Service exports — all countries

Service exports — High-income countries

Service exports in high-income countries in 2024 — 7,039,950,100,108 US$. Since 2001, the indicator has risen by 457.4%.

2024 7.04T US$ +9.31% vs 2023
World rank
Period maximum 7.04T US$2024
Period minimum 1.26T US$2001

Trend over time

2001–2024 · US$

Service exports — High-income countries, 2001–202402T4T6T8T2001200420072010201320162019202220242001: 1,262,942,060,322 US$2002: 1,388,321,241,908 US$2003: 1,586,180,619,646 US$2004: 1,910,046,424,383 US$2005: 2,205,279,656,072 US$2006: 2,479,728,395,753 US$2007: 2,937,256,805,847 US$2008: 3,281,784,591,203 US$2009: 2,936,813,192,105 US$2010: 3,159,694,686,405 US$2011: 3,574,572,946,341 US$2012: 3,668,097,048,992 US$2013: 3,938,921,253,292 US$2014: 4,203,687,784,341 US$2015: 3,982,810,979,840 US$2016: 4,068,296,866,221 US$2017: 4,424,103,536,398 US$2018: 4,842,202,820,429 US$2019: 4,976,479,792,240 US$2020: 4,282,758,689,086 US$2021: 5,076,836,046,256 US$2022: 5,757,239,987,696 US$2023: 6,440,168,708,458 US$2024: 7,039,950,100,108 US$
Change over the period: +5.78T (+457.42%) Average annual rate: 7.76 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 7.04T US$
World 8.85T US$
Service exports — High-income countries, by year High-income countries All countries CSV XLSX
Year US$ Change Change, %
2024 7.04T +600B +9.31%
2023 6.44T +683B +11.86%
2022 5.76T +680B +13.4%
2021 5.08T +794B +18.54%
2020 4.28T −694B −13.94%
2019 4.98T +134B +2.77%
2018 4.84T +418B +9.45%
2017 4.42T +356B +8.75%
2016 4.07T +85.49B +2.15%
2015 3.98T −221B −5.25%
2014 4.2T +265B +6.72%
2013 3.94T +271B +7.38%
2012 3.67T +93.52B +2.62%
2011 3.57T +415B +13.13%
2010 3.16T +223B +7.59%
2009 2.94T −345B −10.51%
2008 3.28T +345B +11.73%
2007 2.94T +458B +18.45%
2006 2.48T +274B +12.45%
2005 2.21T +295B +15.46%
2004 1.91T +324B +20.42%
2003 1.59T +198B +14.25%
2002 1.39T +125B +9.93%
2001 1.26T

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.