Heavily indebted poor countries (HIPC) - Trade in services (% of GDP)

Trade in services (% of GDP) in Heavily indebted poor countries (HIPC) was 11.36 as of 2020. Its highest value over the past 40 years was 14.30 in 2012, while its lowest value was 8.85 in 1987.

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
1980 12.32
1981 11.70
1982 11.07
1983 10.63
1984 9.64
1985 10.36
1986 9.19
1987 8.85
1988 9.22
1989 10.14
1990 10.45
1991 10.27
1992 11.47
1993 11.46
1994 12.64
1995 12.19
1996 12.92
1997 12.12
1998 12.58
1999 12.53
2000 13.23
2001 13.49
2002 13.71
2003 12.69
2004 13.78
2005 13.50
2006 13.25
2007 13.35
2008 13.26
2009 12.60
2010 12.69
2011 13.91
2012 14.30
2013 13.33
2014 13.29
2015 13.82
2016 13.27
2017 12.95
2018 13.64
2019 13.88
2020 11.36

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