High income - Trade in services (% of GDP)

Trade in services (% of GDP) in High income was 14.40 as of 2020. Its highest value over the past 49 years was 16.49 in 2019, while its lowest value was 4.51 in 1971.

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 4.51
1972 4.52
1973 4.80
1974 5.19
1975 6.10
1976 6.39
1977 6.58
1978 6.80
1979 7.14
1980 7.61
1981 7.82
1982 7.73
1983 7.37
1984 7.22
1985 7.04
1986 7.12
1987 7.31
1988 7.29
1989 7.45
1990 7.91
1991 8.02
1992 8.26
1993 8.30
1994 8.28
1995 8.61
1996 7.83
1997 8.12
1998 8.54
1999 8.86
2000 9.23
2001 9.32
2002 9.68
2003 9.84
2004 10.59
2005 11.36
2006 11.99
2007 12.89
2008 13.52
2009 12.88
2010 13.18
2011 13.60
2012 13.90
2013 14.49
2014 15.21
2015 15.39
2016 15.32
2017 15.84
2018 16.25
2019 16.49
2020 14.40

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