Trade in services (% of GDP) in High income
High income: Trade in services (% of GDP) was 18.5% in 2025. ▲ Rising
Trade in services in High income, 1971–2025
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 High income is 18.5%, measured in 2025.
Compared with earlier readings it is down 0.7% on the previous year and up 20.0% over ten years.
Over the whole period, trade in services in High income peaked at 18.6% in 2024 and was at its lowest, 4.6%, in 1972.
High income ranks 9th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Trade in services (% of GDP) in High income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 4.6% | — |
| 1972 | 4.6% | -0.0% |
| 1973 | 4.9% | +6.3% |
| 1974 | 5.2% | +7.8% |
| 1975 | 6.1% | +17.6% |
| 1976 | 6.4% | +4.9% |
| 1977 | 6.7% | +3.8% |
| 1978 | 6.9% | +3.3% |
| 1979 | 7.2% | +4.8% |
| 1980 | 7.7% | +6.1% |
| 1981 | 7.9% | +2.8% |
| 1982 | 7.8% | -1.3% |
| 1983 | 7.4% | -4.6% |
| 1984 | 7.3% | -2.0% |
| 1985 | 7.1% | -2.4% |
| 1986 | 7.2% | +0.8% |
| 1987 | 7.3% | +2.5% |
| 1988 | 7.3% | -0.3% |
| 1989 | 7.5% | +2.3% |
| 1990 | 7.9% | +5.8% |
| 1991 | 8.0% | +1.1% |
| 1992 | 8.3% | +3.7% |
| 1993 | 8.4% | +0.8% |
| 1994 | 8.3% | -0.7% |
| 1995 | 8.6% | +3.5% |
| 1996 | 7.8% | -9.2% |
| 1997 | 8.1% | +3.8% |
| 1998 | 8.6% | +5.5% |
| 1999 | 8.8% | +3.3% |
| 2000 | 9.2% | +4.1% |
| 2001 | 9.3% | +0.9% |
| 2002 | 9.7% | +4.1% |
| 2003 | 9.8% | +1.6% |
| 2004 | 10.6% | +7.5% |
| 2005 | 11.3% | +7.1% |
| 2006 | 11.9% | +5.2% |
| 2007 | 12.7% | +6.8% |
| 2008 | 13.3% | +4.5% |
| 2009 | 12.8% | -4.0% |
| 2010 | 13.0% | +2.2% |
| 2011 | 13.4% | +2.7% |
| 2012 | 13.7% | +2.2% |
| 2013 | 14.4% | +5.3% |
| 2014 | 15.1% | +5.1% |
| 2015 | 15.4% | +1.9% |
| 2016 | 15.4% | -0.2% |
| 2017 | 15.9% | +3.5% |
| 2018 | 16.3% | +2.4% |
| 2019 | 16.8% | +2.7% |
| 2020 | 14.8% | -12.0% |
| 2021 | 15.3% | +3.8% |
| 2022 | 16.8% | +9.9% |
| 2023 | 17.8% | +5.7% |
| 2024 | 18.6% | +4.8% |
| 2025 | 18.5% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.8% | 4.6% | 7.2% | 9 |
| 1980s | 7.4% | 7.1% | 7.9% | 10 |
| 1990s | 8.3% | 7.8% | 8.8% | 10 |
| 2000s | 11.0% | 9.2% | 13.3% | 10 |
| 2010s | 14.9% | 13.0% | 16.8% | 10 |
| 2020s | 17.0% | 14.8% | 18.6% | 6 |
Countries ranked near High income
- 6 Seychelles 127.5% compare
- 7 Aruba 111.3% compare
- 8 Andorra 109.2% compare
- 9 San Marino 105.5% compare
- 10 Maldives 99.4% compare
- 11 Macao 97.5% compare
- 12 Sint Maarten (Dutch part) 95.1% compare
More economy & growth data for High income
- Foreign direct investment, net outflows (BoP, current US$), per capita 855.36 BoP, current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1461 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7606 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (constant 2015 US$) 2.76 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,900 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1748 current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -12.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 967.71 billion BoP, current US$ (2025)
- General government final consumption expenditure (constant 2015 US$) 7,438 constant 2015 US$ per person (2024)
Frequently asked questions
- What is trade in services in High income?
- Trade in services in High income was 18.5% 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 High income?
- The highest recorded value was 18.6% in 2024.
- What is the lowest trade in services recorded in High income?
- The lowest recorded value was 4.6% in 1972.
- How does High income rank for trade in services?
- High income ranks 9th out of 47 groups with data for 2025.
- Is trade in services rising or falling in High income?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is rising.
- Where does this High income 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.