Skip to Digest of Key Science and Engineering Indicators 2008 main content.
spacer graphic Home
General Science and Engineering Indicators
R&D Investment Patterns
S&E Workforce Development
Knowledge Output
Selected Education Indicators
High School Completion Patterns
High School Teachers
Higher Education Enrollments
Selected Global Marketplace Indicators
Competitiveness
• R&D share of GDP in Selected Countries
• Annual Productivity Growth in Selected Countries
• World Share of Value-Added Revenues of High-Technology Manufacturing
• World Share of Value-Added Revenues for Market-Oriented, Knowledge-Intensive Services
Glossary
Help
World Share of Value-Added Revenues for Market-Oriented, Knowledge-Intensive Services Print Indicator PDF. (101K)

The United States continues to lead in all three market-oriented, knowledge-intensive service industries.


Mouseover legend to highlight data points.

Why is this indicator important?

  • The U.S. economy and the economies of other developed countries are increasingly dominated by service industries. U.S. market share in these industries is an indicator of its competitiveness.

Key Observations

  • The U.S. share of world market-oriented knowledge-intensive service value-added revenue remained constant at around 40% between 1995 and 2005.
    • While the U.S. share of business and financial service revenue remained constant or increased between 1996 and 2005, the U.S. share of communications services revenue declined from 42 to 39% between 1996 and 2005.
  • China's financial services sector has historically been that country's highest grossing market-oriented, knowledge-intensive sector, accounting for 8% of the world financial services value-added and ranking third behind Japan's financial services sector in 2005.
    • China's communications service industry grew at an average annual rate of nearly 20% between 1995 and 2005, reaching 7% of the world communications service value-added in 2005.

Related Discussion

  • The service sector is driving economic activity around the world, accounting for nearly 70% of global economic activity in 2003 (SEI 2008 Figure 6-5).
  • Market-oriented , knowledge-intensive services are driving the growth in the service sector, accounting for 30% of gross service revenue in 2005, with an average annual growth rate of 4.8% between 1986 and 2005 (SEI 2008 Table 6-4).