Service exports in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Service exports was 52.77 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
52.77 billion BoP, current US$
Change on year
up 6.5%
Rank
37th
of 43 groups
All-time high
52.77 billion BoP, current US$
in 2024
All-time low
1.92 billion BoP, current US$
in 1977
Years of data
48
1977–2024
Service exports in Heavily indebted poor countries (HIPC), 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Heavily indebted poor countries (HIPC) stood at 52.77 billion BoP, current US$. That is the highest value across all 48 years on record.
That represents a change of up 6.5% on the previous year and up 61.3% over ten years.
Over the whole period, service exports in Heavily indebted poor countries (HIPC) peaked at 52.77 billion BoP, current US$ in 2024 and was at its lowest, 1.92 billion BoP, current US$, in 1977.
That places Heavily indebted poor countries (HIPC) 37th out of 43 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Heavily indebted poor countries (HIPC), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 1.92 billion BoP, current US$ | — |
| 1978 | 2.32 billion BoP, current US$ | +21.2% |
| 1979 | 2.86 billion BoP, current US$ | +23.3% |
| 1980 | 3.37 billion BoP, current US$ | +17.7% |
| 1981 | 3.65 billion BoP, current US$ | +8.4% |
| 1982 | 3.43 billion BoP, current US$ | -6.2% |
| 1983 | 3.09 billion BoP, current US$ | -9.7% |
| 1984 | 3.04 billion BoP, current US$ | -1.8% |
| 1985 | 3.49 billion BoP, current US$ | +14.9% |
| 1986 | 3.39 billion BoP, current US$ | -2.8% |
| 1987 | 3.70 billion BoP, current US$ | +9.2% |
| 1988 | 3.87 billion BoP, current US$ | +4.6% |
| 1989 | 4.06 billion BoP, current US$ | +5.0% |
| 1990 | 4.25 billion BoP, current US$ | +4.6% |
| 1991 | 4.09 billion BoP, current US$ | -3.8% |
| 1992 | 4.40 billion BoP, current US$ | +7.6% |
| 1993 | 4.71 billion BoP, current US$ | +7.0% |
| 1994 | 4.83 billion BoP, current US$ | +2.6% |
| 1995 | 5.58 billion BoP, current US$ | +15.5% |
| 1996 | 5.94 billion BoP, current US$ | +6.5% |
| 1997 | 6.30 billion BoP, current US$ | +6.1% |
| 1998 | 7.08 billion BoP, current US$ | +12.4% |
| 1999 | 7.67 billion BoP, current US$ | +8.3% |
| 2000 | 8.40 billion BoP, current US$ | +9.5% |
| 2001 | 9.44 billion BoP, current US$ | +12.4% |
| 2002 | 10.34 billion BoP, current US$ | +9.5% |
| 2003 | 10.52 billion BoP, current US$ | +1.7% |
| 2004 | 12.90 billion BoP, current US$ | +22.6% |
| 2005 | 14.98 billion BoP, current US$ | +16.1% |
| 2006 | 16.69 billion BoP, current US$ | +11.4% |
| 2007 | 20.01 billion BoP, current US$ | +19.9% |
| 2008 | 23.45 billion BoP, current US$ | +17.2% |
| 2009 | 22.14 billion BoP, current US$ | -5.6% |
| 2010 | 23.32 billion BoP, current US$ | +5.3% |
| 2011 | 28.95 billion BoP, current US$ | +24.1% |
| 2012 | 30.94 billion BoP, current US$ | +6.9% |
| 2013 | 31.07 billion BoP, current US$ | +0.4% |
| 2014 | 32.72 billion BoP, current US$ | +5.3% |
| 2015 | 35.27 billion BoP, current US$ | +7.8% |
| 2016 | 34.87 billion BoP, current US$ | -1.1% |
| 2017 | 37.06 billion BoP, current US$ | +6.3% |
| 2018 | 41.63 billion BoP, current US$ | +12.3% |
| 2019 | 44.69 billion BoP, current US$ | +7.4% |
| 2020 | 31.47 billion BoP, current US$ | -29.6% |
| 2021 | 38.52 billion BoP, current US$ | +22.4% |
| 2022 | 44.54 billion BoP, current US$ | +15.6% |
| 2023 | 49.56 billion BoP, current US$ | +11.3% |
| 2024 | 52.77 billion BoP, current US$ | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.37 billion BoP, current US$ | 1.92 billion BoP, current US$ | 2.86 billion BoP, current US$ | 3 |
| 1980s | 3.51 billion BoP, current US$ | 3.04 billion BoP, current US$ | 4.06 billion BoP, current US$ | 10 |
| 1990s | 5.48 billion BoP, current US$ | 4.09 billion BoP, current US$ | 7.67 billion BoP, current US$ | 10 |
| 2000s | 14.89 billion BoP, current US$ | 8.40 billion BoP, current US$ | 23.45 billion BoP, current US$ | 10 |
| 2010s | 34.05 billion BoP, current US$ | 23.32 billion BoP, current US$ | 44.69 billion BoP, current US$ | 10 |
| 2020s | 43.37 billion BoP, current US$ | 31.47 billion BoP, current US$ | 52.77 billion BoP, current US$ | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 34 Philippines 51.49 billion BoP, current US$ compare
- 35 Romania 50.06 billion BoP, current US$ compare
- 36 Czechia 47.54 billion BoP, current US$ compare
- 37 Russian Federation 46.27 billion BoP, current US$ compare
- 38 Finland 43.65 billion BoP, current US$ compare
- 39 Hungary 43.11 billion BoP, current US$ compare
- 40 Indonesia 42.52 billion BoP, current US$ compare
More economy & growth data for Heavily indebted poor countries (HIPC)
- Final consumption expenditure 1.01 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 2.1% (2025)
- Manufacturing, value added 127.53 billion current US$ (2025)
- Agriculture, forestry, and fishing, value added 5.2% (2025)
- Households and NPISHs final consumption expenditure 67.4% (2025)
- Final consumption expenditure 5.1% (2025)
- Gross national expenditure 1.15 trillion constant 2015 US$ (2025)
- Gross national expenditure 1.29 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure per capita 714.96 constant 2015 US$ (2025)
- Final consumption expenditure 803.08 billion constant 2015 US$ (2025)
Frequently asked questions
- What is service exports in Heavily indebted poor countries (HIPC)?
- Service exports in Heavily indebted poor countries (HIPC) was 52.77 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 Heavily indebted poor countries (HIPC)?
- The highest recorded value was 52.77 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 1.92 billion BoP, current US$ in 1977.
- How does Heavily indebted poor countries (HIPC) rank for service exports?
- Heavily indebted poor countries (HIPC) ranks 37th out of 43 groups with data for 2024.
- Is service exports rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 61.3%. The long-run trend across the full record is volatile.
- Where does this Heavily indebted poor countries (HIPC) 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.