International trade in services in European Union (27 countries from 01/02/2020)
European Union (27 countries from 01/02/2020): International trade in services was -83,861 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services in European Union (27 countries from 01/02/2020), 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
European Union (27 countries from 01/02/2020) recorded -83,861 Euros, exchange rate converted for international trade in services in 2024.
The figure is down 13.2% on the previous year and down 143.7% over ten years.
Over the whole period, international trade in services in European Union (27 countries from 01/02/2020) peaked at -3,067 Euros, exchange rate converted in 2011 and was at its lowest, -158,101 Euros, exchange rate converted, in 2019.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services in European Union (27 countries from 01/02/2020), year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2010 | -9,818 Euros, exchange rate converted | — |
| 2011 | -3,067 Euros, exchange rate converted | -68.8% |
| 2012 | -10,505 Euros, exchange rate converted | +242.5% |
| 2013 | -10,779 Euros, exchange rate converted | +2.6% |
| 2014 | -34,415 Euros, exchange rate converted | +219.3% |
| 2015 | -73,758 Euros, exchange rate converted | +114.3% |
| 2016 | -58,761 Euros, exchange rate converted | -20.3% |
| 2017 | -77,244 Euros, exchange rate converted | +31.5% |
| 2018 | -50,931 Euros, exchange rate converted | -34.1% |
| 2019 | -158,101 Euros, exchange rate converted | +210.4% |
| 2020 | -153,772 Euros, exchange rate converted | -2.7% |
| 2021 | -76,587 Euros, exchange rate converted | -50.2% |
| 2022 | -64,534 Euros, exchange rate converted | -15.7% |
| 2023 | -74,076 Euros, exchange rate converted | +14.8% |
| 2024 | -83,861 Euros, exchange rate converted | +13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -48,738 Euros, exchange rate converted | -158,101 Euros, exchange rate converted | -3,067 Euros, exchange rate converted | 10 |
| 2020s | -90,566 Euros, exchange rate converted | -153,772 Euros, exchange rate converted | -64,534 Euros, exchange rate converted | 5 |
Countries ranked near European Union (27 countries from 01/02/2020)
- 4 Portugal 6,423 Euros, exchange rate converted compare
- 4 Slovenia 315.2 Euros, exchange rate converted compare
- 5 Greece 5,641 Euros, exchange rate converted compare
- 5 Latvia 286 Euros, exchange rate converted compare
- 6 Germany 5,383 Euros, exchange rate converted compare
- 6 Netherlands -3,657 Euros, exchange rate converted compare
- 7 Italy 4,712 Euros, exchange rate converted compare
- 8 Czechia 2,204 Euros, exchange rate converted compare
- 9 Romania 2,173 Euros, exchange rate converted compare
- 10 Iceland 1,762 Euros, exchange rate converted compare
More economy & growth data for European Union (27 countries from 01/02/2020)
- Annual Purchasing Power Parities and exchange rates — Purchasing 0.6316 National currency per US dollar (2025)
- National CPI, Growth rate over one year, All countries, Food and 3.3 Percent per annum (2025)
- Annual national net lending/net borrowing, US $, current prices 695,099 US dollars, PPP converted (2024)
- National CPI, Growth rate over one year, All countries, Energy -0.6 Percent per annum (2025)
- National CPI, Growth rate over one year, All countries, All items 2.6 Percent per annum (2025)
- Annual net national income per capita, US $, current prices, current 51,840 US dollars per person, PPP converted (2024)
- Annual national disposable income, US $, volume, constant PPPs 17.94 million US dollars, PPP converted (2024)
- Annual net national income per capita, US $, volume, constant PPPs 40,078 US dollars per person, PPP converted (2024)
- National CPI, Growth rate over one year, All countries, Food and 3.2 Percent per annum (2025)
- National CPI, Growth rate over one year, All countries, All items 2.6 Percent per annum (2025)
All data for European Union (27 countries from 01/02/2020) →
Frequently asked questions
- What is international trade in services in European Union (27 countries from 01/02/2020)?
- International trade in services in European Union (27 countries from 01/02/2020) was -83,861 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services recorded in European Union (27 countries from 01/02/2020)?
- The highest recorded value was -3,067 Euros, exchange rate converted in 2011.
- What is the lowest international trade in services recorded in European Union (27 countries from 01/02/2020)?
- The lowest recorded value was -158,101 Euros, exchange rate converted in 2019.
- How does European Union (27 countries from 01/02/2020) rank for international trade in services?
- European Union (27 countries from 01/02/2020) ranks 7th out of 7 regions with data for 2024.
- Is international trade in services rising or falling in European Union (27 countries from 01/02/2020)?
- Over the last ten years it is down 143.7%. The long-run trend across the full record is volatile.
- Where does this European Union (27 countries from 01/02/2020) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd