Service exports (BoP, current US$), annual growth rate in Small states
Small states: Service exports (BoP, current US$), annual growth rate was 7.65 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Small states, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service exports (bop, current us$), annual growth rate in Small states stood at 7.65 % change on previous year.
Compared with earlier readings it is down 37.8% on the previous year and up 5.2% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Small states peaked at 29.82 % change on previous year in 2021 and was at its lowest, -23.28 % change on previous year, in 2020.
Small states ranks 34th of 45 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Small states, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 19.53 % change on previous year | — |
| 1978 | 18.25 % change on previous year | -6.5% |
| 1979 | 24.76 % change on previous year | +35.7% |
| 1980 | 19.75 % change on previous year | -20.2% |
| 1981 | 3.79 % change on previous year | -80.8% |
| 1982 | 1.1 % change on previous year | -70.9% |
| 1983 | -1.35 % change on previous year | -222.4% |
| 1984 | 6.81 % change on previous year | -605.1% |
| 1985 | 10.46 % change on previous year | +53.5% |
| 1986 | 16.01 % change on previous year | +53.0% |
| 1987 | 14.79 % change on previous year | -7.6% |
| 1988 | 12.71 % change on previous year | -14.1% |
| 1989 | 11.37 % change on previous year | -10.6% |
| 1990 | 13.33 % change on previous year | +17.3% |
| 1991 | -0.5782 % change on previous year | -104.3% |
| 1992 | 13.49 % change on previous year | -2432.8% |
| 1993 | 2.5 % change on previous year | -81.5% |
| 1994 | 10.33 % change on previous year | +313.2% |
| 1995 | 14.8 % change on previous year | +43.2% |
| 1996 | 7.31 % change on previous year | -50.6% |
| 1997 | 3.75 % change on previous year | -48.7% |
| 1998 | 5.72 % change on previous year | +52.6% |
| 1999 | 5.8 % change on previous year | +1.4% |
| 2000 | 5.25 % change on previous year | -9.6% |
| 2001 | 2.37 % change on previous year | -54.7% |
| 2002 | 3.52 % change on previous year | +48.0% |
| 2003 | 14.82 % change on previous year | +321.5% |
| 2004 | 23.79 % change on previous year | +60.5% |
| 2005 | 11.07 % change on previous year | -53.5% |
| 2006 | 9.29 % change on previous year | -16.1% |
| 2007 | 25.18 % change on previous year | +171.2% |
| 2008 | 18.63 % change on previous year | -26.0% |
| 2009 | -8.71 % change on previous year | -146.7% |
| 2010 | 4.18 % change on previous year | -148.0% |
| 2011 | 12.21 % change on previous year | +192.4% |
| 2012 | 0.9058 % change on previous year | -92.6% |
| 2013 | 8.32 % change on previous year | +819.0% |
| 2014 | 7.28 % change on previous year | -12.6% |
| 2015 | -4.07 % change on previous year | -155.9% |
| 2016 | 7.03 % change on previous year | -272.7% |
| 2017 | 6.79 % change on previous year | -3.5% |
| 2018 | 11.8 % change on previous year | +73.9% |
| 2019 | 5.25 % change on previous year | -55.5% |
| 2020 | -23.28 % change on previous year | -543.7% |
| 2021 | 29.82 % change on previous year | -228.1% |
| 2022 | 25.13 % change on previous year | -15.7% |
| 2023 | 12.29 % change on previous year | -51.1% |
| 2024 | 7.65 % change on previous year | -37.8% |
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Small states changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +2432.8% | -0.5782 % change on previous year | 13.49 % change on previous year |
| 2013 | +819.0% | 0.9058 % change on previous year | 8.32 % change on previous year |
| 1984 | +605.1% | -1.35 % change on previous year | 6.81 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.85 % change on previous year | 18.25 % change on previous year | 24.76 % change on previous year | 3 |
| 1980s | 9.55 % change on previous year | -1.35 % change on previous year | 19.75 % change on previous year | 10 |
| 1990s | 7.65 % change on previous year | -0.5782 % change on previous year | 14.8 % change on previous year | 10 |
| 2000s | 10.52 % change on previous year | -8.71 % change on previous year | 25.18 % change on previous year | 10 |
| 2010s | 5.97 % change on previous year | -4.07 % change on previous year | 12.21 % change on previous year | 10 |
| 2020s | 10.32 % change on previous year | -23.28 % change on previous year | 29.82 % change on previous year | 5 |
Countries ranked near Small states
- 31 Cote d'Ivoire 21.99 % change on previous year compare
- 32 Ireland 21.9 % change on previous year compare
- 33 Botswana 20.58 % change on previous year compare
- 34 Albania 20.22 % change on previous year compare
- 35 Namibia 20.15 % change on previous year compare
- 36 Morocco 18.72 % change on previous year compare
- 37 Lithuania 18.41 % change on previous year compare
More economy & growth data for Small states
- General government final consumption expenditure (constant 2015 US$) 2.06 % change on previous year (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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 320.27 million BoP, current US$ (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)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.35 billion BoP, current US$ (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Small states?
- Service exports (bop, current us$), annual growth rate in Small states was 7.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Small states?
- The highest recorded value was 29.82 % change on previous year in 2021.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Small states?
- The lowest recorded value was -23.28 % change on previous year in 2020.
- How does Small states rank for service exports (bop, current us$), annual growth rate?
- Small states ranks 34th out of 45 groups with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Small states?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is volatile.
- Where does this Small states data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). 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.