Trade in services in High income
High income: Trade in services was 16.0% 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 16.0%, measured in 2025.
Compared with earlier readings it is down 14.0% on the previous year and up 3.2% 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 12th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Trade in services 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% | +1.0% |
| 1996 | 7.8% | -3.2% |
| 1997 | 8.0% | +3.1% |
| 1998 | 8.5% | +5.7% |
| 1999 | 8.9% | +5.3% |
| 2000 | 9.3% | +4.1% |
| 2001 | 9.4% | +0.9% |
| 2002 | 9.7% | +3.8% |
| 2003 | 9.9% | +1.5% |
| 2004 | 10.6% | +7.4% |
| 2005 | 11.4% | +7.1% |
| 2006 | 11.9% | +5.2% |
| 2007 | 12.8% | +6.8% |
| 2008 | 13.3% | +4.5% |
| 2009 | 12.8% | -4.0% |
| 2010 | 13.1% | +2.2% |
| 2011 | 13.4% | +2.7% |
| 2012 | 13.7% | +2.2% |
| 2013 | 14.4% | +5.2% |
| 2014 | 15.2% | +5.1% |
| 2015 | 15.5% | +1.8% |
| 2016 | 15.4% | -0.2% |
| 2017 | 16.0% | +3.5% |
| 2018 | 16.4% | +2.4% |
| 2019 | 16.8% | +2.7% |
| 2020 | 14.8% | -12.1% |
| 2021 | 15.3% | +3.8% |
| 2022 | 16.9% | +10.0% |
| 2023 | 17.8% | +5.7% |
| 2024 | 18.6% | +4.1% |
| 2025 | 16.0% | -14.0% |
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 | 8.2% | 7.8% | 8.9% | 6 |
| 2000s | 11.1% | 9.3% | 13.3% | 10 |
| 2010s | 15.0% | 13.1% | 16.8% | 10 |
| 2020s | 16.5% | 14.8% | 18.6% | 6 |
Countries ranked near High income
- 9 San Marino 105.5% compare
- 10 Maldives 98.0% compare
- 11 Macau, China 96.8% compare
- 12 Sint Maarten (Dutch part) 95.1% compare
- 13 Naoero 91.0% compare
- 14 Cayman Islands 87.1% compare
- 15 Tuvalu 84.5% compare
More economy & growth data for High income
- Manufacturing, value added (constant 2015 US$), per capita 5,702 constant 2015 US$ per person (2024)
- Services, value added 69.1% (2021)
- Imports of goods and services (constant 2015 US$), per capita 13,977 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -0.3203 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0099 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 506.08 constant 2015 US$ per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.12 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 6,110 current US$ per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.112 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 8,995 constant 2015 US$ per person (2024)
Frequently asked questions
- What is trade in services in High income?
- Trade in services in High income was 16.0% 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 12th 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 3.2%. 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.
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.