Service exports in Small states
Small states: Service exports was 122.43 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Small states, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Small states stood at 122.43 billion BoP, current US$. That is the highest value across all 49 years on record.
The figure is up 7.7% on the previous year and up 94.4% over ten years.
Over the whole period, service exports in Small states peaked at 122.43 billion BoP, current US$ in 2024 and was at its lowest, 1.98 billion BoP, current US$, in 1976.
That places Small states 31st out of 46 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.65 billion BoP, current US$ | 1.98 billion BoP, current US$ | 3.48 billion BoP, current US$ | 4 |
| 1980s | 5.58 billion BoP, current US$ | 4.17 billion BoP, current US$ | 8.52 billion BoP, current US$ | 10 |
| 1990s | 13.30 billion BoP, current US$ | 9.60 billion BoP, current US$ | 17.62 billion BoP, current US$ | 10 |
| 2000s | 31.13 billion BoP, current US$ | 18.54 billion BoP, current US$ | 50.34 billion BoP, current US$ | 10 |
| 2010s | 63.01 billion BoP, current US$ | 47.87 billion BoP, current US$ | 81.26 billion BoP, current US$ | 10 |
| 2020s | 96.14 billion BoP, current US$ | 62.35 billion BoP, current US$ | 122.43 billion BoP, current US$ | 5 |
Countries ranked near Small states
- 28 Mexico 63.97 billion BoP, current US$ compare
- 29 Norway 63.45 billion BoP, current US$ compare
- 30 Portugal 62.69 billion BoP, current US$ compare
- 31 Greece 55.79 billion BoP, current US$ compare
- 32 Brazil 54.42 billion BoP, current US$ compare
- 33 Malaysia 53.40 billion BoP, current US$ compare
- 34 Philippines 51.49 billion BoP, current US$ compare
More economy & growth data for Small states
- Gross national expenditure 340.52 billion current US$ (2025)
- Households and NPISHs final consumption expenditure 57.1% (2025)
- Final consumption expenditure 262.00 billion current US$ (2025)
- Final consumption expenditure 196.75 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.5% (2025)
- Exports of goods and services 252.77 billion current US$ (2025)
- Exports of goods and services 3.1% (2025)
- Exports of goods and services 206.38 billion constant 2015 US$ (2025)
- Manufacturing, value added 7.8% (2024)
- Gross national expenditure 253.87 billion constant 2015 US$ (2025)
Frequently asked questions
- What is service exports in Small states?
- Service exports in Small states was 122.43 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 Small states?
- The highest recorded value was 122.43 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Small states?
- The lowest recorded value was 1.98 billion BoP, current US$ in 1976.
- How does Small states rank for service exports?
- Small states ranks 31st out of 46 groups with data for 2024.
- Is service exports rising or falling in Small states?
- Over the last ten years it is up 94.4%. The long-run trend across the full record is volatile.
- Where does this 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.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.