Trade in services in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Trade in services was 6.2% in 2025. ▼ Falling
Trade in services in East Asia & Pacific (IDA & IBRD countries), 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 6.2% for trade in services in 2025.
The figure is down 7.0% on the previous year and down 14.9% over ten years.
Over the whole period, trade in services in East Asia & Pacific (IDA & IBRD countries) peaked at 13.7% in 1997 and was at its lowest, 4.6%, in 2021.
East Asia & Pacific (IDA & IBRD countries) ranks 46th of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Trade in services in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 5.6% | — |
| 1983 | 5.5% | -2.0% |
| 1984 | 5.3% | -4.1% |
| 1985 | 5.0% | -5.0% |
| 1986 | 5.2% | +4.5% |
| 1987 | 6.0% | +14.3% |
| 1988 | 6.3% | +5.4% |
| 1989 | 6.5% | +3.3% |
| 1990 | 7.3% | +11.3% |
| 1991 | 7.6% | +5.1% |
| 1992 | 9.0% | +17.3% |
| 1993 | 10.0% | +11.2% |
| 1994 | 10.6% | +6.6% |
| 1995 | 11.0% | +3.8% |
| 1996 | 10.9% | -1.3% |
| 1997 | 13.7% | +26.4% |
| 1998 | 12.8% | -7.0% |
| 1999 | 12.0% | -5.9% |
| 2000 | 12.5% | +3.6% |
| 2001 | 12.4% | -0.4% |
| 2002 | 12.5% | +1.1% |
| 2003 | 9.6% | -23.3% |
| 2004 | 10.8% | +12.0% |
| 2005 | 10.1% | -6.0% |
| 2006 | 9.6% | -4.8% |
| 2007 | 9.8% | +2.2% |
| 2008 | 9.2% | -6.9% |
| 2009 | 7.7% | -16.0% |
| 2010 | 7.7% | +0.4% |
| 2011 | 7.5% | -2.4% |
| 2012 | 7.3% | -3.4% |
| 2013 | 7.3% | -0.5% |
| 2014 | 7.6% | +4.9% |
| 2015 | 7.3% | -4.3% |
| 2016 | 7.2% | -1.1% |
| 2017 | 7.0% | -2.7% |
| 2018 | 7.0% | -0.7% |
| 2019 | 6.6% | -5.5% |
| 2020 | 4.8% | -27.4% |
| 2021 | 4.6% | -3.8% |
| 2022 | 5.1% | +11.8% |
| 2023 | 5.9% | +15.3% |
| 2024 | 6.7% | +12.6% |
| 2025 | 6.2% | -7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.7% | 5.0% | 6.5% | 8 |
| 1990s | 10.5% | 7.3% | 13.7% | 10 |
| 2000s | 10.4% | 7.7% | 12.5% | 10 |
| 2010s | 7.2% | 6.6% | 7.7% | 10 |
| 2020s | 5.5% | 4.6% | 6.7% | 6 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Exports of goods and services (current US$), annual growth rate 8.57 % change on previous year (2025)
- Services, value added 12.48 trillion constant 2015 US$ (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Services, value added 56.5% (2025)
- Gross national expenditure (current US$), per capita 10,238 current US$ per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.68 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9286 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 10,183 constant 2015 US$ per person (2025)
- Gross capital formation (current US$), annual growth rate 1.28 % change on previous year (2024)
- Gross fixed capital formation (current US$), per capita 3,958 current US$ per person (2024)
Frequently asked questions
- What is trade in services in East Asia & Pacific (IDA & IBRD countries)?
- Trade in services in East Asia & Pacific (IDA & IBRD countries) was 6.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 13.7% in 1997.
- What is the lowest trade in services recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 4.6% in 2021.
- How does East Asia & Pacific (IDA & IBRD countries) rank for trade in services?
- East Asia & Pacific (IDA & IBRD countries) ranks 46th out of 47 groups with data for 2025.
- Is trade in services rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is down 14.9%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.
Download this data
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About this data
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.