Trade in services in Africa Western and Central

Africa Western and Central: Trade in services was 11.4% in 2024. ▬ Flat

Latest (2024)
11.4%
Change on year
up 31.4%
Rank
24th
of 47 groups
All-time high
12.6%
in 1978
All-time low
3.4%
in 1998
Years of data
48
1977–2024

Trade in services in Africa Western and Central, 1977–2024

4681012197720002024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Africa Western and Central recorded 11.4% for trade in services in 2024.

That represents a change of up 31.4% on the previous year and up 49.9% over ten years.

Over the whole period, trade in services in Africa Western and Central peaked at 12.6% in 1978 and was at its lowest, 3.4%, in 1998.

Africa Western and Central ranks 24th of 47 groups on this measure, in the middle of the range.

Trade in services in Africa Western and Central, year by year

Annual values for Trade in services (% of GDP) in Africa Western and Central, 1977 to 2024.
Year % of GDP Change
1977 11.8%
1978 12.6% +6.4%
1979 11.5% -8.9%
1980 12.0% +4.4%
1981 6.0% -50.3%
1982 5.4% -8.6%
1983 6.4% +18.3%
1984 6.9% +7.3%
1985 7.2% +3.9%
1986 7.8% +8.8%
1987 7.7% -1.3%
1988 8.2% +6.2%
1989 9.8% +19.9%
1990 10.0% +2.0%
1991 9.7% -2.8%
1992 9.9% +1.5%
1993 10.0% +1.4%
1994 8.4% -16.2%
1995 4.5% -46.2%
1996 4.0% -11.1%
1997 3.5% -13.4%
1998 3.4% -3.7%
1999 10.6% +217.8%
2000 10.8% +1.1%
2001 11.7% +8.3%
2002 10.7% -8.5%
2003 10.8% +0.8%
2004 9.9% -7.5%
2005 8.7% -12.6%
2006 9.6% +10.4%
2007 9.9% +3.6%
2008 10.3% +3.1%
2009 10.0% -2.7%
2010 9.1% -8.3%
2011 9.3% +1.7%
2012 8.6% -7.5%
2013 7.8% -9.7%
2014 7.6% -2.1%
2015 8.5% +11.5%
2016 8.1% -4.5%
2017 9.7% +20.5%
2018 11.0% +12.5%
2019 9.7% -11.7%
2020 7.5% -22.9%
2021 7.1% -5.5%
2022 7.1% +1.2%
2023 8.7% +21.3%
2024 11.4% +31.4%

Biggest year-on-year movements

Years where Trade in services in Africa Western and Central changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1999 +217.8% 3.4% 10.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.0% 11.5% 12.6% 3
1980s 7.7% 5.4% 12.0% 10
1990s 7.4% 3.4% 10.6% 10
2000s 10.2% 8.7% 11.7% 10
2010s 8.9% 7.6% 11.0% 10
2020s 8.3% 7.1% 11.4% 5

Countries ranked near Africa Western and Central

  1. 21 Curaçao 75.6% compare
  2. 22 Lebanon 72.5% compare
  3. 23 Turks and Caicos Islands 68.1% compare
  4. 24 Saint Kitts and Nevis 66.5% compare
  5. 25 Bahrain 62.3% compare
  6. 26 Denmark 59.9% compare
  7. 27 Estonia 58.8% compare

See the full ranking of 247 places →

More economy & growth data for Africa Western and Central

All data for Africa Western and Central →

Frequently asked questions

What is trade in services in Africa Western and Central?
Trade in services in Africa Western and Central was 11.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest trade in services recorded in Africa Western and Central?
The highest recorded value was 12.6% in 1978.
What is the lowest trade in services recorded in Africa Western and Central?
The lowest recorded value was 3.4% in 1998.
How does Africa Western and Central rank for trade in services?
Africa Western and Central ranks 24th out of 47 groups with data for 2024.
Is trade in services rising or falling in Africa Western and Central?
Over the last ten years it is up 49.9%. The long-run trend across the full record is flat.
Where does this Africa Western and Central data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.

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Trade in services in Africa Western and Central. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://economy.statizoid.com/stat/trade-in-services-percent-of-gdp/africa-western-and-central/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 9,893 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.