Exports of goods, services and primary income in Small states
Small states: Exports of goods, services and primary income was 325.00 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods, services and primary income in Small states, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, exports of goods, services and primary income in Small states stood at 325.00 billion BoP, current US$. That is the highest value across all 49 years on record.
That represents a change of up 4.9% on the previous year and up 68.3% over ten years.
Over the whole period, exports of goods, services and primary income in Small states peaked at 325.00 billion BoP, current US$ in 2024 and was at its lowest, 7.10 billion BoP, current US$, in 1976.
That places Small states 38th out of 45 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 7.10 billion BoP, current US$ | — |
| 1977 | 8.22 billion BoP, current US$ | +15.8% |
| 1978 | 9.35 billion BoP, current US$ | +13.7% |
| 1979 | 11.72 billion BoP, current US$ | +25.4% |
| 1980 | 15.28 billion BoP, current US$ | +30.3% |
| 1981 | 15.30 billion BoP, current US$ | +0.1% |
| 1982 | 14.26 billion BoP, current US$ | -6.8% |
| 1983 | 13.54 billion BoP, current US$ | -5.1% |
| 1984 | 14.18 billion BoP, current US$ | +4.7% |
| 1985 | 14.64 billion BoP, current US$ | +3.3% |
| 1986 | 15.44 billion BoP, current US$ | +5.5% |
| 1987 | 17.55 billion BoP, current US$ | +13.6% |
| 1988 | 19.52 billion BoP, current US$ | +11.3% |
| 1989 | 21.26 billion BoP, current US$ | +8.9% |
| 1990 | 24.85 billion BoP, current US$ | +16.9% |
| 1991 | 24.59 billion BoP, current US$ | -1.0% |
| 1992 | 26.41 billion BoP, current US$ | +7.4% |
| 1993 | 26.26 billion BoP, current US$ | -0.6% |
| 1994 | 28.98 billion BoP, current US$ | +10.4% |
| 1995 | 34.56 billion BoP, current US$ | +19.2% |
| 1996 | 36.54 billion BoP, current US$ | +5.7% |
| 1997 | 37.32 billion BoP, current US$ | +2.1% |
| 1998 | 38.63 billion BoP, current US$ | +3.5% |
| 1999 | 41.72 billion BoP, current US$ | +8.0% |
| 2000 | 45.01 billion BoP, current US$ | +7.9% |
| 2001 | 45.15 billion BoP, current US$ | +0.3% |
| 2002 | 47.05 billion BoP, current US$ | +4.2% |
| 2003 | 55.37 billion BoP, current US$ | +17.7% |
| 2004 | 67.35 billion BoP, current US$ | +21.6% |
| 2005 | 82.08 billion BoP, current US$ | +21.9% |
| 2006 | 99.41 billion BoP, current US$ | +21.1% |
| 2007 | 124.72 billion BoP, current US$ | +25.5% |
| 2008 | 160.24 billion BoP, current US$ | +28.5% |
| 2009 | 127.82 billion BoP, current US$ | -20.2% |
| 2010 | 145.36 billion BoP, current US$ | +13.7% |
| 2011 | 181.06 billion BoP, current US$ | +24.6% |
| 2012 | 176.64 billion BoP, current US$ | -2.4% |
| 2013 | 191.11 billion BoP, current US$ | +8.2% |
| 2014 | 193.12 billion BoP, current US$ | +1.1% |
| 2015 | 181.50 billion BoP, current US$ | -6.0% |
| 2016 | 162.17 billion BoP, current US$ | -10.6% |
| 2017 | 208.66 billion BoP, current US$ | +28.7% |
| 2018 | 237.65 billion BoP, current US$ | +13.9% |
| 2019 | 245.57 billion BoP, current US$ | +3.3% |
| 2020 | 220.74 billion BoP, current US$ | -10.1% |
| 2021 | 258.22 billion BoP, current US$ | +17.0% |
| 2022 | 286.82 billion BoP, current US$ | +11.1% |
| 2023 | 309.97 billion BoP, current US$ | +8.1% |
| 2024 | 325.00 billion BoP, current US$ | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.10 billion BoP, current US$ | 7.10 billion BoP, current US$ | 11.72 billion BoP, current US$ | 4 |
| 1980s | 16.10 billion BoP, current US$ | 13.54 billion BoP, current US$ | 21.26 billion BoP, current US$ | 10 |
| 1990s | 31.99 billion BoP, current US$ | 24.59 billion BoP, current US$ | 41.72 billion BoP, current US$ | 10 |
| 2000s | 85.42 billion BoP, current US$ | 45.01 billion BoP, current US$ | 160.24 billion BoP, current US$ | 10 |
| 2010s | 192.28 billion BoP, current US$ | 145.36 billion BoP, current US$ | 245.57 billion BoP, current US$ | 10 |
| 2020s | 280.15 billion BoP, current US$ | 220.74 billion BoP, current US$ | 325.00 billion BoP, current US$ | 5 |
Countries ranked near Small states
- 35 Hungary 207.91 billion BoP, current US$ compare
- 36 Israel 193.86 billion BoP, current US$ compare
- 37 Finland 169.10 billion BoP, current US$ compare
- 38 Portugal 163.78 billion BoP, current US$ compare
- 39 Romania 162.74 billion BoP, current US$ compare
- 40 South Africa 146.68 billion BoP, current US$ compare
- 41 Slovakia 136.85 billion BoP, current US$ compare
More economy & growth data for Small states
- General government final consumption expenditure (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4415 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.64 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,468 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.35 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$) 11.34 % change on previous year (2025)
Frequently asked questions
- What is exports of goods, services and primary income in Small states?
- Exports of goods, services and primary income in Small states was 325.00 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Small states?
- The highest recorded value was 325.00 billion BoP, current US$ in 2024.
- What is the lowest exports of goods, services and primary income recorded in Small states?
- The lowest recorded value was 7.10 billion BoP, current US$ in 1976.
- How does Small states rank for exports of goods, services and primary income?
- Small states ranks 38th out of 45 groups with data for 2024.
- Is exports of goods, services and primary income rising or falling in Small states?
- Over the last ten years it is up 68.3%. The long-run trend across the full record is volatile.
- Where does this Small states 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, services and primary income (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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.