Service imports — all countries

Service imports — Low-income countries

Service imports in low-income countries in 2023 — 31,246,774,649 US$. Since 1982, the indicator has risen by 994.9%.

2023 31.25B US$ −3.93% vs 2022
World rank
Period maximum 32.53B US$2022
Period minimum 2.85B US$1982

Trend over time

1982–2023 · US$

Service imports — Low-income countries, 1982–2023010B20B30B40B1982198719921997200220072012201720221982: 2,853,785,362 US$1983: 2,899,496,096 US$1984: 2,885,424,561 US$1985: 3,362,775,321 US$1986: 3,066,743,035 US$1987: 3,466,974,781 US$1988: 3,515,795,048 US$1989: 3,718,982,093 US$1993: 4,098,338,963 US$1994: 4,383,315,336 US$2005: 12,775,098,169 US$2006: 15,377,258,837 US$2007: 18,338,484,024 US$2008: 22,562,786,885 US$2009: 20,629,523,128 US$2010: 24,892,518,732 US$2011: 25,862,176,377 US$2012: 27,272,987,517 US$2013: 28,304,489,382 US$2014: 31,186,083,322 US$2015: 27,194,535,037 US$2016: 26,055,572,125 US$2017: 24,497,842,266 US$2018: 29,938,136,255 US$2019: 28,515,437,630 US$2020: 27,254,018,730 US$2021: 28,822,528,409 US$2022: 32,526,497,417 US$2023: 31,246,774,649 US$
Change over the period: +28.39B (+994.92%) Average annual rate: 6.01 %

Comparison, 2023

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

Low-income countries 31.25B US$
World 7.45T US$
Service imports — Low-income countries, by year Low-income countries All countries CSV XLSX
Year US$ Change Change, %
2023 31.25B −1.28B −3.93%
2022 32.53B +3.7B +12.85%
2021 28.82B +1.57B +5.76%
2020 27.25B −1.26B −4.42%
2019 28.52B −1.42B −4.75%
2018 29.94B +5.44B +22.21%
2017 24.5B −1.56B −5.98%
2016 26.06B −1.14B −4.19%
2015 27.19B −3.99B −12.8%
2014 31.19B +2.88B +10.18%
2013 28.3B +1.03B +3.78%
2012 27.27B +1.41B +5.46%
2011 25.86B +970M +3.9%
2010 24.89B +4.26B +20.66%
2009 20.63B −1.93B −8.57%
2008 22.56B +4.22B +23.04%
2007 18.34B +2.96B +19.26%
2006 15.38B +2.6B +20.37%
2005 12.78B
1994 4.38B +285M +6.95%
1993 4.1B
1989 3.72B +203M +5.78%
1988 3.52B +48.82M +1.41%
1987 3.47B +400M +13.05%
1986 3.07B −296M −8.8%
1985 3.36B +477M +16.54%
1984 2.89B −14.07M −0.49%
1983 2.9B +45.71M +1.6%
1982 2.85B

About the indicator

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.