Service exports (BoP, current US$), annual growth rate in Least developed countries
Least developed countries: Service exports (BoP, current US$), annual growth rate was 13.5 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Least developed countries, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Least developed countries recorded 13.5 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.
That represents a change of up 34.6% on the previous year and up 63.6% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Least developed countries peaked at 28.28 % change on previous year in 2022 and was at its lowest, -34.04 % change on previous year, in 2020.
Least developed countries ranks 1st of 45 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Least developed countries, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 11.4 % change on previous year | — |
| 1982 | -6.69 % change on previous year | -158.7% |
| 1983 | -11.71 % change on previous year | +74.9% |
| 1984 | -2.24 % change on previous year | -80.9% |
| 1985 | 14.93 % change on previous year | -765.9% |
| 1986 | -4.8 % change on previous year | -132.2% |
| 1987 | 13.74 % change on previous year | -386.1% |
| 1988 | 4.27 % change on previous year | -68.9% |
| 1989 | 6.68 % change on previous year | +56.2% |
| 1990 | 8.84 % change on previous year | +32.4% |
| 1991 | -3.03 % change on previous year | -134.3% |
| 1992 | 8.29 % change on previous year | -373.2% |
| 1993 | 11.69 % change on previous year | +41.0% |
| 1994 | 10.42 % change on previous year | -10.8% |
| 1995 | 19.13 % change on previous year | +83.6% |
| 1996 | 5.03 % change on previous year | -73.7% |
| 1997 | 4.73 % change on previous year | -5.9% |
| 1998 | -1.13 % change on previous year | -123.9% |
| 1999 | 10.14 % change on previous year | -999.0% |
| 2000 | 4.4 % change on previous year | -56.6% |
| 2001 | -2.46 % change on previous year | -155.8% |
| 2002 | 7.26 % change on previous year | -395.7% |
| 2003 | 5.57 % change on previous year | -23.3% |
| 2004 | 21.02 % change on previous year | +277.2% |
| 2005 | 17.07 % change on previous year | -18.8% |
| 2006 | 26.72 % change on previous year | +56.5% |
| 2007 | 11.91 % change on previous year | -55.4% |
| 2008 | 21.95 % change on previous year | +84.2% |
| 2009 | -2.96 % change on previous year | -113.5% |
| 2010 | 12 % change on previous year | -505.1% |
| 2011 | 20.83 % change on previous year | +73.5% |
| 2012 | 8.75 % change on previous year | -58.0% |
| 2013 | 12.92 % change on previous year | +47.8% |
| 2014 | 8.25 % change on previous year | -36.2% |
| 2015 | -4.37 % change on previous year | -153.0% |
| 2016 | -2.28 % change on previous year | -47.8% |
| 2017 | 7.59 % change on previous year | -432.4% |
| 2018 | 17.4 % change on previous year | +129.2% |
| 2019 | 8.63 % change on previous year | -50.4% |
| 2020 | -34.04 % change on previous year | -494.6% |
| 2021 | 16.77 % change on previous year | -149.3% |
| 2022 | 28.28 % change on previous year | +68.6% |
| 2023 | 10.03 % change on previous year | -64.5% |
| 2024 | 13.5 % change on previous year | +34.6% |
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Least developed countries changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +999.0% | -1.13 % change on previous year | 10.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.84 % change on previous year | -11.71 % change on previous year | 14.93 % change on previous year | 9 |
| 1990s | 7.41 % change on previous year | -3.03 % change on previous year | 19.13 % change on previous year | 10 |
| 2000s | 11.05 % change on previous year | -2.96 % change on previous year | 26.72 % change on previous year | 10 |
| 2010s | 8.97 % change on previous year | -4.37 % change on previous year | 20.83 % change on previous year | 10 |
| 2020s | 6.91 % change on previous year | -34.04 % change on previous year | 28.28 % change on previous year | 5 |
Countries ranked near Least developed countries
More economy & growth data for Least developed countries
- Foreign direct investment, net inflows (BoP, current US$), per capita 8.44 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7176 current US$ per US$ of GDP (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)
- General government final consumption expenditure (constant 2015 US$) 5.81 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 141.86 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1042 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 10.13 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 277.65 million BoP, current US$ (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Least developed countries?
- Service exports (bop, current us$), annual growth rate in Least developed countries was 13.5 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Least developed countries?
- The highest recorded value was 28.28 % change on previous year in 2022.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Least developed countries?
- The lowest recorded value was -34.04 % change on previous year in 2020.
- How does Least developed countries rank for service exports (bop, current us$), annual growth rate?
- Least developed countries ranks 1st out of 45 groups with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Least developed countries?
- Over the last ten years it is up 63.6%. The long-run trend across the full record is volatile.
- Where does this Least developed countries data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
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.