Trade in services (% of GDP) - Europe

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Description: The map below shows how Trade in services (% of GDP) varies by country in Europe. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Luxembourg, with a value of 298.24. The country with the lowest value in the region is Turkey, with a value of 8.24.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also: Country ranking, Time series comparison

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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.