Service exports — all countries

Service exports — Southern Europe

Service exports in Southern Europe in 2024 — 596,427,409,170 US$. Since 2004, the indicator has risen by 149.7%.

2024 596B US$ +7.86% vs 2023
World rank
Period maximum 596B US$2024
Period minimum 239B US$2004

Trend over time

2004–2024 · US$

Service exports — Southern Europe, 2004–2024200B300B400B500B600B200420062008201020122014201620182020202220242004: 238,850,748,731 US$2005: 254,297,059,291 US$2006: 285,210,930,935 US$2007: 338,487,249,025 US$2008: 371,117,276,341 US$2009: 311,685,838,348 US$2010: 313,465,102,896 US$2011: 355,389,867,201 US$2012: 336,779,409,159 US$2013: 351,210,356,076 US$2014: 369,992,230,121 US$2015: 326,441,148,947 US$2016: 341,427,848,062 US$2017: 382,895,334,711 US$2018: 421,566,452,024 US$2019: 430,292,214,361 US$2020: 280,049,937,816 US$2021: 366,808,734,432 US$2022: 472,063,358,979 US$2023: 552,942,012,906 US$2024: 596,427,409,170 US$
Change over the period: +358B (+149.71%) Average annual rate: 4.68 %

Comparison, 2024

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

Southern Europe 596B US$
World 8.85T US$
Service exports — Southern Europe, by year Southern Europe All countries CSV XLSX
Year US$ Change Change, %
2024 596B +43.49B +7.86%
2023 553B +80.88B +17.13%
2022 472B +105B +28.69%
2021 367B +86.76B +30.98%
2020 280B −150B −34.92%
2019 430B +8.73B +2.07%
2018 422B +38.67B +10.1%
2017 383B +41.47B +12.15%
2016 341B +14.99B +4.59%
2015 326B −43.55B −11.77%
2014 370B +18.78B +5.35%
2013 351B +14.43B +4.28%
2012 337B −18.61B −5.24%
2011 355B +41.92B +13.37%
2010 313B +1.78B +0.57%
2009 312B −59.43B −16.01%
2008 371B +32.63B +9.64%
2007 338B +53.28B +18.68%
2006 285B +30.91B +12.16%
2005 254B +15.45B +6.47%
2004 239B

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.