United Kingdom - Trade in services

Trade in services (% of GDP)

Trade in services (% of GDP) in United Kingdom was 21.42 as of 2020. Its highest value over the past 50 years was 23.79 in 2019, while its lowest value was 9.21 in 1991.

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
1970 11.65
1971 11.88
1972 11.45
1973 12.33
1974 13.89
1975 12.83
1976 13.56
1977 13.27
1978 12.17
1979 12.11
1980 11.40
1981 11.15
1982 10.95
1983 10.69
1984 11.11
1985 11.09
1986 10.81
1987 10.39
1988 9.60
1989 9.58
1990 9.62
1991 9.21
1992 10.07
1993 10.81
1994 11.39
1995 10.80
1996 11.51
1997 11.55
1998 12.15
1999 14.15
2000 14.46
2001 14.99
2002 15.17
2003 15.68
2004 16.17
2005 16.75
2006 17.67
2007 17.95
2008 18.79
2009 19.33
2010 19.21
2011 20.06
2012 19.99
2013 20.56
2014 20.24
2015 20.45
2016 21.63
2017 22.47
2018 23.48
2019 23.79
2020 21.42

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments