OECD members - Trade in services (% of GDP)

Trade in services (% of GDP) in OECD members was 13.11 as of 2020. Its highest value over the past 49 years was 14.97 in 2019, while its lowest value was 4.43 in 1972.

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
1971 4.49
1972 4.43
1973 4.68
1974 5.01
1975 5.86
1976 6.07
1977 6.22
1978 6.36
1979 6.53
1980 6.99
1981 6.98
1982 6.99
1983 6.61
1984 6.55
1985 6.50
1986 6.73
1987 6.97
1988 6.98
1989 7.09
1990 7.55
1991 7.54
1992 7.82
1993 7.80
1994 7.83
1995 8.17
1996 7.45
1997 7.75
1998 7.94
1999 8.24
2000 8.55
2001 8.62
2002 8.94
2003 9.15
2004 9.82
2005 10.53
2006 11.01
2007 11.80
2008 12.38
2009 11.81
2010 11.95
2011 12.33
2012 12.50
2013 13.02
2014 13.66
2015 13.83
2016 13.83
2017 14.30
2018 14.69
2019 14.97
2020 13.11

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