Indicator: Services: value added (% of GDP) 1980 - 2024

Description	Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Unit of measure	%

Description

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Unit of measure

Source: World Bank • Oecd

Data source: Link

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	China
1980	13.90
1981	13.34
1982	13.37
1983	14.12
1984	15.24
1985	14.37
1986	14.01
1987	13.26
1988	12.65
1989	13.34
1990	13.82
1991	14.17
1992	14.59
1993	14.51
1994	14.24
1995	13.46
1996	13.35
1997	13.91
1998	15.10
1999	16.51
2000	16.98
2001	16.57
2002	16.22
2003	15.46
2004	14.78
2005	14.98
2006	15.03
2007	14.84
2008	14.73
2009	14.99
2010	14.84
2011	15.51
2012	15.91
2013	15.95
2014	15.88
2015	16.26
2016	16.40
2017	16.50
2018	16.84
2019	17.15
2020	17.60
2021	16.35
2022	16.66
2023	17.19
2024	16.63

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