Service exports in Pacific island small states
Pacific island small states: Service exports was 3.05 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
3.05 billion BoP, current US$
Change on year
up 5.2%
Rank
43rd
of 43 groups
All-time high
3.05 billion BoP, current US$
in 2024
All-time low
260.49 million BoP, current US$
in 1979
Years of data
46
1979–2024
Service exports in Pacific island small states, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Pacific island small states recorded 3.05 billion BoP, current US$ for service exports in 2024. That is the highest value across all 46 years on record.
That represents a change of up 5.2% on the previous year and up 34.8% over ten years.
Over the whole period, service exports in Pacific island small states peaked at 3.05 billion BoP, current US$ in 2024 and was at its lowest, 260.49 million BoP, current US$, in 1979.
Pacific island small states ranks 43rd of 43 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Pacific island small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 260.49 million BoP, current US$ | — |
| 1980 | 288.24 million BoP, current US$ | +10.7% |
| 1981 | 315.65 million BoP, current US$ | +9.5% |
| 1982 | 340.40 million BoP, current US$ | +7.8% |
| 1983 | 359.35 million BoP, current US$ | +5.6% |
| 1984 | 356.21 million BoP, current US$ | -0.9% |
| 1985 | 384.27 million BoP, current US$ | +7.9% |
| 1986 | 376.80 million BoP, current US$ | -1.9% |
| 1987 | 326.68 million BoP, current US$ | -13.3% |
| 1988 | 392.05 million BoP, current US$ | +20.0% |
| 1989 | 538.08 million BoP, current US$ | +37.2% |
| 1990 | 630.99 million BoP, current US$ | +17.3% |
| 1991 | 647.23 million BoP, current US$ | +2.6% |
| 1992 | 687.46 million BoP, current US$ | +6.2% |
| 1993 | 722.33 million BoP, current US$ | +5.1% |
| 1994 | 811.44 million BoP, current US$ | +12.3% |
| 1995 | 854.57 million BoP, current US$ | +5.3% |
| 1996 | 946.93 million BoP, current US$ | +10.8% |
| 1997 | 1.02 billion BoP, current US$ | +8.2% |
| 1998 | 844.85 million BoP, current US$ | -17.6% |
| 1999 | 866.12 million BoP, current US$ | +2.5% |
| 2000 | 771.52 million BoP, current US$ | -10.9% |
| 2001 | 732.53 million BoP, current US$ | -5.1% |
| 2002 | 785.02 million BoP, current US$ | +7.2% |
| 2003 | 963.24 million BoP, current US$ | +22.7% |
| 2004 | 1.14 billion BoP, current US$ | +18.8% |
| 2005 | 1.39 billion BoP, current US$ | +21.4% |
| 2006 | 1.37 billion BoP, current US$ | -1.3% |
| 2007 | 1.49 billion BoP, current US$ | +8.8% |
| 2008 | 1.76 billion BoP, current US$ | +17.8% |
| 2009 | 1.45 billion BoP, current US$ | -17.4% |
| 2010 | 1.72 billion BoP, current US$ | +18.6% |
| 2011 | 1.98 billion BoP, current US$ | +15.0% |
| 2012 | 2.08 billion BoP, current US$ | +5.3% |
| 2013 | 2.21 billion BoP, current US$ | +6.3% |
| 2014 | 2.26 billion BoP, current US$ | +2.1% |
| 2015 | 2.20 billion BoP, current US$ | -2.8% |
| 2016 | 2.34 billion BoP, current US$ | +6.5% |
| 2017 | 2.50 billion BoP, current US$ | +6.7% |
| 2018 | 2.77 billion BoP, current US$ | +11.2% |
| 2019 | 2.72 billion BoP, current US$ | -1.8% |
| 2020 | 946.58 million BoP, current US$ | -65.2% |
| 2021 | 802.41 million BoP, current US$ | -15.2% |
| 2022 | 1.89 billion BoP, current US$ | +135.1% |
| 2023 | 2.90 billion BoP, current US$ | +53.5% |
| 2024 | 3.05 billion BoP, current US$ | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 260.49 million BoP, current US$ | 260.49 million BoP, current US$ | 260.49 million BoP, current US$ | 1 |
| 1980s | 367.77 million BoP, current US$ | 288.24 million BoP, current US$ | 538.08 million BoP, current US$ | 10 |
| 1990s | 803.67 million BoP, current US$ | 630.99 million BoP, current US$ | 1.02 billion BoP, current US$ | 10 |
| 2000s | 1.19 billion BoP, current US$ | 732.53 million BoP, current US$ | 1.76 billion BoP, current US$ | 10 |
| 2010s | 2.28 billion BoP, current US$ | 1.72 billion BoP, current US$ | 2.77 billion BoP, current US$ | 10 |
| 2020s | 1.92 billion BoP, current US$ | 802.41 million BoP, current US$ | 3.05 billion BoP, current US$ | 5 |
Countries ranked near Pacific island small states
- 40 Indonesia 42.52 billion BoP, current US$ compare
- 41 Macau, China 40.97 billion BoP, current US$ compare
- 42 Cyprus 35.73 billion BoP, current US$ compare
- 43 Egypt 34.07 billion BoP, current US$ compare
- 44 Morocco 33.64 billion BoP, current US$ compare
- 45 Lithuania 28.82 billion BoP, current US$ compare
- 46 Malta 25.03 billion BoP, current US$ compare
More economy & growth data for Pacific island small states
- Industry (including construction), value added 7.2% (2024)
- Trade in services 44.8% (2024)
- Manufacturing, value added 776.47 million constant 2015 US$ (2025)
- Manufacturing, value added 6.9% (2025)
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Industry (including construction), value added 1.49 billion constant 2015 US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Services, value added 56.8% (2024)
- Services, value added 3.3% (2024)
- Agriculture, forestry, and fishing, value added 2.3% (2024)
Frequently asked questions
- What is service exports in Pacific island small states?
- Service exports in Pacific island small states was 3.05 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 Pacific island small states?
- The highest recorded value was 3.05 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Pacific island small states?
- The lowest recorded value was 260.49 million BoP, current US$ in 1979.
- How does Pacific island small states rank for service exports?
- Pacific island small states ranks 43rd out of 43 groups with data for 2024.
- Is service exports rising or falling in Pacific island small states?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states 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.