Italy - Trade in services (% of GDP)

Trade in services (% of GDP) in Italy was 9.51 as of 2020. Its highest value over the past 50 years was 12.20 in 2019, while its lowest value was 6.08 in 1974.

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
1970 6.50
1971 6.38
1972 6.35
1973 6.32
1974 6.08
1975 6.27
1976 6.09
1977 6.80
1978 6.83
1979 6.92
1980 6.77
1981 6.70
1982 7.02
1983 6.78
1984 7.02
1985 7.45
1986 6.55
1987 6.56
1988 6.20
1989 6.40
1990 7.58
1991 6.70
1992 8.17
1993 8.83
1994 8.72
1995 9.06
1996 8.60
1997 9.30
1998 9.66
1999 9.73
2000 10.28
2001 10.43
2002 10.17
2003 9.67
2004 9.69
2005 10.05
2006 10.71
2007 11.05
2008 10.33
2009 9.42
2010 10.05
2011 10.08
2012 10.48
2013 10.44
2014 10.71
2015 10.96
2016 10.99
2017 11.70
2018 11.94
2019 12.20
2020 9.51

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