Trade in services (% of GDP) in Euro area
Euro area: Trade in services (% of GDP) was 32.1% in 2025. ▲ Rising
Trade in services in Euro area, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Euro area stood at 32.1%.
Compared with earlier readings it is down 1.4% on the previous year and up 28.7% over ten years.
Over the whole period, trade in services in Euro area peaked at 32.5% in 2024 and was at its lowest, 7.8%, in 1975.
That places Euro area 5th out of 47 groups with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 51 years of available data.
Trade in services (% of GDP) in Euro area, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 7.8% | — |
| 1976 | 8.4% | +7.4% |
| 1977 | 8.6% | +3.0% |
| 1978 | 8.7% | +1.6% |
| 1979 | 8.8% | +0.2% |
| 1980 | 9.5% | +8.1% |
| 1981 | 10.3% | +8.6% |
| 1982 | 10.1% | -1.5% |
| 1983 | 9.8% | -2.8% |
| 1984 | 10.1% | +2.3% |
| 1985 | 10.3% | +1.9% |
| 1986 | 9.3% | -9.6% |
| 1987 | 9.1% | -1.6% |
| 1988 | 9.0% | -1.5% |
| 1989 | 9.3% | +3.7% |
| 1990 | 9.6% | +2.6% |
| 1991 | 9.4% | -1.5% |
| 1992 | 10.0% | +6.1% |
| 1993 | 10.4% | +4.1% |
| 1994 | 10.2% | -2.4% |
| 1995 | 10.2% | +0.2% |
| 1996 | 10.3% | +1.0% |
| 1997 | 11.1% | +7.9% |
| 1998 | 11.5% | +3.3% |
| 1999 | 12.8% | +11.3% |
| 2000 | 13.8% | +8.5% |
| 2001 | 14.1% | +2.0% |
| 2002 | 14.6% | +3.5% |
| 2003 | 14.0% | -4.0% |
| 2004 | 14.7% | +5.0% |
| 2005 | 16.5% | +11.9% |
| 2006 | 17.1% | +3.5% |
| 2007 | 17.6% | +2.9% |
| 2008 | 18.1% | +3.1% |
| 2009 | 17.5% | -3.2% |
| 2010 | 18.5% | +5.6% |
| 2011 | 19.2% | +3.9% |
| 2012 | 20.4% | +6.2% |
| 2013 | 21.6% | +5.7% |
| 2014 | 22.9% | +5.8% |
| 2015 | 24.9% | +9.1% |
| 2016 | 25.1% | +0.8% |
| 2017 | 26.3% | +4.6% |
| 2018 | 26.7% | +1.7% |
| 2019 | 28.7% | +7.5% |
| 2020 | 26.6% | -7.5% |
| 2021 | 27.6% | +3.8% |
| 2022 | 31.1% | +12.9% |
| 2023 | 31.0% | -0.5% |
| 2024 | 32.5% | +5.0% |
| 2025 | 32.1% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.5% | 7.8% | 8.8% | 5 |
| 1980s | 9.7% | 9.0% | 10.3% | 10 |
| 1990s | 10.5% | 9.4% | 12.8% | 10 |
| 2000s | 15.8% | 13.8% | 18.1% | 10 |
| 2010s | 23.5% | 18.5% | 28.7% | 10 |
| 2020s | 30.2% | 26.6% | 32.5% | 6 |
Countries ranked near Euro area
More economy & growth data for Euro area
- Foreign direct investment, net outflows (BoP, current US$), per capita 684.21 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0136 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.47 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 37,260 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.742 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,341 constant 2015 US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 84.93 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4051 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.5677 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 8.5 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Euro area?
- Trade in services in Euro area was 32.1% 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 Euro area?
- The highest recorded value was 32.5% in 2024.
- What is the lowest trade in services recorded in Euro area?
- The lowest recorded value was 7.8% in 1975.
- How does Euro area rank for trade in services?
- Euro area ranks 5th out of 47 groups with data for 2025.
- Is trade in services rising or falling in Euro area?
- Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
- Where does this Euro area 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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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.