North Macedonia - Trade in services (% of GDP)

Trade in services (% of GDP) in North Macedonia was 23.11 as of 2020. Its highest value over the past 24 years was 26.53 in 2015, while its lowest value was 12.33 in 1997.

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
1996 12.41
1997 12.33
1998 13.89
1999 16.49
2000 19.03
2001 18.24
2002 16.65
2003 18.64
2004 19.76
2005 19.68
2006 19.30
2007 21.82
2008 22.62
2009 20.44
2010 19.17
2011 22.96
2012 24.02
2013 23.75
2014 26.00
2015 26.53
2016 25.25
2017 25.00
2018 25.86
2019 25.86
2020 23.11

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