Service imports in Micronesia (subregion) in 2014 — 302,101,990 US$. Since 2009, the indicator has risen by 23.8%.
2009–2014 · US$
How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2014 | 302M | +9.94M | +3.4% |
| 2013 | 292M | +18.91M | +6.92% |
| 2012 | 273M | +11.62M | +4.44% |
| 2011 | 262M | +24.58M | +10.37% |
| 2010 | 237M | −6.99M | −2.87% |
| 2009 | 244M | — | — |
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.