India - Trade in services (% of GDP)

Trade in services (% of GDP) in India was 12.00 as of 2020. Its highest value over the past 45 years was 13.61 in 2006, while its lowest value was 1.92 in 1975.

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
1975 1.92
1976 2.14
1977 2.14
1978 2.30
1979 2.75
1980 3.19
1981 3.12
1982 3.19
1983 3.20
1984 3.24
1985 3.13
1986 2.88
1987 2.86
1988 3.07
1989 3.38
1990 3.34
1991 4.02
1992 4.05
1993 4.15
1994 4.35
1995 4.73
1996 4.69
1997 5.18
1998 6.23
1999 6.93
2000 7.66
2001 7.71
2002 7.87
2003 8.03
2004 10.37
2005 12.11
2006 13.61
2007 12.88
2008 13.48
2009 10.87
2010 11.70
2011 11.86
2012 12.34
2013 12.27
2014 11.69
2015 11.36
2016 11.23
2017 11.11
2018 12.19
2019 12.03
2020 12.00

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