Service exports — all countries

Service exports — Low-income countries

Service exports in low-income countries in 2023 — 16,008,405,473 US$. Since 1984, the indicator has risen by 982.8%.

2023 16.01B US$ −3.93% vs 2022
World rank
Period maximum 18.93B US$2010
Period minimum 1.48B US$1984

Trend over time

1984–2023 · US$

Service exports — Low-income countries, 1984–202305B10B15B20B198419881992199620002004200820122016202020231984: 1,478,409,303 US$1985: 1,912,812,518 US$1986: 1,641,479,314 US$1992: 2,548,569,165 US$1993: 2,848,303,986 US$1994: 3,095,079,233 US$2005: 7,376,539,405 US$2006: 8,362,768,512 US$2007: 10,619,831,001 US$2008: 14,981,969,595 US$2009: 15,028,106,292 US$2010: 18,932,305,691 US$2011: 14,676,533,933 US$2012: 14,785,840,658 US$2013: 14,861,183,871 US$2014: 16,020,722,192 US$2015: 13,988,559,766 US$2016: 13,070,630,159 US$2017: 13,639,449,072 US$2018: 16,161,631,360 US$2019: 16,146,216,402 US$2020: 12,344,070,582 US$2021: 13,886,920,741 US$2022: 16,663,739,390 US$2023: 16,008,405,473 US$
Change over the period: +14.53B (+982.81%) Average annual rate: 6.3 %

Comparison, 2023

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

Low-income countries 16.01B US$
World 8.05T US$
Service exports — Low-income countries, by year Low-income countries All countries CSV XLSX
Year US$ Change Change, %
2023 16.01B −655M −3.93%
2022 16.66B +2.78B +20%
2021 13.89B +1.54B +12.5%
2020 12.34B −3.8B −23.55%
2019 16.15B −15.41M −0.1%
2018 16.16B +2.52B +18.49%
2017 13.64B +569M +4.35%
2016 13.07B −918M −6.56%
2015 13.99B −2.03B −12.68%
2014 16.02B +1.16B +7.8%
2013 14.86B +75.34M +0.51%
2012 14.79B +109M +0.74%
2011 14.68B −4.26B −22.48%
2010 18.93B +3.9B +25.98%
2009 15.03B +46.14M +0.31%
2008 14.98B +4.36B +41.08%
2007 10.62B +2.26B +26.99%
2006 8.36B +986M +13.37%
2005 7.38B
1994 3.1B +247M +8.66%
1993 2.85B +300M +11.76%
1992 2.55B
1986 1.64B −271M −14.19%
1985 1.91B +434M +29.38%
1984 1.48B

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.