Service imports in Southern Europe in 2024 — 390,114,492,523 US$. Since 2004, the indicator has risen by 121%.
2004–2024 · US$
How the value compares with the world and the groups this territory belongs to: Southern Europe
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 390B | +35.49B | +10.01% |
| 2023 | 355B | +26.18B | +7.97% |
| 2022 | 328B | +48.4B | +17.28% |
| 2021 | 280B | +56.23B | +25.12% |
| 2020 | 224B | −64.76B | −22.44% |
| 2019 | 289B | +4.02B | +1.41% |
| 2018 | 285B | +32.27B | +12.79% |
| 2017 | 252B | +24.13B | +10.58% |
| 2016 | 228B | +5.79B | +2.6% |
| 2015 | 222B | −24.04B | −9.76% |
| 2014 | 246B | +15.69B | +6.8% |
| 2013 | 231B | +3.37B | +1.48% |
| 2012 | 227B | −24.73B | −9.81% |
| 2011 | 252B | +12.45B | +5.2% |
| 2010 | 240B | +109M | +0.05% |
| 2009 | 240B | −43.39B | −15.34% |
| 2008 | 283B | +22.21B | +8.52% |
| 2007 | 261B | +44.08B | +20.35% |
| 2006 | 217B | +25.18B | +13.15% |
| 2005 | 191B | +14.92B | +8.45% |
| 2004 | 177B | — | — |
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.