United States - Trade in services (% of GDP)
Trade in services (% of GDP) in United States was 5.56 as of 2020. Its highest value over the past 50 years was 7.13 in 2012, while its lowest value was 2.38 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 |
---|---|
1970 | 2.43 |
1971 | 2.44 |
1972 | 2.38 |
1973 | 2.53 |
1974 | 2.75 |
1975 | 2.71 |
1976 | 2.80 |
1977 | 2.82 |
1978 | 2.86 |
1979 | 2.86 |
1980 | 3.10 |
1981 | 3.18 |
1982 | 3.44 |
1983 | 3.26 |
1984 | 3.42 |
1985 | 3.34 |
1986 | 3.64 |
1987 | 3.90 |
1988 | 4.00 |
1989 | 4.07 |
1990 | 4.45 |
1991 | 4.59 |
1992 | 4.55 |
1993 | 4.52 |
1994 | 4.58 |
1995 | 4.72 |
1996 | 4.86 |
1997 | 4.92 |
1998 | 4.89 |
1999 | 4.93 |
2000 | 5.06 |
2001 | 4.78 |
2002 | 4.77 |
2003 | 4.80 |
2004 | 5.20 |
2005 | 5.30 |
2006 | 5.59 |
2007 | 6.10 |
2008 | 6.53 |
2009 | 6.44 |
2010 | 6.79 |
2011 | 7.10 |
2012 | 7.13 |
2013 | 7.06 |
2014 | 7.12 |
2015 | 6.95 |
2016 | 6.90 |
2017 | 7.07 |
2018 | 6.92 |
2019 | 6.85 |
2020 | 5.56 |
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