Imports of goods, services and primary income in Small states
Small states: Imports of goods, services and primary income was 326.09 billion BoP, current US$ in 2024. ◆ Volatile
Imports 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$.
Analysis
In 2024, imports of goods, services and primary income in Small states stood at 326.09 billion BoP, current US$. That is the highest value across all 49 years on record.
The figure is up 6.1% on the previous year and up 77.4% over ten years.
Over the whole period, imports of goods, services and primary income in Small states peaked at 326.09 billion BoP, current US$ in 2024 and was at its lowest, 6.63 billion BoP, current US$, in 1976.
Small states ranks 42nd of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 6.63 billion BoP, current US$ | — |
| 1977 | 8.19 billion BoP, current US$ | +23.4% |
| 1978 | 9.50 billion BoP, current US$ | +16.1% |
| 1979 | 12.36 billion BoP, current US$ | +30.0% |
| 1980 | 15.55 billion BoP, current US$ | +25.8% |
| 1981 | 15.90 billion BoP, current US$ | +2.3% |
| 1982 | 16.10 billion BoP, current US$ | +1.2% |
| 1983 | 15.62 billion BoP, current US$ | -3.0% |
| 1984 | 15.42 billion BoP, current US$ | -1.3% |
| 1985 | 15.08 billion BoP, current US$ | -2.2% |
| 1986 | 15.89 billion BoP, current US$ | +5.4% |
| 1987 | 18.05 billion BoP, current US$ | +13.6% |
| 1988 | 20.09 billion BoP, current US$ | +11.3% |
| 1989 | 22.06 billion BoP, current US$ | +9.8% |
| 1990 | 24.91 billion BoP, current US$ | +12.9% |
| 1991 | 25.91 billion BoP, current US$ | +4.0% |
| 1992 | 27.10 billion BoP, current US$ | +4.6% |
| 1993 | 26.31 billion BoP, current US$ | -2.9% |
| 1994 | 29.05 billion BoP, current US$ | +10.4% |
| 1995 | 34.98 billion BoP, current US$ | +20.4% |
| 1996 | 37.69 billion BoP, current US$ | +7.7% |
| 1997 | 40.04 billion BoP, current US$ | +6.2% |
| 1998 | 41.57 billion BoP, current US$ | +3.8% |
| 1999 | 43.57 billion BoP, current US$ | +4.8% |
| 2000 | 47.57 billion BoP, current US$ | +9.2% |
| 2001 | 46.29 billion BoP, current US$ | -2.7% |
| 2002 | 48.08 billion BoP, current US$ | +3.9% |
| 2003 | 56.45 billion BoP, current US$ | +17.4% |
| 2004 | 69.41 billion BoP, current US$ | +23.0% |
| 2005 | 83.55 billion BoP, current US$ | +20.4% |
| 2006 | 100.81 billion BoP, current US$ | +20.7% |
| 2007 | 127.22 billion BoP, current US$ | +26.2% |
| 2008 | 160.71 billion BoP, current US$ | +26.3% |
| 2009 | 128.72 billion BoP, current US$ | -19.9% |
| 2010 | 142.69 billion BoP, current US$ | +10.9% |
| 2011 | 173.38 billion BoP, current US$ | +21.5% |
| 2012 | 170.06 billion BoP, current US$ | -1.9% |
| 2013 | 181.43 billion BoP, current US$ | +6.7% |
| 2014 | 183.86 billion BoP, current US$ | +1.3% |
| 2015 | 175.92 billion BoP, current US$ | -4.3% |
| 2016 | 163.19 billion BoP, current US$ | -7.2% |
| 2017 | 205.41 billion BoP, current US$ | +25.9% |
| 2018 | 235.82 billion BoP, current US$ | +14.8% |
| 2019 | 243.47 billion BoP, current US$ | +3.2% |
| 2020 | 227.16 billion BoP, current US$ | -6.7% |
| 2021 | 260.09 billion BoP, current US$ | +14.5% |
| 2022 | 283.29 billion BoP, current US$ | +8.9% |
| 2023 | 307.34 billion BoP, current US$ | +8.5% |
| 2024 | 326.09 billion BoP, current US$ | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.17 billion BoP, current US$ | 6.63 billion BoP, current US$ | 12.36 billion BoP, current US$ | 4 |
| 1980s | 16.98 billion BoP, current US$ | 15.08 billion BoP, current US$ | 22.06 billion BoP, current US$ | 10 |
| 1990s | 33.11 billion BoP, current US$ | 24.91 billion BoP, current US$ | 43.57 billion BoP, current US$ | 10 |
| 2000s | 86.88 billion BoP, current US$ | 46.29 billion BoP, current US$ | 160.71 billion BoP, current US$ | 10 |
| 2010s | 187.52 billion BoP, current US$ | 142.69 billion BoP, current US$ | 243.47 billion BoP, current US$ | 10 |
| 2020s | 280.79 billion BoP, current US$ | 227.16 billion BoP, current US$ | 326.09 billion BoP, current US$ | 5 |
Countries ranked near Small states
- 39 Finland 162.88 billion BoP, current US$ compare
- 40 Portugal 162.06 billion BoP, current US$ compare
- 41 South Africa 146.56 billion BoP, current US$ compare
- 42 Greece 141.09 billion BoP, current US$ compare
- 43 Slovakia 141.08 billion BoP, current US$ compare
- 44 Chile 140.70 billion BoP, current US$ compare
- 45 Egypt 134.53 billion BoP, current US$ compare
More economy & growth data for Small states
- General government final consumption expenditure (current US$), per 0.2055 current US$ per US$ of GDP (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)
- 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 (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.06 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 3,407 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods, services and primary income in Small states?
- Imports of goods, services and primary income in Small states was 326.09 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, services and primary income recorded in Small states?
- The highest recorded value was 326.09 billion BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Small states?
- The lowest recorded value was 6.63 billion BoP, current US$ in 1976.
- How does Small states rank for imports of goods, services and primary income?
- Small states ranks 42nd out of 47 groups with data for 2024.
- Is imports of goods, services and primary income rising or falling in Small states?
- Over the last ten years it is up 77.4%. 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 Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. 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.