Imports of goods and services (BoP, current US$) in Least developed countries
Least developed countries: Imports of goods and services (BoP, current US$) was 442.27 billion BoP, current US$ in 2024. ◆ Volatile
Imports 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$.
Analysis
Least developed countries recorded 442.27 billion BoP, current US$ for imports of goods and services in 2024.
That represents a change of up 5.4% on the previous year and up 34.3% over ten years.
Over the whole period, imports of goods and services in Least developed countries peaked at 459.19 billion BoP, current US$ in 2022 and was at its lowest, 23.79 billion BoP, current US$, in 1985.
That places Least developed countries 38th out of 47 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Least developed countries, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1985 | 23.79 billion BoP, current US$ | — |
| 1986 | 24.65 billion BoP, current US$ | +3.6% |
| 1987 | 26.15 billion BoP, current US$ | +6.1% |
| 1988 | 28.78 billion BoP, current US$ | +10.1% |
| 1989 | 29.66 billion BoP, current US$ | +3.1% |
| 1990 | 33.83 billion BoP, current US$ | +14.0% |
| 1991 | 32.84 billion BoP, current US$ | -2.9% |
| 1992 | 35.48 billion BoP, current US$ | +8.1% |
| 1993 | 34.72 billion BoP, current US$ | -2.1% |
| 1994 | 38.00 billion BoP, current US$ | +9.4% |
| 1995 | 46.45 billion BoP, current US$ | +22.2% |
| 1996 | 48.22 billion BoP, current US$ | +3.8% |
| 1997 | 49.85 billion BoP, current US$ | +3.4% |
| 1998 | 50.85 billion BoP, current US$ | +2.0% |
| 1999 | 52.63 billion BoP, current US$ | +3.5% |
| 2000 | 54.22 billion BoP, current US$ | +3.0% |
| 2001 | 57.27 billion BoP, current US$ | +5.6% |
| 2002 | 59.33 billion BoP, current US$ | +3.6% |
| 2003 | 69.95 billion BoP, current US$ | +17.9% |
| 2004 | 84.54 billion BoP, current US$ | +20.9% |
| 2005 | 104.63 billion BoP, current US$ | +23.8% |
| 2006 | 120.90 billion BoP, current US$ | +15.5% |
| 2007 | 154.11 billion BoP, current US$ | +27.5% |
| 2008 | 204.27 billion BoP, current US$ | +32.6% |
| 2009 | 190.46 billion BoP, current US$ | -6.8% |
| 2010 | 211.96 billion BoP, current US$ | +11.3% |
| 2011 | 260.30 billion BoP, current US$ | +22.8% |
| 2012 | 281.74 billion BoP, current US$ | +8.2% |
| 2013 | 307.14 billion BoP, current US$ | +9.0% |
| 2014 | 329.24 billion BoP, current US$ | +7.2% |
| 2015 | 292.82 billion BoP, current US$ | -11.1% |
| 2016 | 278.37 billion BoP, current US$ | -4.9% |
| 2017 | 305.41 billion BoP, current US$ | +9.7% |
| 2018 | 339.72 billion BoP, current US$ | +11.2% |
| 2019 | 334.17 billion BoP, current US$ | -1.6% |
| 2020 | 299.08 billion BoP, current US$ | -10.5% |
| 2021 | 390.29 billion BoP, current US$ | +30.5% |
| 2022 | 459.19 billion BoP, current US$ | +17.7% |
| 2023 | 419.61 billion BoP, current US$ | -8.6% |
| 2024 | 442.27 billion BoP, current US$ | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.60 billion BoP, current US$ | 23.79 billion BoP, current US$ | 29.66 billion BoP, current US$ | 5 |
| 1990s | 42.29 billion BoP, current US$ | 32.84 billion BoP, current US$ | 52.63 billion BoP, current US$ | 10 |
| 2000s | 109.97 billion BoP, current US$ | 54.22 billion BoP, current US$ | 204.27 billion BoP, current US$ | 10 |
| 2010s | 294.09 billion BoP, current US$ | 211.96 billion BoP, current US$ | 339.72 billion BoP, current US$ | 10 |
| 2020s | 402.09 billion BoP, current US$ | 299.08 billion BoP, current US$ | 459.19 billion BoP, current US$ | 5 |
Countries ranked near Least developed countries
- 35 Romania 174.97 billion BoP, current US$ compare
- 36 Philippines 168.69 billion BoP, current US$ compare
- 37 Hungary 168.52 billion BoP, current US$ compare
- 38 Israel 157.63 billion BoP, current US$ compare
- 39 Portugal 148.68 billion BoP, current US$ compare
- 40 Finland 131.53 billion BoP, current US$ compare
- 41 Slovakia 131.22 billion BoP, current US$ compare
More economy & growth data for Least developed countries
- General government final consumption expenditure (current US$), per 141.86 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 977.33 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7176 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 277.65 million BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 5.27 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 116.01 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0852 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 5.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.25 billion BoP, current US$ (2025)
Frequently asked questions
- What is imports of goods and services in Least developed countries?
- Imports of goods and services in Least developed countries was 442.27 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Least developed countries?
- The highest recorded value was 459.19 billion BoP, current US$ in 2022.
- What is the lowest imports of goods and services recorded in Least developed countries?
- The lowest recorded value was 23.79 billion BoP, current US$ in 1985.
- How does Least developed countries rank for imports of goods and services?
- Least developed countries ranks 38th out of 47 groups with data for 2024.
- Is imports of goods and services rising or falling in Least developed countries?
- Over the last ten years it is up 34.3%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.