IBRD only - Trade in services (% of GDP)
Trade in services (% of GDP) in IBRD only was 6.89 as of 2020. Its highest value over the past 43 years was 10.22 in 2002, while its lowest value was 5.31 in 1986.
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 |
|---|---|
| 1977 | 6.42 |
| 1978 | 6.70 |
| 1979 | 6.51 |
| 1980 | 6.61 |
| 1981 | 6.38 |
| 1982 | 5.86 |
| 1983 | 5.63 |
| 1984 | 5.64 |
| 1985 | 5.40 |
| 1986 | 5.31 |
| 1987 | 5.64 |
| 1988 | 6.04 |
| 1989 | 6.36 |
| 1990 | 6.64 |
| 1991 | 7.06 |
| 1992 | 7.77 |
| 1993 | 7.83 |
| 1994 | 7.68 |
| 1995 | 8.11 |
| 1996 | 8.04 |
| 1997 | 9.06 |
| 1998 | 8.86 |
| 1999 | 9.03 |
| 2000 | 9.30 |
| 2001 | 9.64 |
| 2002 | 10.22 |
| 2003 | 9.46 |
| 2004 | 10.09 |
| 2005 | 9.83 |
| 2006 | 9.57 |
| 2007 | 9.65 |
| 2008 | 9.54 |
| 2009 | 8.84 |
| 2010 | 8.54 |
| 2011 | 8.32 |
| 2012 | 8.32 |
| 2013 | 8.46 |
| 2014 | 8.74 |
| 2015 | 8.81 |
| 2016 | 8.74 |
| 2017 | 8.69 |
| 2018 | 8.88 |
| 2019 | 8.81 |
| 2020 | 6.89 |
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
