Services value added — all countries

Services value added — Eastern Asia

Services value added in Eastern Asia in 2024 — 15,145,134,229,032 US$. Since 1994, the indicator has risen by 312.6%.

2024 15.15T US$ +1.77% vs 2023
World rank
Period maximum 15.15T US$2024
Period minimum 3.31T US$1998

Trend over time

1994–2024 · US$

Services value added — Eastern Asia, 1994–202405T10T15T20T199419972000200320062009201220152018202120241994: 3,670,469,257,435 US$1995: 4,138,290,175,163 US$1996: 3,811,892,281,573 US$1997: 3,596,316,291,570 US$1998: 3,307,523,612,498 US$1999: 3,798,321,412,168 US$2000: 4,289,726,303,223 US$2001: 4,010,983,703,905 US$2002: 4,039,247,747,994 US$2003: 4,405,022,100,768 US$2004: 4,837,029,347,640 US$2005: 5,053,143,879,373 US$2006: 5,195,194,751,342 US$2007: 5,655,425,454,025 US$2008: 6,459,194,140,770 US$2009: 6,911,568,043,444 US$2010: 7,737,501,386,414 US$2011: 8,916,729,391,666 US$2012: 9,551,694,694,169 US$2013: 9,506,166,318,928 US$2014: 9,934,928,051,790 US$2015: 10,146,784,996,104 US$2016: 10,849,567,732,151 US$2017: 11,482,115,201,118 US$2018: 12,605,728,833,451 US$2019: 13,069,261,600,908 US$2020: 13,280,485,965,879 US$2021: 15,109,681,482,961 US$2022: 14,631,069,180,131 US$2023: 14,881,545,648,992 US$2024: 15,145,134,229,032 US$
Change over the period: +11.47T (+312.62%) Average annual rate: 4.84 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Eastern Asia

Eastern Asia 15.15T US$
World 70.69T US$
Services value added — Eastern Asia, by year Eastern Asia All countries CSV XLSX
Year US$ Change Change, %
2024 15.15T +264B +1.77%
2023 14.88T +250B +1.71%
2022 14.63T −479B −3.17%
2021 15.11T +1.83T +13.77%
2020 13.28T +211B +1.62%
2019 13.07T +464B +3.68%
2018 12.61T +1.12T +9.79%
2017 11.48T +633B +5.83%
2016 10.85T +703B +6.93%
2015 10.15T +212B +2.13%
2014 9.93T +429B +4.51%
2013 9.51T −45.53B −0.48%
2012 9.55T +635B +7.12%
2011 8.92T +1.18T +15.24%
2010 7.74T +826B +11.95%
2009 6.91T +452B +7%
2008 6.46T +804B +14.21%
2007 5.66T +460B +8.86%
2006 5.2T +142B +2.81%
2005 5.05T +216B +4.47%
2004 4.84T +432B +9.81%
2003 4.41T +366B +9.06%
2002 4.04T +28.26B +0.7%
2001 4.01T −279B −6.5%
2000 4.29T +491B +12.94%
1999 3.8T +491B +14.84%
1998 3.31T −289B −8.03%
1997 3.6T −216B −5.66%
1996 3.81T −326B −7.89%
1995 4.14T +468B +12.75%
1994 3.67T

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.