Service exports in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Service exports was 479.20 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Europe & Central Asia (IDA & IBRD countries), 1994–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Europe & Central Asia (IDA & IBRD countries) stood at 479.20 billion BoP, current US$. That is the highest value across all 31 years on record.
The figure is up 8.2% on the previous year and up 67.9% over ten years.
Over the whole period, service exports in Europe & Central Asia (IDA & IBRD countries) peaked at 479.20 billion BoP, current US$ in 2024 and was at its lowest, 37.07 billion BoP, current US$, in 1994.
Europe & Central Asia (IDA & IBRD countries) ranks 20th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1994 | 37.07 billion BoP, current US$ | — |
| 1995 | 48.56 billion BoP, current US$ | +31.0% |
| 1996 | 52.42 billion BoP, current US$ | +8.0% |
| 1997 | 60.27 billion BoP, current US$ | +15.0% |
| 1998 | 64.85 billion BoP, current US$ | +7.6% |
| 1999 | 53.28 billion BoP, current US$ | -17.8% |
| 2000 | 61.09 billion BoP, current US$ | +14.7% |
| 2001 | 59.44 billion BoP, current US$ | -2.7% |
| 2002 | 63.60 billion BoP, current US$ | +7.0% |
| 2003 | 77.48 billion BoP, current US$ | +21.8% |
| 2004 | 99.38 billion BoP, current US$ | +28.3% |
| 2005 | 123.80 billion BoP, current US$ | +24.6% |
| 2006 | 142.70 billion BoP, current US$ | +15.3% |
| 2007 | 177.47 billion BoP, current US$ | +24.4% |
| 2008 | 220.30 billion BoP, current US$ | +24.1% |
| 2009 | 185.61 billion BoP, current US$ | -15.7% |
| 2010 | 196.42 billion BoP, current US$ | +5.8% |
| 2011 | 227.86 billion BoP, current US$ | +16.0% |
| 2012 | 246.08 billion BoP, current US$ | +8.0% |
| 2013 | 282.64 billion BoP, current US$ | +14.9% |
| 2014 | 285.41 billion BoP, current US$ | +1.0% |
| 2015 | 250.74 billion BoP, current US$ | -12.1% |
| 2016 | 248.86 billion BoP, current US$ | -0.8% |
| 2017 | 286.38 billion BoP, current US$ | +15.1% |
| 2018 | 324.13 billion BoP, current US$ | +13.2% |
| 2019 | 337.62 billion BoP, current US$ | +4.2% |
| 2020 | 256.25 billion BoP, current US$ | -24.1% |
| 2021 | 334.22 billion BoP, current US$ | +30.4% |
| 2022 | 399.61 billion BoP, current US$ | +19.6% |
| 2023 | 442.84 billion BoP, current US$ | +10.8% |
| 2024 | 479.20 billion BoP, current US$ | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.74 billion BoP, current US$ | 37.07 billion BoP, current US$ | 64.85 billion BoP, current US$ | 6 |
| 2000s | 121.09 billion BoP, current US$ | 59.44 billion BoP, current US$ | 220.30 billion BoP, current US$ | 10 |
| 2010s | 268.61 billion BoP, current US$ | 196.42 billion BoP, current US$ | 337.62 billion BoP, current US$ | 10 |
| 2020s | 382.42 billion BoP, current US$ | 256.25 billion BoP, current US$ | 479.20 billion BoP, current US$ | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 17 Republic of Korea 150.14 billion BoP, current US$ compare
- 18 Sweden 131.88 billion BoP, current US$ compare
- 19 Poland 130.95 billion BoP, current US$ compare
- 20 Denmark 128.90 billion BoP, current US$ compare
- 21 Türkiye 117.19 billion BoP, current US$ compare
- 22 Hong Kong, China 108.59 billion BoP, current US$ compare
- 23 Austria 105.49 billion BoP, current US$ compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- Industry (including construction), value added 2.7% (2025)
- Agriculture, forestry, and fishing, value added 239.87 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added -0.9% (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.65 % change on previous year (2025)
- Manufacturing, value added 890.15 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8983 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 1.90 trillion current US$ (2025)
- Industry (including construction), value added 1.42 trillion constant 2015 US$ (2025)
- Services, value added 58.7% (2025)
- Services, value added 2.85 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is service exports in Europe & Central Asia (IDA & IBRD countries)?
- Service exports in Europe & Central Asia (IDA & IBRD countries) was 479.20 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 479.20 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 37.07 billion BoP, current US$ in 1994.
- How does Europe & Central Asia (IDA & IBRD countries) rank for service exports?
- Europe & Central Asia (IDA & IBRD countries) ranks 20th out of 45 groups with data for 2024.
- Is service exports rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 67.9%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.