Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high income)

Europe & Central Asia (excluding high income): Service exports (BoP, current US$), annual growth rate was 11.36 % change on previous year in 2024. ◆ Volatile

Latest (2024)
11.36 % change on previous year
Change on year
down 25.1%
Rank
7th
of 45 groups
All-time high
43 % change on previous year
in 2021
All-time low
-35.3 % change on previous year
in 2020
Years of data
30
1995–2024

Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high income), 1995–2024

-40-20020401995200920241995: 30.6 % change on previous year1996: 4.7 % change on previous year1997: 33.3 % change on previous year1998: 14.3 % change on previous year1999: -22.2 % change on previous year2000: 15.8 % change on previous year2001: -12.4 % change on previous year2002: 1.4 % change on previous year2003: 22.5 % change on previous year2004: 31.2 % change on previous year2005: 19.3 % change on previous year2006: 5.1 % change on previous year2007: 22.7 % change on previous year2008: 24.1 % change on previous year2009: -9.3 % change on previous year2010: 8 % change on previous year2011: 15.7 % change on previous year2012: 13.6 % change on previous year2013: 18 % change on previous year2014: -1.5 % change on previous year2015: -10.2 % change on previous year2016: -8.4 % change on previous year2017: 14.6 % change on previous year2018: 11.5 % change on previous year2019: 7.6 % change on previous year2020: -35.3 % change on previous year2021: 43 % change on previous year2022: 34.6 % change on previous year2023: 15.2 % change on previous year2024: 11.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, service exports (bop, current us$), annual growth rate in Europe & Central Asia (excluding high income) stood at 11.36 % change on previous year.

That represents a change of down 25.1% on the previous year and up 877.9% over ten years.

Over the whole period, service exports (bop, current us$), annual growth rate in Europe & Central Asia (excluding high income) peaked at 43 % change on previous year in 2021 and was at its lowest, -35.3 % change on previous year, in 2020.

That places Europe & Central Asia (excluding high income) 7th out of 45 groups with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high income), year by year

Annual values for Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high income), 1995 to 2024.
Year % change on previous year Change
1995 30.57 % change on previous year
1996 4.73 % change on previous year -84.5%
1997 33.28 % change on previous year +603.4%
1998 14.32 % change on previous year -57.0%
1999 -22.23 % change on previous year -255.3%
2000 15.79 % change on previous year -171.0%
2001 -12.4 % change on previous year -178.5%
2002 1.38 % change on previous year -111.1%
2003 22.5 % change on previous year +1532.1%
2004 31.23 % change on previous year +38.8%
2005 19.25 % change on previous year -38.3%
2006 5.11 % change on previous year -73.5%
2007 22.74 % change on previous year +344.9%
2008 24.12 % change on previous year +6.1%
2009 -9.3 % change on previous year -138.5%
2010 7.95 % change on previous year -185.5%
2011 15.7 % change on previous year +97.4%
2012 13.62 % change on previous year -13.2%
2013 18.01 % change on previous year +32.2%
2014 -1.46 % change on previous year -108.1%
2015 -10.24 % change on previous year +601.2%
2016 -8.41 % change on previous year -17.9%
2017 14.6 % change on previous year -273.5%
2018 11.51 % change on previous year -21.2%
2019 7.63 % change on previous year -33.6%
2020 -35.3 % change on previous year -562.5%
2021 43 % change on previous year -221.8%
2022 34.56 % change on previous year -19.6%
2023 15.16 % change on previous year -56.1%
2024 11.36 % change on previous year -25.1%

Biggest year-on-year movements

Years where Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high 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.

YearChange FromTo
2003 +1532.1% 1.38 % change on previous year 22.5 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.13 % change on previous year -22.23 % change on previous year 33.28 % change on previous year 5
2000s 12.04 % change on previous year -12.4 % change on previous year 31.23 % change on previous year 10
2010s 6.89 % change on previous year -10.24 % change on previous year 18.01 % change on previous year 10
2020s 13.76 % change on previous year -35.3 % change on previous year 43 % change on previous year 5

Countries ranked near Europe & Central Asia (excluding high income)

  1. 4 Bhutan 126.6 % change on previous year compare
  2. 5 Guyana 123.11 % change on previous year compare
  3. 6 Nauru 94.9 % change on previous year compare
  4. 7 Gabon 90.69 % change on previous year compare
  5. 8 Palau 79.55 % change on previous year compare
  6. 9 East Timor 78.99 % change on previous year compare
  7. 10 Democratic Republic of Congo 70.23 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Europe & Central Asia (excluding high income)

All data for Europe & Central Asia (excluding high income) →

Frequently asked questions

What is service exports (bop, current us$), annual growth rate in Europe & Central Asia (excluding high income)?
Service exports (bop, current us$), annual growth rate in Europe & Central Asia (excluding high income) was 11.36 % change on previous year in 2024, according to Statizoid (derived).
What is the highest service exports (bop, current us$), annual growth rate recorded in Europe & Central Asia (excluding high income)?
The highest recorded value was 43 % change on previous year in 2021.
What is the lowest service exports (bop, current us$), annual growth rate recorded in Europe & Central Asia (excluding high income)?
The lowest recorded value was -35.3 % change on previous year in 2020.
How does Europe & Central Asia (excluding high income) rank for service exports (bop, current us$), annual growth rate?
Europe & Central Asia (excluding high income) ranks 7th out of 45 groups with data for 2024.
Is service exports (bop, current us$), annual growth rate rising or falling in Europe & Central Asia (excluding high income)?
Over the last ten years it is up 877.9%. The long-run trend across the full record is volatile.
Where does this Europe & Central Asia (excluding high income) data come from?
The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high income). Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/service-exports-bop-current-us-annual-growth-rate/europe-and-central-asia-excluding-high-income/

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<a href="https://economy.statizoid.com/stat/service-exports-bop-current-us-annual-growth-rate/europe-and-central-asia-excluding-high-income/">Service exports (BoP, current US$), annual growth rate in Europe & Central Asia (excluding high income)</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Service exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 9,476 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.