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Japan Tertiary Industry Index

Price

100 Points
Change +/-
-2.4 Points
Percentage Change
-2.37 %

The current value of the Tertiary Industry Index in Japan is 100 Points. The Tertiary Industry Index in Japan decreased to 100 Points on 3/1/2024, after it was 102.4 Points on 2/1/2024. From 1/1/1988 to 4/1/2024, the average GDP in Japan was 97.24 Points. The all-time high was reached on 1/1/2019 with 107.2 Points, while the lowest value was recorded on 1/1/1988 with 73.2 Points.

Source: Ministry of Economy Trade & Industry (METI)

Tertiary Industry Index

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Tertiary Industry Index

Tertiary Industry Index History

DateValue
3/1/2024100 Points
2/1/2024102.4 Points
1/1/2024100.3 Points
12/1/2023101.1 Points
11/1/2023100.8 Points
10/1/2023101 Points
9/1/2023101.4 Points
8/1/2023101.7 Points
7/1/2023101.4 Points
6/1/2023100.9 Points
1
2
3
4
5
...
44

Similar Macro Indicators to Tertiary Industry Index

NameCurrentPreviousFrequency
🇯🇵
Automobile production
592,999 Units559,726 UnitsMonthly
🇯🇵
Bankruptcies
723 Companies953 CompaniesMonthly
🇯🇵
Business Climate
13 points11 pointsQuarter
🇯🇵
Business Survey Index for Major Manufacturing Companies
-1 %-6.7 %Quarter
🇯🇵
Capacity Utilization
99.7 points99.4 pointsMonthly
🇯🇵
Cement production
3.821 M Tonnes3.976 M TonnesMonthly
🇯🇵
Changes in Inventory Levels
1.877 T JPY502.5 B JPYQuarter
🇯🇵
Composite Leading Indicator
99.958 points99.932 pointsMonthly
🇯🇵
Composite PMI
49.7 points52.6 pointsMonthly
🇯🇵
Consistency Index
115.2 points114.2 pointsMonthly
🇯🇵
Corporate profits
25.275 T JPY23.797 T JPYQuarter
🇯🇵
Economic Observer Survey
45.7 points47.4 pointsMonthly
🇯🇵
Economic Observer Survey Outlook
46.3 points48.5 pointsMonthly
🇯🇵
Industrial production
0.3 %-1.8 %Monthly
🇯🇵
Industrial Production MoM
2.8 %-0.9 %Monthly
🇯🇵
Leading Indicator
110.9 points111.7 pointsMonthly
🇯🇵
Machine Orders
-3.2 %-2.9 %Monthly
🇯🇵
Machine Tool Orders
110.771 B JPY123.96 B JPYMonthly
🇯🇵
Manufacturing PMI
50 points50.4 pointsMonthly
🇯🇵
Manufacturing Production
-6.22 %-3.96 %Monthly
🇯🇵
Mining Production
-1.8 %-4.8 %Monthly
🇯🇵
New Orders
1.097 T JPY1.019 T JPYMonthly
🇯🇵
PMI Non-Manufacturing Sector
33 points34 pointsQuarter
🇯🇵
Private Investments
6.8 %16.4 %Quarter
🇯🇵
Reuters Tankan Index
6 points9 pointsMonthly
🇯🇵
Services PMI
49.4 points53.8 pointsMonthly
🇯🇵
Small Business Sentiment
-1 points-1 pointsQuarter
🇯🇵
Steel production
7.1 M Tonnes7 M TonnesMonthly
🇯🇵
Tankan Capex of All Industries
11.1 %4 %Quarter
🇯🇵
Tankan Outlook for Major Manufacturing Companies
14 points10 pointsQuarter
🇯🇵
Tankan Outlook for Non-Manufacturing Sector
27 points27 pointsQuarter
🇯🇵
Vehicle Registrations
229,683 Units211,131 UnitsMonthly

The Tertiary Industry Activity Index provides a comprehensive overview of industrial activities across all business categories within the tertiary sector. This composite index serves as a general indicator, consolidating the activity indexes of individual business categories, weighted according to the relative importance of each category (value added). Wholesale Trade emerges as the most significant sector, contributing 15 percent to tertiary activity. This is followed by Medical, Health Care & Welfare and Living & Amusement-related Services, each accounting for 12 percent. Information & Communications contributes 11 percent, while Retail Trade and Transport & Postal Activities each account for 10 percent. Finance and Insurance sectors add another 9 percent, Real Estate contributes 8 percent, Business-related Services make up 7 percent, and Electricity, Gas, Heat Supply & Water and Goods Rental and Leasing each account for 3 percent.

