World - Trade in services (% of GDP)
Trade in services (% of GDP) in World was 11.59 as of 2020. Its highest value over the past 45 years was 13.63 in 2019, while its lowest value was 5.98 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 | 5.98 |
| 1976 | 6.28 |
| 1977 | 6.60 |
| 1978 | 6.84 |
| 1979 | 7.08 |
| 1980 | 7.49 |
| 1981 | 7.51 |
| 1982 | 7.30 |
| 1983 | 7.01 |
| 1984 | 6.91 |
| 1985 | 6.73 |
| 1986 | 6.78 |
| 1987 | 7.03 |
| 1988 | 7.09 |
| 1989 | 7.30 |
| 1990 | 7.71 |
| 1991 | 7.89 |
| 1992 | 8.19 |
| 1993 | 8.25 |
| 1994 | 8.19 |
| 1995 | 8.49 |
| 1996 | 7.86 |
| 1997 | 8.28 |
| 1998 | 8.57 |
| 1999 | 8.88 |
| 2000 | 9.21 |
| 2001 | 9.35 |
| 2002 | 9.74 |
| 2003 | 9.74 |
| 2004 | 10.46 |
| 2005 | 11.00 |
| 2006 | 11.41 |
| 2007 | 12.04 |
| 2008 | 12.39 |
| 2009 | 11.70 |
| 2010 | 11.69 |
| 2011 | 11.84 |
| 2012 | 11.96 |
| 2013 | 12.31 |
| 2014 | 12.84 |
| 2015 | 12.99 |
| 2016 | 12.94 |
| 2017 | 13.19 |
| 2018 | 13.53 |
| 2019 | 13.63 |
| 2020 | 11.59 |
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
