Trade in services in Europe & Central Asia
Europe & Central Asia: Trade in services was 24.4% in 2025. ▲ Rising
Trade in services in Europe & Central Asia, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Europe & Central Asia is 24.4%, measured in 2025.
The figure is down 13.8% on the previous year and up 6.8% over ten years.
Over the whole period, trade in services in Europe & Central Asia peaked at 28.3% in 2024 and was at its lowest, 8.8%, in 1975.
Europe & Central Asia ranks 7th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Trade in services in Europe & Central Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 8.8% | — |
| 1976 | 9.2% | +5.5% |
| 1977 | 9.4% | +1.7% |
| 1978 | 9.3% | -0.7% |
| 1979 | 9.4% | +0.2% |
| 1980 | 9.9% | +6.0% |
| 1981 | 10.6% | +6.8% |
| 1982 | 10.5% | -0.5% |
| 1983 | 10.3% | -2.0% |
| 1984 | 10.6% | +2.5% |
| 1985 | 10.8% | +1.6% |
| 1986 | 9.8% | -8.6% |
| 1987 | 9.6% | -2.2% |
| 1988 | 9.5% | -1.2% |
| 1989 | 9.8% | +3.0% |
| 1990 | 9.9% | +1.7% |
| 1994 | 11.4% | +15.0% |
| 1995 | 11.4% | -0.0% |
| 1996 | 11.6% | +1.1% |
| 1997 | 12.1% | +4.9% |
| 1998 | 12.8% | +5.2% |
| 1999 | 13.4% | +5.3% |
| 2000 | 14.8% | +10.4% |
| 2001 | 15.1% | +1.9% |
| 2002 | 15.3% | +1.2% |
| 2003 | 14.9% | -2.7% |
| 2004 | 15.4% | +3.6% |
| 2005 | 16.6% | +7.7% |
| 2006 | 17.0% | +2.5% |
| 2007 | 17.3% | +1.9% |
| 2008 | 17.7% | +2.1% |
| 2009 | 17.6% | -0.5% |
| 2010 | 18.0% | +2.2% |
| 2011 | 18.3% | +1.6% |
| 2012 | 19.1% | +4.4% |
| 2013 | 20.0% | +5.0% |
| 2014 | 21.1% | +5.4% |
| 2015 | 22.9% | +8.2% |
| 2016 | 23.3% | +2.1% |
| 2017 | 24.1% | +3.4% |
| 2018 | 24.8% | +2.8% |
| 2019 | 26.1% | +5.2% |
| 2020 | 23.8% | -8.8% |
| 2021 | 24.4% | +2.8% |
| 2022 | 27.2% | +11.3% |
| 2023 | 27.6% | +1.7% |
| 2024 | 28.3% | +2.5% |
| 2025 | 24.4% | -13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 8.8% | 9.4% | 5 |
| 1980s | 10.2% | 9.5% | 10.8% | 10 |
| 1990s | 11.8% | 9.9% | 13.4% | 7 |
| 2000s | 16.2% | 14.8% | 17.7% | 10 |
| 2010s | 21.8% | 18.0% | 26.1% | 10 |
| 2020s | 26.0% | 23.8% | 28.3% | 6 |
Countries ranked near Europe & Central Asia
More economy & growth data for Europe & Central Asia
- General government final consumption expenditure (current US$), per 0.2059 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 18,580 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5369 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 10.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 5,268 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1522 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 7,127 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Europe & Central Asia?
- Trade in services in Europe & Central Asia was 24.4% 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 Europe & Central Asia?
- The highest recorded value was 28.3% in 2024.
- What is the lowest trade in services recorded in Europe & Central Asia?
- The lowest recorded value was 8.8% in 1975.
- How does Europe & Central Asia rank for trade in services?
- Europe & Central Asia ranks 7th out of 47 groups with data for 2025.
- Is trade in services rising or falling in Europe & Central Asia?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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 — 48 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.