What is Tertiary Industry Index?

The Tertiary Industry Index is a critical metric within the field of macroeconomics, playing an essential role in understanding and analyzing the dynamic nature of contemporary economies. At Eulerpool, a premier portal dedicated to displaying macroeconomic data, we recognize the significance of such indices in offering comprehensive insights into the economic pulse of nations. The Tertiary Industry Index, as its name suggests, encapsulates the performance and health of the services sector, a component that has become increasingly dominant in modern economic structures. The tertiary industry, also known as the service sector, represents a broad range of activities including retail, entertainment, finance, healthcare, education, and more. As economies evolve, there is a marked shift from primary (agriculture and extraction) and secondary (manufacturing) sectors towards tertiary activities. This transition is indicative of advancements in technology, rising incomes, and changing consumer preferences. Consequently, the Tertiary Industry Index offers a detailed perspective on such growth and its implications for overall economic health. At its core, the Tertiary Industry Index measures the output, efficiency, and expansion of the service sector. Unlike tangible goods produced by primary and secondary industries, services are intangible, encompassing activities that facilitate and enhance productivity and quality of life. The Index, therefore, captures a wide array of data points — from employment rates within the sector, revenue generation, to the adoption of cutting-edge technologies that streamline service delivery. The significance of the Tertiary Industry Index cannot be overstated. Firstly, it sheds light on consumer behavior and spending patterns. Services such as retail, hospitality, and entertainment are directly influenced by disposable income levels and consumer confidence. An uptick in these areas often suggests increased economic optimism and stability. Secondly, the Index serves as a barometer for business investment. Sectors like finance, real estate, and IT are pivotal for long-term economic planning and growth. Monitoring their performance provides invaluable insights for policymakers and investors alike. Furthermore, the Tertiary Industry Index offers a nuanced understanding of employment trends. Given that the service sector often accounts for a significant proportion of job creation, especially in advanced economies, any fluctuation within this Index can predict broader labor market trends. Understanding these patterns is crucial for governments aiming to implement effective employment policies and for businesses looking to align their workforce strategies with market conditions. Additionally, the Tertiary Industry Index is instrumental in understanding innovation and technological absorption within an economy. Services sectors like IT, telecommunications, and professional services are at the forefront of adopting and integrating new technologies. The rate at which these sectors innovate and evolve can often serve as a proxy for the overall technological progress within a nation. As such, the Index enables stakeholders to gauge the readiness of an economy to transition into newer, more advanced stages of development. At Eulerpool, our approach to the Tertiary Industry Index is rooted in a commitment to accuracy and comprehensiveness. We amalgamate data from a variety of reputable sources, ensuring that our users have access to the most up-to-date and relevant information. By consistently updating this Index, we enable businesses, policymakers, and researchers to make informed decisions based on current and projected performance trends within the service sector. Moreover, our platform offers a user-friendly interface allowing for nuanced analysis and comparison. By aggregating data in an accessible manner, we facilitate a deeper understanding of macroeconomic trends. Users can dissect the Tertiary Industry Index to identify specific sectors driving growth, regions outperforming their counterparts, and temporal trends that have tangible policy implications. This level of granular detail is indispensable for informed strategic planning. The tertiary industry’s influence on global trade patterns also underscores the relevance of this Index. As economies become more interlinked through globalization, service sectors such as finance, logistics, and tourism play pivotal roles in sustaining economic interdependence. The Tertiary Industry Index, by extension, provides critical insight into these international linkages, helping businesses navigate and capitalize on global opportunities while understanding potential vulnerabilities. Furthermore, the Index plays a role in gauging the socio-economic impact of the service sector. Services like healthcare and education are foundational to societal well-being and long-term human capital development. Tracking the performance of these sub-sectors offers critical insights into the effectiveness of public policies and the quality of life. By monitoring these metrics, stakeholders can identify systemic challenges and areas requiring intervention, ultimately fostering a more holistic approach to economic development. In conclusion, the Tertiary Industry Index is a quintessential tool in modern macroeconomic analysis, offering multi-faceted insights into the service sector’s performance and its overarching impact on the economy. At Eulerpool, we are dedicated to providing a robust, reliable, and detailed representation of this Index, ensuring that our users are well-equipped with the knowledge to make informed, strategic decisions. Through rigorous data compilation and an intuitive presentation, we aim to make the complexities of the service sector comprehensible and accessible, underscoring our commitment to excellence in the dissemination of macroeconomic data.