Service imports — all countries

Service imports — OPEC

Service imports in OPEC in 2024 — 327,084,438,289 US$. Since 1977, the indicator has risen by 1,019.3%.

2024 327B US$ +2.77% vs 2023
World rank
Period maximum 327B US$2024
Period minimum 28.12B US$1988

Trend over time

1977–2024 · US$

Service imports — OPEC, 1977–20240100B200B300B400B19771982198719921997200220072012201720221977: 29,222,312,608 US$1978: 35,739,519,150 US$1979: 47,248,561,358 US$1980: 53,077,322,078 US$1981: 61,940,810,714 US$1982: 55,836,850,970 US$1983: 54,968,320,126 US$1984: 49,476,500,776 US$1985: 41,263,857,611 US$1986: 32,798,324,533 US$1987: 31,244,686,375 US$1988: 28,124,716,056 US$1989: 33,015,785,632 US$1990: 33,626,393,549 US$1991: 54,278,650,191 US$1992: 49,964,219,971 US$1993: 43,039,366,217 US$1994: 34,547,857,233 US$1995: 33,866,948,515 US$1996: 39,600,975,178 US$1997: 40,553,299,854 US$1998: 31,291,659,484 US$1999: 35,247,903,697 US$2000: 41,103,184,702 US$2005: 71,505,175,914 US$2006: 93,324,958,808 US$2007: 118,493,583,906 US$2008: 147,706,852,534 US$2009: 149,959,555,534 US$2010: 159,945,095,207 US$2011: 171,075,097,508 US$2012: 173,281,623,677 US$2013: 180,156,403,594 US$2014: 209,601,248,467 US$2015: 183,840,214,092 US$2016: 151,744,247,311 US$2017: 161,834,116,459 US$2018: 191,351,105,077 US$2019: 199,553,819,076 US$2020: 134,255,949,927 US$2021: 141,853,560,642 US$2022: 179,969,447,603 US$2023: 318,271,817,880 US$2024: 327,084,438,289 US$
Change over the period: +298B (+1,019.3%) Average annual rate: 5.27 %

Comparison, 2024

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

OPEC 327B US$
World 8.1T US$
Service imports — OPEC, by year OPEC All countries CSV XLSX
Year US$ Change Change, %
2024 327B +8.81B +2.77%
2023 318B +138B +76.85%
2022 180B +38.12B +26.87%
2021 142B +7.6B +5.66%
2020 134B −65.3B −32.72%
2019 200B +8.2B +4.29%
2018 191B +29.52B +18.24%
2017 162B +10.09B +6.65%
2016 152B −32.1B −17.46%
2015 184B −25.76B −12.29%
2014 210B +29.44B +16.34%
2013 180B +6.87B +3.97%
2012 173B +2.21B +1.29%
2011 171B +11.13B +6.96%
2010 160B +9.99B +6.66%
2009 150B +2.25B +1.53%
2008 148B +29.21B +24.65%
2007 118B +25.17B +26.97%
2006 93.32B +21.82B +30.51%
2005 71.51B
2000 41.1B +5.86B +16.61%
1999 35.25B +3.96B +12.64%
1998 31.29B −9.26B −22.84%
1997 40.55B +952M +2.4%
1996 39.6B +5.73B +16.93%
1995 33.87B −681M −1.97%
1994 34.55B −8.49B −19.73%
1993 43.04B −6.92B −13.86%
1992 49.96B −4.31B −7.95%
1991 54.28B +20.65B +61.42%
1990 33.63B +611M +1.85%
1989 33.02B +4.89B +17.39%
1988 28.12B −3.12B −9.99%
1987 31.24B −1.55B −4.74%
1986 32.8B −8.47B −20.52%
1985 41.26B −8.21B −16.6%
1984 49.48B −5.49B −9.99%
1983 54.97B −869M −1.56%
1982 55.84B −6.1B −9.85%
1981 61.94B +8.86B +16.7%
1980 53.08B +5.83B +12.34%
1979 47.25B +11.51B +32.2%
1978 35.74B +6.52B +22.3%
1977 29.22B

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.