Caribbean small states - Trade in services (% of GDP)

Trade in services (% of GDP) in Caribbean small states was 23.91 as of 2020. Its highest value over the past 44 years was 42.21 in 1994, while its lowest value was 23.60 in 2010.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1976 27.18
1977 25.38
1978 28.62
1979 30.16
1980 28.94
1981 28.10
1982 27.67
1983 26.94
1984 29.66
1985 31.63
1986 38.05
1987 36.32
1988 36.72
1989 38.64
1990 38.02
1991 38.04
1992 41.49
1993 40.63
1994 42.21
1995 39.49
1996 38.60
1997 34.83
1998 34.63
1999 34.24
2000 33.89
2001 31.52
2002 31.61
2003 31.29
2004 31.13
2005 29.82
2006 27.68
2007 26.61
2008 23.82
2009 25.20
2010 23.60
2011 25.86
2012 26.89
2013 26.81
2014 30.50
2015 30.60
2016 33.75
2017 33.60
2018 33.92
2019 35.61
2020 23.91

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments