Service exports — all countries

Service exports — Western Asia

Service exports in Western Asia in 2024 — 583,939,392,762 US$. Since 1995, the indicator has risen by 1,540.5%.

2024 584B US$ +6.37% vs 2023
World rank
Period maximum 584B US$2024
Period minimum 33.77B US$1996

Trend over time

1995–2024 · US$

Service exports — Western Asia, 1995–20240200B400B600B199519982001200420072010201320162019202220241995: 35,594,716,919 US$1996: 33,773,232,851 US$1997: 42,704,906,512 US$1998: 48,966,033,537 US$1999: 44,992,368,306 US$2000: 51,222,136,043 US$2001: 43,868,266,970 US$2002: 46,808,720,026 US$2003: 60,432,312,471 US$2004: 73,142,629,219 US$2005: 90,061,248,744 US$2006: 99,388,292,735 US$2007: 116,342,417,664 US$2008: 132,319,536,953 US$2009: 127,440,076,300 US$2010: 135,080,484,064 US$2011: 151,295,788,677 US$2012: 167,412,186,559 US$2013: 189,465,685,526 US$2014: 198,783,007,127 US$2015: 195,460,437,692 US$2016: 193,372,055,704 US$2017: 215,182,462,956 US$2018: 236,593,777,610 US$2019: 256,314,676,431 US$2020: 177,572,515,272 US$2021: 237,218,838,283 US$2022: 346,395,156,352 US$2023: 548,979,174,187 US$2024: 583,939,392,762 US$
Change over the period: +548B (+1,540.52%) Average annual rate: 10.13 %

Comparison, 2024

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

Western Asia 584B US$
World 8.85T US$
Service exports — Western Asia, by year Western Asia All countries CSV XLSX
Year US$ Change Change, %
2024 584B +34.96B +6.37%
2023 549B +203B +58.48%
2022 346B +109B +46.02%
2021 237B +59.65B +33.59%
2020 178B −78.74B −30.72%
2019 256B +19.72B +8.34%
2018 237B +21.41B +9.95%
2017 215B +21.81B +11.28%
2016 193B −2.09B −1.07%
2015 195B −3.32B −1.67%
2014 199B +9.32B +4.92%
2013 189B +22.05B +13.17%
2012 167B +16.12B +10.65%
2011 151B +16.22B +12%
2010 135B +7.64B +6%
2009 127B −4.88B −3.69%
2008 132B +15.98B +13.73%
2007 116B +16.95B +17.06%
2006 99.39B +9.33B +10.36%
2005 90.06B +16.92B +23.13%
2004 73.14B +12.71B +21.03%
2003 60.43B +13.62B +29.1%
2002 46.81B +2.94B +6.7%
2001 43.87B −7.35B −14.36%
2000 51.22B +6.23B +13.85%
1999 44.99B −3.97B −8.12%
1998 48.97B +6.26B +14.66%
1997 42.7B +8.93B +26.45%
1996 33.77B −1.82B −5.12%
1995 35.59B

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.