Service imports in high-income countries in 2024 — 6,122,176,168,144 US$. Since 2001, the indicator has risen by 396.4%.
2001–2024 · US$
How the value compares with the world and the groups this territory belongs to: High-income countries
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 6.12T | +432B | +7.6% |
| 2023 | 5.69T | +619B | +12.22% |
| 2022 | 5.07T | +646B | +14.6% |
| 2021 | 4.42T | +563B | +14.59% |
| 2020 | 3.86T | −625B | −13.93% |
| 2019 | 4.49T | +214B | +5.02% |
| 2018 | 4.27T | +322B | +8.16% |
| 2017 | 3.95T | +324B | +8.94% |
| 2016 | 3.63T | +49.42B | +1.38% |
| 2015 | 3.58T | −169B | −4.52% |
| 2014 | 3.75T | +250B | +7.15% |
| 2013 | 3.5T | +199B | +6.03% |
| 2012 | 3.3T | +68.06B | +2.11% |
| 2011 | 3.23T | +317B | +10.89% |
| 2010 | 2.91T | +198B | +7.3% |
| 2009 | 2.71T | −323B | −10.65% |
| 2008 | 3.04T | +333B | +12.31% |
| 2007 | 2.7T | +384B | +16.56% |
| 2006 | 2.32T | +226B | +10.78% |
| 2005 | 2.09T | +275B | +15.13% |
| 2004 | 1.82T | +294B | +19.29% |
| 2003 | 1.52T | +182B | +13.58% |
| 2002 | 1.34T | +109B | +8.85% |
| 2001 | 1.23T | — | — |
Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.
Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much a country sells abroad in services — tourism, transport, communications, software.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
Trade Exports of goods and servicesThe value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.