IDA blend - Trade in services (% of GDP)

Trade in services (% of GDP) in IDA blend was 6.19 as of 2020. Its highest value over the past 43 years was 13.36 in 1993, while its lowest value was 5.10 in 1982.

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 10.15
1978 10.24
1979 9.83
1980 10.59
1981 5.52
1982 5.10
1983 5.86
1984 6.26
1985 6.63
1986 6.93
1987 6.93
1988 7.10
1989 8.97
1990 9.92
1991 10.70
1992 10.59
1993 13.36
1994 13.24
1995 10.00
1996 10.37
1997 9.87
1998 9.34
1999 10.92
2000 8.59
2001 9.49
2002 9.51
2003 9.89
2004 9.45
2005 8.90
2006 9.58
2007 9.67
2008 9.84
2009 8.82
2010 9.05
2011 8.80
2012 8.08
2013 7.11
2014 7.11
2015 6.73
2016 6.15
2017 7.63
2018 9.02
2019 9.53
2020 6.19

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