{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"jp-services-value-added-gdp","url":"https://apiardata.com/statistics/jp-services-value-added-gdp","html_url":"https://apiardata.com/statistics/jp-services-value-added-gdp/","title":"Japan Services Value Added (% of GDP) (2024)","description":"Japan's Services Value Added (% of GDP): 71.4 % of GDP in 2024, +0.6pp YoY. World Bank (NV.SRV.TOTL.ZS), 1994–2024.","domain":"macro","category":"Economy & Macro","keywords":["Economy & Macro","World Bank","Japan","2024"],"publisher":"World Bank","frequency":"Annual","geography":"Japan","temporal_coverage":"1994/2024","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2024","variable_measured":"Japan Services Value Added (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS?locations=JP"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1994–2024"},{"label":"Observations","value":"31"},{"label":"Geography","value":"Japan"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Japan (2024)","value":"71.4","unit":"% of GDP","trend":{"direction":"up","value":"+0.6pp YoY"}},{"label":"YoY Change","value":"+0.6pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"31","unit":"years of data"}],"series":[{"key":"value","label":"Japan Services Value Added (% of GDP)"}],"observation_count":31,"observations":[{"period":"1994","value":63.2891046553688},{"period":"1995","value":63.6501080565061},{"period":"1996","value":63.5402915156842},{"period":"1997","value":64.3065172046508},{"period":"1998","value":65.1135644132935},{"period":"1999","value":65.9021009082261},{"period":"2000","value":66.0849901397658},{"period":"2001","value":67.3311068334366},{"period":"2002","value":68.2281887665978},{"period":"2003","value":68.6042068471505},{"period":"2004","value":68.844243193616},{"period":"2005","value":69.2252968634045},{"period":"2006","value":69.1493730645287},{"period":"2007","value":69.0708889987001},{"period":"2008","value":69.5066554121323},{"period":"2009","value":71.099165194287},{"period":"2010","value":69.701371938191},{"period":"2011","value":71.1728811394774},{"period":"2012","value":71.1826871458956},{"period":"2013","value":71.1702169629463},{"period":"2014","value":70.1855454477301},{"period":"2015","value":69.215676593242},{"period":"2016","value":69.3208957452067},{"period":"2017","value":69.1059936048868},{"period":"2018","value":69.1196838814134},{"period":"2019","value":69.5171709470165},{"period":"2020","value":69.7820184437325},{"period":"2021","value":70.064497929455},{"period":"2022","value":71.1191098111371},{"period":"2023","value":70.7921491218815},{"period":"2024","value":71.4295377357598}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"71.4","yoyChange":"+0.6pp"},{"year":"2023","value":"70.8","yoyChange":"-0.3pp"},{"year":"2022","value":"71.1","yoyChange":"+1pp"},{"year":"2021","value":"70.1","yoyChange":"+0.3pp"},{"year":"2020","value":"69.8","yoyChange":"+0.3pp"},{"year":"2019","value":"69.5","yoyChange":"+0.4pp"},{"year":"2018","value":"69.1","yoyChange":"unchanged"},{"year":"2017","value":"69.1","yoyChange":"-0.2pp"},{"year":"2016","value":"69.3","yoyChange":"+0.1pp"},{"year":"2015","value":"69.2","yoyChange":"-1.0pp"},{"year":"2014","value":"70.2","yoyChange":"-1.0pp"},{"year":"2013","value":"71.2","yoyChange":"unchanged"},{"year":"2012","value":"71.2","yoyChange":"unchanged"},{"year":"2011","value":"71.2","yoyChange":"+1.5pp"},{"year":"2010","value":"69.7","yoyChange":"-1.4pp"},{"year":"2009","value":"71.1","yoyChange":"+1.6pp"},{"year":"2008","value":"69.5","yoyChange":"+0.4pp"},{"year":"2007","value":"69.1","yoyChange":"unchanged"},{"year":"2006","value":"69.1","yoyChange":"-0.1pp"},{"year":"2005","value":"69.2","yoyChange":"+0.4pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks services sector value added as a share of GDP in Japan from 1990 to present. The shift toward services-led growth is a defining trend across advanced and emerging markets. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1994–2024 (31 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 71.4 % of GDP in 2024 and reached its lowest recorded value of 63.3 in 1994. The latest reading of 71.4 in 2024 represents a change of +0.6pp."}]}