Service exports — all countries

Service exports — OPEC

Service exports in OPEC in 2024 — 275,319,348,141 US$. Since 1977, the indicator has risen by 3,712.5%.

2024 275B US$ +9.4% vs 2023
World rank
Period maximum 275B US$2024
Period minimum 5.49B US$1988

Trend over time

1977–2024 · US$

Service exports — OPEC, 1977–20240100B200B300B19771982198719921997200220072012201720221977: 7,221,575,664 US$1978: 7,417,282,892 US$1979: 9,078,749,300 US$1980: 9,607,293,426 US$1981: 11,289,158,553 US$1982: 8,255,758,670 US$1983: 7,882,909,308 US$1984: 7,365,506,092 US$1985: 6,775,367,179 US$1986: 5,608,356,287 US$1987: 5,539,193,111 US$1988: 5,489,705,400 US$1989: 6,394,278,633 US$1990: 6,228,608,791 US$1991: 6,182,829,062 US$1992: 7,994,358,341 US$1993: 8,176,512,845 US$1994: 7,191,520,850 US$1995: 7,355,292,088 US$1996: 6,963,667,709 US$1997: 8,788,729,762 US$1998: 10,000,570,761 US$1999: 10,544,583,544 US$2000: 11,174,855,362 US$2005: 23,113,449,915 US$2006: 29,899,985,341 US$2007: 33,951,838,618 US$2008: 30,791,309,444 US$2009: 30,969,412,167 US$2010: 31,289,012,576 US$2011: 34,126,132,851 US$2012: 32,011,589,391 US$2013: 30,299,119,076 US$2014: 31,021,902,139 US$2015: 35,214,850,137 US$2016: 37,800,630,120 US$2017: 38,489,368,385 US$2018: 43,470,090,780 US$2019: 51,955,128,765 US$2020: 29,177,942,852 US$2021: 33,926,163,623 US$2022: 68,676,763,285 US$2023: 251,667,319,830 US$2024: 275,319,348,141 US$
Change over the period: +268B (+3,712.46%) Average annual rate: 8.05 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: OPEC

OPEC 275B US$
World 8.85T US$
Service exports — OPEC, by year OPEC All countries CSV XLSX
Year US$ Change Change, %
2024 275B +23.65B +9.4%
2023 252B +183B +266.45%
2022 68.68B +34.75B +102.43%
2021 33.93B +4.75B +16.27%
2020 29.18B −22.78B −43.84%
2019 51.96B +8.49B +19.52%
2018 43.47B +4.98B +12.94%
2017 38.49B +689M +1.82%
2016 37.8B +2.59B +7.34%
2015 35.21B +4.19B +13.52%
2014 31.02B +723M +2.39%
2013 30.3B −1.71B −5.35%
2012 32.01B −2.11B −6.2%
2011 34.13B +2.84B +9.07%
2010 31.29B +320M +1.03%
2009 30.97B +178M +0.58%
2008 30.79B −3.16B −9.31%
2007 33.95B +4.05B +13.55%
2006 29.9B +6.79B +29.36%
2005 23.11B
2000 11.17B +630M +5.98%
1999 10.54B +544M +5.44%
1998 10B +1.21B +13.79%
1997 8.79B +1.83B +26.21%
1996 6.96B −392M −5.32%
1995 7.36B +164M +2.28%
1994 7.19B −985M −12.05%
1993 8.18B +182M +2.28%
1992 7.99B +1.81B +29.3%
1991 6.18B −45.78M −0.73%
1990 6.23B −166M −2.59%
1989 6.39B +905M +16.48%
1988 5.49B −49.49M −0.89%
1987 5.54B −69.16M −1.23%
1986 5.61B −1.17B −17.22%
1985 6.78B −590M −8.01%
1984 7.37B −517M −6.56%
1983 7.88B −373M −4.52%
1982 8.26B −3.03B −26.87%
1981 11.29B +1.68B +17.51%
1980 9.61B +529M +5.82%
1979 9.08B +1.66B +22.4%
1978 7.42B +196M +2.71%
1977 7.22B

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.