Australia - Trade in services

Trade in services (% of GDP)

Trade in services (% of GDP) in Australia was 6.65 as of 2020. Its highest value over the past 31 years was 10.28 in 2019, while its lowest value was 6.65 in 2020.

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
1989 7.55
1990 7.87
1991 7.70
1992 7.90
1993 8.50
1994 9.52
1995 9.45
1996 9.65
1997 8.99
1998 8.97
1999 9.77
2000 9.45
2001 9.33
2002 9.58
2003 9.81
2004 9.14
2005 8.86
2006 8.88
2007 9.68
2008 8.85
2009 8.97
2010 8.54
2011 8.20
2012 7.78
2013 8.23
2014 8.87
2015 8.78
2016 10.00
2017 10.10
2018 10.01
2019 10.28
2020 6.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments