Small states - Trade in services (% of GDP)

Trade in services (% of GDP) in Small states was 41.59 as of 2020. Its highest value over the past 42 years was 42.55 in 2019, while its lowest value was 28.18 in 2011.

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
1978 29.12
1979 30.46
1982 30.66
1983 29.84
1984 32.03
1985 33.63
1986 34.28
1987 34.13
1988 33.66
1989 34.77
1990 31.80
1991 31.64
1992 33.38
1993 34.45
1994 34.67
1995 33.49
1996 33.51
1997 33.15
1998 34.50
1999 34.19
2000 33.54
2001 32.92
2002 32.09
2003 31.14
2004 33.61
2005 32.91
2006 33.65
2007 33.46
2011 28.18
2012 31.33
2013 32.87
2014 34.81
2015 38.84
2016 42.27
2017 42.53
2018 41.04
2019 42.55
2020 41.59

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