Service exports (BoP, current US$), annual growth rate in Low income
Low income: Service exports (BoP, current US$), annual growth rate was 9.89 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Low income, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Low income recorded 9.89 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is up 73.1% on the previous year and up 26.4% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Low income peaked at 54.67 % change on previous year in 2004 and was at its lowest, -22.05 % change on previous year, in 2020.
That places Low income 12th out of 45 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Low income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 15.46 % change on previous year | — |
| 1993 | 14.58 % change on previous year | -5.7% |
| 1994 | 10.62 % change on previous year | -27.2% |
| 1995 | 4.89 % change on previous year | -53.9% |
| 1996 | 1.02 % change on previous year | -79.2% |
| 1997 | -5.16 % change on previous year | -606.3% |
| 1998 | -0.0126 % change on previous year | -99.8% |
| 1999 | 5.54 % change on previous year | -44029.1% |
| 2000 | 4.86 % change on previous year | -12.4% |
| 2001 | 6.54 % change on previous year | +34.6% |
| 2002 | 1.87 % change on previous year | -71.3% |
| 2003 | -4.25 % change on previous year | -326.7% |
| 2004 | 54.67 % change on previous year | -1386.9% |
| 2005 | 12.75 % change on previous year | -76.7% |
| 2006 | 12.95 % change on previous year | +1.6% |
| 2007 | 27.09 % change on previous year | +109.1% |
| 2008 | 28.18 % change on previous year | +4.0% |
| 2009 | -0.1431 % change on previous year | -100.5% |
| 2010 | 24.58 % change on previous year | -17283.1% |
| 2011 | 25.84 % change on previous year | +5.1% |
| 2012 | 1.14 % change on previous year | -95.6% |
| 2013 | -0.4074 % change on previous year | -135.6% |
| 2014 | 7.82 % change on previous year | -2020.4% |
| 2015 | -13.84 % change on previous year | -276.9% |
| 2016 | -6.93 % change on previous year | -49.9% |
| 2017 | 8.49 % change on previous year | -222.5% |
| 2018 | 19.7 % change on previous year | +131.9% |
| 2019 | 1.12 % change on previous year | -94.3% |
| 2020 | -22.05 % change on previous year | -2061.4% |
| 2021 | 24.98 % change on previous year | -213.3% |
| 2022 | 20.49 % change on previous year | -18.0% |
| 2023 | 5.71 % change on previous year | -72.1% |
| 2024 | 9.89 % change on previous year | +73.1% |
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Low income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +44029.1% | -0.0126 % change on previous year | 5.54 % change on previous year |
| 2010 | +17283.1% | -0.1431 % change on previous year | 24.58 % change on previous year |
| 2020 | -2061.4% | 1.12 % change on previous year | -22.05 % change on previous year |
| 2014 | +2020.4% | -0.4074 % change on previous year | 7.82 % change on previous year |
| 2004 | +1386.9% | -4.25 % change on previous year | 54.67 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.87 % change on previous year | -5.16 % change on previous year | 15.46 % change on previous year | 8 |
| 2000s | 14.45 % change on previous year | -4.25 % change on previous year | 54.67 % change on previous year | 10 |
| 2010s | 6.75 % change on previous year | -13.84 % change on previous year | 25.84 % change on previous year | 10 |
| 2020s | 7.81 % change on previous year | -22.05 % change on previous year | 24.98 % change on previous year | 5 |
Countries ranked near Low income
- 9 East Timor 78.99 % change on previous year compare
- 10 Democratic Republic of Congo 70.23 % change on previous year compare
- 11 Eswatini 60.96 % change on previous year compare
- 12 Kyrgyzstan 55.24 % change on previous year compare
- 13 Syria 52.82 % change on previous year compare
- 14 Zambia 47.93 % change on previous year compare
- 15 Myanmar 43.64 % change on previous year compare
More economy & growth data for Low income
- Foreign direct investment, net inflows (BoP, current US$), per capita 2.48 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7948 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 3.09 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 76.83 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0918 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 4.91 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 101.2 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1209 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 11.74 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.90 million BoP, current US$ (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Low income?
- Service exports (bop, current us$), annual growth rate in Low income was 9.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Low income?
- The highest recorded value was 54.67 % change on previous year in 2004.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Low income?
- The lowest recorded value was -22.05 % change on previous year in 2020.
- How does Low income rank for service exports (bop, current us$), annual growth rate?
- Low income ranks 12th out of 45 groups with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Low income?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is volatile.
- Where does this Low income data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). 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.