Trade in services in Late-demographic dividend
Late-demographic dividend: Trade in services was 8.0% in 2025. ▲ Rising
Trade in services in Late-demographic dividend, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Late-demographic dividend stood at 8.0%.
That represents a change of down 35.8% on the previous year and down 24.9% over ten years.
Over the whole period, trade in services in Late-demographic dividend peaked at 12.5% in 2024 and was at its lowest, 5.8%, in 1985.
Late-demographic dividend ranks 42nd of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 39 years of available data.
Trade in services in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 6.0% | — |
| 1983 | 6.3% | +4.7% |
| 1984 | 6.2% | -1.5% |
| 1985 | 5.8% | -5.9% |
| 1986 | 6.0% | +2.4% |
| 1987 | 6.1% | +2.7% |
| 1993 | 9.3% | +51.3% |
| 1994 | 8.4% | -9.7% |
| 1995 | 8.6% | +2.2% |
| 1996 | 8.2% | -4.0% |
| 1997 | 9.5% | +15.5% |
| 1998 | 9.6% | +0.5% |
| 1999 | 10.6% | +11.0% |
| 2000 | 10.9% | +2.2% |
| 2001 | 11.4% | +4.7% |
| 2002 | 12.0% | +5.3% |
| 2003 | 10.7% | -11.0% |
| 2004 | 10.9% | +2.6% |
| 2005 | 12.2% | +11.1% |
| 2006 | 11.8% | -2.7% |
| 2007 | 11.8% | -0.1% |
| 2008 | 11.3% | -4.1% |
| 2009 | 10.4% | -7.8% |
| 2010 | 9.9% | -5.0% |
| 2011 | 9.6% | -3.6% |
| 2012 | 9.5% | -0.8% |
| 2013 | 9.8% | +3.2% |
| 2014 | 10.3% | +5.6% |
| 2015 | 10.7% | +3.0% |
| 2016 | 11.0% | +3.1% |
| 2017 | 10.9% | -1.2% |
| 2018 | 10.8% | -0.7% |
| 2019 | 11.2% | +3.6% |
| 2020 | 9.7% | -13.3% |
| 2021 | 9.1% | -5.8% |
| 2022 | 9.7% | +7.0% |
| 2023 | 11.5% | +18.3% |
| 2024 | 12.5% | +8.0% |
| 2025 | 8.0% | -35.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.1% | 5.8% | 6.3% | 6 |
| 1990s | 9.2% | 8.2% | 10.6% | 7 |
| 2000s | 11.3% | 10.4% | 12.2% | 10 |
| 2010s | 10.4% | 9.5% | 11.2% | 10 |
| 2020s | 10.1% | 8.0% | 12.5% | 6 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- GDP (current US$), per capita 13,677 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.49 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5152 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 7,047 constant 2015 US$ per person (2025)
- GDP (current US$), annual growth rate 6.31 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9096 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate 3.3 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 12,440 constant 2015 US$ per person (2025)
- Services, value added (current US$), per capita 7,887 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.45 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Late-demographic dividend?
- Trade in services in Late-demographic dividend was 8.0% 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 Late-demographic dividend?
- The highest recorded value was 12.5% in 2024.
- What is the lowest trade in services recorded in Late-demographic dividend?
- The lowest recorded value was 5.8% in 1985.
- How does Late-demographic dividend rank for trade in services?
- Late-demographic dividend ranks 42nd out of 47 groups with data for 2025.
- Is trade in services rising or falling in Late-demographic dividend?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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 — 39 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.