As the graph below shows, over the past 41 years this indicator reached a maximum value of 19.38 in 1984 and a minimum value of 2.09 in 2020.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 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 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1979 7.85
1980 6.06
1981 9.59
1982 12.65
1983 14.63
1984 19.38
1985 18.11
1986 12.32
1987 14.68
1988 13.17
1989 5.84
1990 2.67
1991 9.20
1992 12.60
1993 12.17
1994 11.37
1995 10.08
1996 9.22
1997 10.43
1998 8.40
1999 9.25
2000 9.78
2001 10.26
2002 10.49
2003 9.54
2004 10.12
2005 12.36
2006 14.13
2007 16.07
2008 10.48
2009 9.59
2010 9.67
2011 9.49
2012 8.01
2013 8.30
2014 8.34
2015 8.78
2016 8.10
2017 8.27
2018 7.98
2019 7.18
2020 2.09

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in China was 48,362,200,000,000 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 48,362,200,000,000 in 2020 and a minimum value of 832,295,000,000 in 1978.

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 and import duties. 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
1978 832,295,000,000
1979 897,599,000,000
1980 952,009,000,000
1981 1,043,270,000,000
1982 1,175,270,000,000
1983 1,347,260,000,000
1984 1,608,400,000,000
1985 1,899,740,000,000
1986 2,133,750,000,000
1987 2,447,020,000,000
1988 2,769,330,000,000
1989 2,931,000,000,000
1990 3,009,230,000,000
1991 3,286,200,000,000
1992 3,700,270,000,000
1993 4,150,590,000,000
1994 4,622,450,000,000
1995 5,088,520,000,000
1996 5,557,460,000,000
1997 6,137,170,000,000
1998 6,652,830,000,000
1999 7,268,160,000,000
2000 7,978,720,000,000
2001 8,797,280,000,000
2002 9,719,730,000,000
2003 10,647,000,000,000
2004 11,724,500,000,000
2005 13,173,400,000,000
2006 15,035,300,000,000
2007 17,451,700,000,000
2008 19,279,900,000,000
2009 21,128,200,000,000
2010 23,171,100,000,000
2011 25,369,600,000,000
2012 27,402,700,000,000
2013 29,676,900,000,000
2014 32,152,500,000,000
2015 34,974,500,000,000
2016 37,806,000,000,000
2017 40,932,500,000,000
2018 44,200,300,000,000
2019 47,374,200,000,000
2020 48,362,200,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in China was 54.53 as of 2020. Its highest value over the past 60 years was 54.53 in 2020, while its lowest value was 22.31 in 1980.

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 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 32.43
1961 32.27
1962 29.69
1963 27.07
1964 26.64
1965 27.36
1966 24.94
1967 26.31
1968 27.25
1969 27.06
1970 24.93
1971 24.45
1972 24.81
1973 24.25
1974 24.14
1975 22.69
1976 22.61
1977 24.31
1978 24.60
1979 22.34
1980 22.31
1981 22.71
1982 22.59
1983 23.20
1984 25.53
1985 29.35
1986 29.85
1987 30.36
1988 31.24
1989 32.89
1990 32.38
1991 34.48
1992 35.56
1993 34.52
1994 34.36
1995 33.65
1996 33.57
1997 35.01
1998 37.04
1999 38.58
2000 39.79
2001 41.22
2002 42.25
2003 42.03
2004 41.18
2005 41.34
2006 41.82
2007 42.87
2008 42.86
2009 44.41
2010 44.18
2011 44.29
2012 45.46
2013 46.88
2014 48.27
2015 50.77
2016 52.36
2017 52.68
2018 53.27
2019 54.27
2020 54.53

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts