Service imports (BoP, current US$) in Small states
Small states: Service imports (BoP, current US$) was 88.96 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
88.96 billion BoP, current US$
Change on year
up 9.4%
Rank
38th
of 47 groups
All-time high
88.96 billion BoP, current US$
in 2024
All-time low
1.30 billion BoP, current US$
in 1976
Years of data
49
1976–2024
Service imports in Small states, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Small states is 88.96 billion BoP, current US$, measured in 2024. That is the highest value across all 49 years on record.
The figure is up 9.4% on the previous year and up 98.4% over ten years.
Over the whole period, service imports in Small states peaked at 88.96 billion BoP, current US$ in 2024 and was at its lowest, 1.30 billion BoP, current US$, in 1976.
Small states ranks 38th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$) in Small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 1.30 billion BoP, current US$ | — |
| 1977 | 1.74 billion BoP, current US$ | +34.1% |
| 1978 | 2.05 billion BoP, current US$ | +18.1% |
| 1979 | 2.66 billion BoP, current US$ | +29.5% |
| 1980 | 3.24 billion BoP, current US$ | +21.8% |
| 1981 | 3.55 billion BoP, current US$ | +9.5% |
| 1982 | 3.87 billion BoP, current US$ | +9.2% |
| 1983 | 3.74 billion BoP, current US$ | -3.5% |
| 1984 | 3.78 billion BoP, current US$ | +1.0% |
| 1985 | 3.75 billion BoP, current US$ | -0.6% |
| 1986 | 4.05 billion BoP, current US$ | +7.9% |
| 1987 | 4.60 billion BoP, current US$ | +13.6% |
| 1988 | 4.92 billion BoP, current US$ | +7.1% |
| 1989 | 5.18 billion BoP, current US$ | +5.2% |
| 1990 | 6.00 billion BoP, current US$ | +15.9% |
| 1991 | 6.31 billion BoP, current US$ | +5.1% |
| 1992 | 6.84 billion BoP, current US$ | +8.4% |
| 1993 | 6.98 billion BoP, current US$ | +2.0% |
| 1994 | 7.49 billion BoP, current US$ | +7.3% |
| 1995 | 8.37 billion BoP, current US$ | +11.8% |
| 1996 | 8.98 billion BoP, current US$ | +7.2% |
| 1997 | 9.48 billion BoP, current US$ | +5.5% |
| 1998 | 10.40 billion BoP, current US$ | +9.7% |
| 1999 | 10.69 billion BoP, current US$ | +2.8% |
| 2000 | 11.61 billion BoP, current US$ | +8.6% |
| 2001 | 11.47 billion BoP, current US$ | -1.2% |
| 2002 | 11.74 billion BoP, current US$ | +2.3% |
| 2003 | 14.14 billion BoP, current US$ | +20.4% |
| 2004 | 17.95 billion BoP, current US$ | +27.0% |
| 2005 | 20.64 billion BoP, current US$ | +15.0% |
| 2006 | 22.87 billion BoP, current US$ | +10.8% |
| 2007 | 27.07 billion BoP, current US$ | +18.4% |
| 2008 | 33.43 billion BoP, current US$ | +23.5% |
| 2009 | 30.78 billion BoP, current US$ | -7.9% |
| 2010 | 32.51 billion BoP, current US$ | +5.6% |
| 2011 | 39.11 billion BoP, current US$ | +20.3% |
| 2012 | 40.29 billion BoP, current US$ | +3.0% |
| 2013 | 43.69 billion BoP, current US$ | +8.5% |
| 2014 | 44.83 billion BoP, current US$ | +2.6% |
| 2015 | 41.98 billion BoP, current US$ | -6.4% |
| 2016 | 44.06 billion BoP, current US$ | +5.0% |
| 2017 | 46.15 billion BoP, current US$ | +4.7% |
| 2018 | 51.92 billion BoP, current US$ | +12.5% |
| 2019 | 54.92 billion BoP, current US$ | +5.8% |
| 2020 | 51.70 billion BoP, current US$ | -5.9% |
| 2021 | 62.17 billion BoP, current US$ | +20.2% |
| 2022 | 75.59 billion BoP, current US$ | +21.6% |
| 2023 | 81.31 billion BoP, current US$ | +7.6% |
| 2024 | 88.96 billion BoP, current US$ | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.94 billion BoP, current US$ | 1.30 billion BoP, current US$ | 2.66 billion BoP, current US$ | 4 |
| 1980s | 4.07 billion BoP, current US$ | 3.24 billion BoP, current US$ | 5.18 billion BoP, current US$ | 10 |
| 1990s | 8.15 billion BoP, current US$ | 6.00 billion BoP, current US$ | 10.69 billion BoP, current US$ | 10 |
| 2000s | 20.17 billion BoP, current US$ | 11.47 billion BoP, current US$ | 33.43 billion BoP, current US$ | 10 |
| 2010s | 43.95 billion BoP, current US$ | 32.51 billion BoP, current US$ | 54.92 billion BoP, current US$ | 10 |
| 2020s | 71.95 billion BoP, current US$ | 51.70 billion BoP, current US$ | 88.96 billion BoP, current US$ | 5 |
Countries ranked near Small states
- 35 Czechia 42.90 billion BoP, current US$ compare
- 36 Vietnam 40.54 billion BoP, current US$ compare
- 37 Philippines 38.09 billion BoP, current US$ compare
- 38 Romania 35.91 billion BoP, current US$ compare
- 39 Greece 32.03 billion BoP, current US$ compare
- 40 Qatar 31.35 billion BoP, current US$ compare
- 41 Portugal 31.30 billion BoP, current US$ compare
More economy & growth data for Small states
- Households and NPISHs Final consumption expenditure (current US$) 9,468 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.06 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4415 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 10.3 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 7,320 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 3,407 current US$ per person (2025)
Frequently asked questions
- What is service imports in Small states?
- Service imports in Small states was 88.96 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 Small states?
- The highest recorded value was 88.96 billion BoP, current US$ in 2024.
- What is the lowest service imports recorded in Small states?
- The lowest recorded value was 1.30 billion BoP, current US$ in 1976.
- How does Small states rank for service imports?
- Small states ranks 38th out of 47 groups with data for 2024.
- Is service imports rising or falling in Small states?
- Over the last ten years it is up 98.4%. 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 imports (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
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.