Arab World - Trade in services (% of GDP)

Trade in services (% of GDP) in Arab World was 13.47 as of 2020. Its highest value over the past 43 years was 21.51 in 1983, while its lowest value was 13.03 in 2001.

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
1977 14.56
1978 16.75
1979 20.36
1980 17.58
1981 20.27
1982 19.89
1983 21.51
1984 20.24
1985 18.22
1986 15.67
1987 14.33
1988 15.16
1989 16.08
1991 20.49
1992 20.40
1993 18.22
1994 15.79
1995 15.28
1996 15.21
1997 15.36
1998 14.16
1999 13.92
2000 13.79
2001 13.03
2002 14.70
2003 15.76
2004 16.48
2005 15.07
2006 15.88
2007 16.50
2008 15.62
2009 16.92
2010 15.34
2011 14.86
2012 14.24
2013 14.35
2014 16.17
2015 17.52
2016 16.95
2017 18.43
2018 18.10
2019 17.37
2020 13.47

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