Trade in services in East Asia & Pacific
East Asia & Pacific: Trade in services was 10.7% in 2025. ▲ Rising
Trade in services in East Asia & Pacific, 1996–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
East Asia & Pacific recorded 10.7% for trade in services in 2025.
Compared with earlier readings it is down 6.0% on the previous year and up 3.3% over ten years.
Over the whole period, trade in services in East Asia & Pacific peaked at 11.4% in 2024 and was at its lowest, 6.8%, in 1996.
That places East Asia & Pacific 31st out of 47 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Trade in services in East Asia & Pacific, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 6.8% | — |
| 1997 | 7.8% | +14.7% |
| 1998 | 8.6% | +10.1% |
| 1999 | 8.0% | -7.3% |
| 2000 | 8.2% | +2.4% |
| 2001 | 8.7% | +6.6% |
| 2002 | 9.2% | +5.6% |
| 2003 | 8.5% | -7.8% |
| 2004 | 9.5% | +11.5% |
| 2005 | 9.7% | +2.0% |
| 2006 | 10.2% | +5.7% |
| 2007 | 11.0% | +8.0% |
| 2008 | 11.1% | +0.3% |
| 2009 | 9.5% | -13.8% |
| 2010 | 9.7% | +1.8% |
| 2011 | 9.6% | -1.4% |
| 2012 | 9.6% | +0.4% |
| 2013 | 10.0% | +3.9% |
| 2014 | 10.6% | +6.2% |
| 2015 | 10.3% | -2.6% |
| 2016 | 10.1% | -2.5% |
| 2017 | 10.1% | +0.5% |
| 2018 | 10.2% | +1.1% |
| 2019 | 10.1% | -1.6% |
| 2020 | 7.9% | -21.9% |
| 2021 | 7.9% | +0.5% |
| 2022 | 9.0% | +14.1% |
| 2023 | 10.3% | +13.5% |
| 2024 | 11.4% | +10.8% |
| 2025 | 10.7% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.8% | 6.8% | 8.6% | 4 |
| 2000s | 9.6% | 8.2% | 11.1% | 10 |
| 2010s | 10.0% | 9.6% | 10.6% | 10 |
| 2020s | 9.5% | 7.9% | 11.4% | 6 |
Countries ranked near East Asia & Pacific
More economy & growth data for East Asia & Pacific
- Manufacturing, value added (current US$), per unit of GDP 0.223 current US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,646 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.97 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2845 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 4,005 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.01 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0547 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 769.41 constant 2015 US$ per person (2025)
- Inflation, GDP deflator 2.5% (2025)
- Industry (including construction), value added (constant 2015 US$) 4.26 % change on previous year (2025)
Frequently asked questions
- What is trade in services in East Asia & Pacific?
- Trade in services in East Asia & Pacific was 10.7% 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?
- The highest recorded value was 11.4% in 2024.
- What is the lowest trade in services recorded in East Asia & Pacific?
- The lowest recorded value was 6.8% in 1996.
- How does East Asia & Pacific rank for trade in services?
- East Asia & Pacific ranks 31st out of 47 groups with data for 2025.
- Is trade in services rising or falling in East Asia & Pacific?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific 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
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.