Service imports in Least developed countries: UN classification
Least developed countries: UN classification: Service imports was 86.93 billion BoP, current US$ in 2024. ◆ Volatile
Service imports in Least developed countries: UN classification, 1985–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service imports in Least developed countries: UN classification stood at 86.93 billion BoP, current US$. That is the highest value across all 40 years on record.
That represents a change of up 3.9% on the previous year and up 5.4% over ten years.
Over the whole period, service imports in Least developed countries: UN classification peaked at 86.93 billion BoP, current US$ in 2024 and was at its lowest, 6.53 billion BoP, current US$, in 1985.
That places Least developed countries: UN classification 39th out of 48 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.54 billion BoP, current US$ | 6.53 billion BoP, current US$ | 8.96 billion BoP, current US$ | 5 |
| 1990s | 12.22 billion BoP, current US$ | 10.14 billion BoP, current US$ | 14.13 billion BoP, current US$ | 10 |
| 2000s | 29.25 billion BoP, current US$ | 14.39 billion BoP, current US$ | 57.02 billion BoP, current US$ | 10 |
| 2010s | 69.98 billion BoP, current US$ | 56.74 billion BoP, current US$ | 82.51 billion BoP, current US$ | 10 |
| 2020s | 77.72 billion BoP, current US$ | 61.93 billion BoP, current US$ | 86.93 billion BoP, current US$ | 5 |
Countries ranked near Least developed countries: UN classification
- 36 Philippines 38.24 billion BoP, current US$ compare
- 37 Romania 35.91 billion BoP, current US$ compare
- 38 Vietnam 35.60 billion BoP, current US$ compare
- 39 Qatar 31.35 billion BoP, current US$ compare
- 40 Greece 31.14 billion BoP, current US$ compare
- 41 Iraq 30.22 billion BoP, current US$ compare
- 42 Hungary 29.85 billion BoP, current US$ compare
More economy & growth data for Least developed countries: UN classification
- Final consumption expenditure 1.35 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 2.3% (2025)
- Manufacturing, value added 233.76 billion current US$ (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Households and NPISHs final consumption expenditure 71.8% (2025)
- Final consumption expenditure 4.8% (2025)
- Gross national expenditure 1.62 trillion constant 2015 US$ (2025)
- Gross national expenditure 1.78 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure per capita 843.26 constant 2015 US$ (2025)
- Final consumption expenditure 1.16 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is service imports in Least developed countries: UN classification?
- Service imports in Least developed countries: UN classification was 86.93 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 imports recorded in Least developed countries: UN classification?
- The highest recorded value was 86.93 billion BoP, current US$ in 2024.
- What is the lowest service imports recorded in Least developed countries: UN classification?
- The lowest recorded value was 6.53 billion BoP, current US$ in 1985.
- How does Least developed countries: UN classification rank for service imports?
- Least developed countries: UN classification ranks 39th out of 48 groups with data for 2024.
- Is service imports rising or falling in Least developed countries: UN classification?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is volatile.
- Where does this Least developed countries: UN classification data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to 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.