Upper middle income - Trade in services (% of GDP)
Trade in services (% of GDP) in Upper middle income was 5.78 as of 2020. Its highest value over the past 41 years was 9.74 in 2002, while its lowest value was 5.43 in 1985.
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 |
|---|---|
| 1979 | 5.90 |
| 1980 | 6.32 |
| 1981 | 6.24 |
| 1982 | 5.49 |
| 1983 | 5.51 |
| 1984 | 5.73 |
| 1985 | 5.43 |
| 1986 | 5.51 |
| 1987 | 5.75 |
| 1988 | 6.10 |
| 1989 | 6.36 |
| 1990 | 6.46 |
| 1991 | 6.59 |
| 1992 | 7.16 |
| 1993 | 7.20 |
| 1994 | 7.08 |
| 1995 | 7.51 |
| 1996 | 7.27 |
| 1997 | 8.42 |
| 1998 | 8.16 |
| 1999 | 8.64 |
| 2000 | 8.77 |
| 2001 | 9.02 |
| 2002 | 9.74 |
| 2003 | 8.77 |
| 2004 | 9.05 |
| 2005 | 8.71 |
| 2006 | 8.42 |
| 2007 | 8.53 |
| 2008 | 8.37 |
| 2009 | 7.92 |
| 2010 | 7.57 |
| 2011 | 7.33 |
| 2012 | 7.34 |
| 2013 | 7.56 |
| 2014 | 7.97 |
| 2015 | 7.95 |
| 2016 | 7.87 |
| 2017 | 7.72 |
| 2018 | 7.79 |
| 2019 | 7.72 |
| 2020 | 5.78 |
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