Exports of goods and services in Least developed countries
Least developed countries: Exports of goods and services was 347.72 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods and services in Least developed countries, 1985–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Least developed countries is 347.72 billion BoP, current US$, measured in 2024. That is the highest value across all 40 years on record.
The figure is up 9.2% on the previous year and up 45.8% over ten years.
Over the whole period, exports of goods and services in Least developed countries peaked at 347.72 billion BoP, current US$ in 2024 and was at its lowest, 14.44 billion BoP, current US$, in 1986.
That places Least developed countries 34th out of 43 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Least developed countries, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1985 | 15.57 billion BoP, current US$ | — |
| 1986 | 14.44 billion BoP, current US$ | -7.3% |
| 1987 | 16.45 billion BoP, current US$ | +13.9% |
| 1988 | 17.41 billion BoP, current US$ | +5.8% |
| 1989 | 18.67 billion BoP, current US$ | +7.2% |
| 1990 | 20.93 billion BoP, current US$ | +12.1% |
| 1991 | 20.04 billion BoP, current US$ | -4.2% |
| 1992 | 21.25 billion BoP, current US$ | +6.0% |
| 1993 | 21.33 billion BoP, current US$ | +0.4% |
| 1994 | 24.15 billion BoP, current US$ | +13.2% |
| 1995 | 29.13 billion BoP, current US$ | +20.6% |
| 1996 | 32.03 billion BoP, current US$ | +10.0% |
| 1997 | 33.36 billion BoP, current US$ | +4.1% |
| 1998 | 31.66 billion BoP, current US$ | -5.1% |
| 1999 | 35.25 billion BoP, current US$ | +11.3% |
| 2000 | 42.33 billion BoP, current US$ | +20.1% |
| 2001 | 42.06 billion BoP, current US$ | -0.6% |
| 2002 | 45.93 billion BoP, current US$ | +9.2% |
| 2003 | 52.26 billion BoP, current US$ | +13.8% |
| 2004 | 66.06 billion BoP, current US$ | +26.4% |
| 2005 | 88.45 billion BoP, current US$ | +33.9% |
| 2006 | 111.10 billion BoP, current US$ | +25.6% |
| 2007 | 138.62 billion BoP, current US$ | +24.8% |
| 2008 | 179.34 billion BoP, current US$ | +29.4% |
| 2009 | 141.47 billion BoP, current US$ | -21.1% |
| 2010 | 178.91 billion BoP, current US$ | +26.5% |
| 2011 | 218.17 billion BoP, current US$ | +21.9% |
| 2012 | 223.82 billion BoP, current US$ | +2.6% |
| 2013 | 240.40 billion BoP, current US$ | +7.4% |
| 2014 | 238.55 billion BoP, current US$ | -0.8% |
| 2015 | 193.85 billion BoP, current US$ | -18.7% |
| 2016 | 190.32 billion BoP, current US$ | -1.8% |
| 2017 | 215.71 billion BoP, current US$ | +13.3% |
| 2018 | 245.65 billion BoP, current US$ | +13.9% |
| 2019 | 245.66 billion BoP, current US$ | +0.0% |
| 2020 | 217.31 billion BoP, current US$ | -11.5% |
| 2021 | 281.16 billion BoP, current US$ | +29.4% |
| 2022 | 333.84 billion BoP, current US$ | +18.7% |
| 2023 | 318.45 billion BoP, current US$ | -4.6% |
| 2024 | 347.72 billion BoP, current US$ | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.51 billion BoP, current US$ | 14.44 billion BoP, current US$ | 18.67 billion BoP, current US$ | 5 |
| 1990s | 26.92 billion BoP, current US$ | 20.04 billion BoP, current US$ | 35.25 billion BoP, current US$ | 10 |
| 2000s | 90.76 billion BoP, current US$ | 42.06 billion BoP, current US$ | 179.34 billion BoP, current US$ | 10 |
| 2010s | 219.10 billion BoP, current US$ | 178.91 billion BoP, current US$ | 245.66 billion BoP, current US$ | 10 |
| 2020s | 299.69 billion BoP, current US$ | 217.31 billion BoP, current US$ | 347.72 billion BoP, current US$ | 5 |
Countries ranked near Least developed countries
- 31 Denmark 301.38 billion BoP, current US$ compare
- 32 Czechia 262.49 billion BoP, current US$ compare
- 33 Norway 240.24 billion BoP, current US$ compare
- 34 Luxembourg 199.76 billion BoP, current US$ compare
- 35 Hungary 179.50 billion BoP, current US$ compare
- 36 Israel 168.58 billion BoP, current US$ compare
- 37 Romania 152.43 billion BoP, current US$ compare
More economy & growth data for Least developed countries
- Gross value added at basic prices (GVA) 1.29 trillion constant 2015 US$ (2025)
- Trade in services 8.6% (2024)
- Industry (including construction), value added 29.7% (2025)
- Services, value added 737.78 billion current US$ (2025)
- Services, value added 622.97 billion constant 2015 US$ (2025)
- Services, value added 4.6% (2025)
- Services, value added 44.6% (2025)
- Inflation, GDP deflator 4.8% (2025)
- Gross value added at basic prices (GVA) 1.58 trillion current US$ (2025)
- GDP per capita growth 1.9% (2025)
Frequently asked questions
- What is exports of goods and services in Least developed countries?
- Exports of goods and services in Least developed countries was 347.72 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Least developed countries?
- The highest recorded value was 347.72 billion BoP, current US$ in 2024.
- What is the lowest exports of goods and services recorded in Least developed countries?
- The lowest recorded value was 14.44 billion BoP, current US$ in 1986.
- How does Least developed countries rank for exports of goods and services?
- Least developed countries ranks 34th out of 43 groups with data for 2024.
- Is exports of goods and services rising or falling in Least developed countries?
- Over the last ten years it is up 45.8%. The long-run trend across the full record is volatile.
- Where does this Least developed countries data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.