Imports of goods and services in Low income
Low income: Imports of goods and services was 206.05 billion BoP, current US$ in 2024. ▲ Rising
Imports of goods and services in Low income, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Low income recorded 206.05 billion BoP, current US$ for imports of goods and services in 2024. That is the highest value across all 20 years on record.
The figure is up 6.4% on the previous year and up 41.1% over ten years.
Over the whole period, imports of goods and services in Low income peaked at 206.05 billion BoP, current US$ in 2024 and was at its lowest, 51.72 billion BoP, current US$, in 2005.
That places Low income 44th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Imports of goods and services in Low income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 51.72 billion BoP, current US$ | — |
| 2006 | 59.78 billion BoP, current US$ | +15.6% |
| 2007 | 74.79 billion BoP, current US$ | +25.1% |
| 2008 | 94.60 billion BoP, current US$ | +26.5% |
| 2009 | 85.72 billion BoP, current US$ | -9.4% |
| 2010 | 99.19 billion BoP, current US$ | +15.7% |
| 2011 | 115.36 billion BoP, current US$ | +16.3% |
| 2012 | 130.46 billion BoP, current US$ | +13.1% |
| 2013 | 136.91 billion BoP, current US$ | +4.9% |
| 2014 | 146.06 billion BoP, current US$ | +6.7% |
| 2015 | 127.63 billion BoP, current US$ | -12.6% |
| 2016 | 120.61 billion BoP, current US$ | -5.5% |
| 2017 | 124.64 billion BoP, current US$ | +3.3% |
| 2018 | 140.96 billion BoP, current US$ | +13.1% |
| 2019 | 141.31 billion BoP, current US$ | +0.2% |
| 2020 | 133.50 billion BoP, current US$ | -5.5% |
| 2021 | 159.86 billion BoP, current US$ | +19.7% |
| 2022 | 197.70 billion BoP, current US$ | +23.7% |
| 2023 | 193.61 billion BoP, current US$ | -2.1% |
| 2024 | 206.05 billion BoP, current US$ | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.32 billion BoP, current US$ | 51.72 billion BoP, current US$ | 94.60 billion BoP, current US$ | 5 |
| 2010s | 128.31 billion BoP, current US$ | 99.19 billion BoP, current US$ | 146.06 billion BoP, current US$ | 10 |
| 2020s | 178.14 billion BoP, current US$ | 133.50 billion BoP, current US$ | 206.05 billion BoP, current US$ | 5 |
Countries ranked near Low income
- 41 Finland 130.27 billion BoP, current US$ compare
- 42 South Africa 126.24 billion BoP, current US$ compare
- 43 Greece 122.33 billion BoP, current US$ compare
- 44 Egypt 115.08 billion BoP, current US$ compare
- 45 Chile 108.46 billion BoP, current US$ compare
- 46 Iraq 104.52 billion BoP, current US$ compare
- 47 Argentina 101.06 billion BoP, current US$ compare
More economy & growth data for Low income
- Industry (including construction), value added 6.9% (2025)
- Agriculture, forestry, and fishing, value added 142.76 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 5.1% (2025)
- Services, value added (constant 2015 US$), per capita 293.66 constant 2015 US$ per person (2025)
- Manufacturing, value added 59.60 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.71 % change on previous year (2025)
- Industry (including construction), value added 182.48 billion current US$ (2025)
- Industry (including construction), value added 155.56 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 824.61 current US$ per person (2025)
- Services, value added 40.5% (2025)
Frequently asked questions
- What is imports of goods and services in Low income?
- Imports of goods and services in Low income was 206.05 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 Low income?
- The highest recorded value was 206.05 billion BoP, current US$ in 2024.
- What is the lowest imports of goods and services recorded in Low income?
- The lowest recorded value was 51.72 billion BoP, current US$ in 2005.
- How does Low income rank for imports of goods and services?
- Low income ranks 44th out of 47 groups with data for 2024.
- Is imports of goods and services rising or falling in Low income?
- Over the last ten years it is up 41.1%. The long-run trend across the full record is rising.
- Where does this Low income 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.