ICT service exports (BoP, current US$), annual growth rate in Lower middle income
Lower middle income: ICT service exports (BoP, current US$), annual growth rate was 9.66 % change on previous year in 2024. ◆ Volatile
ICT service exports (BoP, current US$), annual growth rate in Lower middle income, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lower middle income recorded 9.66 % change on previous year for ict service exports (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is down 16.8% on the previous year and up 118.6% over ten years.
Over the whole period, ict service exports (bop, current us$), annual growth rate in Lower middle income peaked at 46.83 % change on previous year in 2001 and was at its lowest, -4.05 % change on previous year, in 2009.
That places Lower middle income 20th out of 47 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports (BoP, current US$), annual growth rate in Lower middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 46.83 % change on previous year | — |
| 2002 | 17.01 % change on previous year | -63.7% |
| 2003 | 30.63 % change on previous year | +80.0% |
| 2004 | 36.5 % change on previous year | +19.2% |
| 2005 | 31.75 % change on previous year | -13.0% |
| 2006 | 31.99 % change on previous year | +0.8% |
| 2007 | 27 % change on previous year | -15.6% |
| 2008 | 32.67 % change on previous year | +21.0% |
| 2009 | -4.05 % change on previous year | -112.4% |
| 2010 | 11.67 % change on previous year | -388.3% |
| 2011 | 14.82 % change on previous year | +27.1% |
| 2012 | 7.87 % change on previous year | -46.9% |
| 2013 | 7.59 % change on previous year | -3.6% |
| 2014 | 4.42 % change on previous year | -41.8% |
| 2015 | 1.13 % change on previous year | -74.4% |
| 2016 | 0.3011 % change on previous year | -73.4% |
| 2017 | 2.22 % change on previous year | +637.2% |
| 2018 | 7.74 % change on previous year | +248.7% |
| 2019 | 10.32 % change on previous year | +33.4% |
| 2020 | 4.88 % change on previous year | -52.7% |
| 2021 | 20.43 % change on previous year | +318.3% |
| 2022 | 20.5 % change on previous year | +0.4% |
| 2023 | 11.6 % change on previous year | -43.4% |
| 2024 | 9.66 % change on previous year | -16.8% |
Biggest year-on-year movements
Years where ICT service exports (BoP, current US$), annual growth rate in Lower middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +637.2% | 0.3011 % change on previous year | 2.22 % change on previous year |
| 2010 | +388.3% | -4.05 % change on previous year | 11.67 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.82 % change on previous year | -4.05 % change on previous year | 46.83 % change on previous year | 9 |
| 2010s | 6.81 % change on previous year | 0.3011 % change on previous year | 14.82 % change on previous year | 10 |
| 2020s | 13.41 % change on previous year | 4.88 % change on previous year | 20.5 % change on previous year | 5 |
Countries ranked near Lower middle income
- 17 Bhutan 43.68 % change on previous year compare
- 18 Dominican Republic 43.43 % change on previous year compare
- 19 Turkey 37.74 % change on previous year compare
- 20 Kazakhstan 35.57 % change on previous year compare
- 21 Mexico 34.15 % change on previous year compare
- 22 Ecuador 33.24 % change on previous year compare
- 23 Armenia 27.19 % change on previous year compare
More economy & growth data for Lower middle income
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7194 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7321 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,817 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.82 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -30.1 % change on previous year (2025)
- Final consumption expenditure (current US$), annual growth rate 6.07 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8093 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 80.81 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0111 BoP, current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,785 constant 2015 US$ per person (2025)
Frequently asked questions
- What is ict service exports (bop, current us$), annual growth rate in Lower middle income?
- Ict service exports (bop, current us$), annual growth rate in Lower middle income was 9.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), annual growth rate recorded in Lower middle income?
- The highest recorded value was 46.83 % change on previous year in 2001.
- What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Lower middle income?
- The lowest recorded value was -4.05 % change on previous year in 2009.
- How does Lower middle income rank for ict service exports (bop, current us$), annual growth rate?
- Lower middle income ranks 20th out of 47 groups with data for 2024.
- Is ict service exports (bop, current us$), annual growth rate rising or falling in Lower middle income?
- Over the last ten years it is up 118.6%. The long-run trend across the full record is volatile.
- Where does this Lower middle income data come from?
- The figures come from Statizoid (derived), published as part of ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.