Services Sector Contribution to GDP in China (1990-2022)

Services Sector Contribution to GDP in China (1990-2022)

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TGM StatBox. (2024). Services Sector Contribution to GDP in China (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: China
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
China's Services sector contribution expanded from 32.4% in 1990 to over 54% in recent years, supported by rapid urbanization and rising consumer demand. The steady increase highlights a structural shift toward a more service-oriented economy despite manufacturing's traditional dominance.

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