Trade in services in North America
North America: Trade in services was 7.5% in 2025. ▲ Rising
Trade in services in North America, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
North America recorded 7.5% for trade in services in 2025.
That represents a change of up 1.4% on the previous year and up 1.8% over ten years.
Over the whole period, trade in services in North America peaked at 7.5% in 2012 and was at its lowest, 2.7%, in 1972.
That places North America 44th out of 47 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Trade in services in North America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 2.7% | — |
| 1971 | 2.7% | -0.3% |
| 1972 | 2.7% | -2.6% |
| 1973 | 2.8% | +5.9% |
| 1974 | 3.1% | +8.7% |
| 1975 | 3.1% | -0.6% |
| 1976 | 3.2% | +3.4% |
| 1977 | 3.1% | -0.3% |
| 1978 | 3.2% | +0.8% |
| 1979 | 3.2% | -0.2% |
| 1980 | 3.4% | +7.7% |
| 1981 | 3.5% | +3.2% |
| 1982 | 3.7% | +5.7% |
| 1983 | 3.5% | -4.5% |
| 1984 | 3.7% | +3.8% |
| 1985 | 3.6% | -1.7% |
| 1986 | 3.9% | +8.5% |
| 1987 | 4.2% | +6.1% |
| 1988 | 4.3% | +2.9% |
| 1989 | 4.4% | +2.0% |
| 1990 | 4.8% | +8.8% |
| 1991 | 4.9% | +3.2% |
| 1992 | 4.9% | -0.6% |
| 1993 | 4.9% | -0.1% |
| 1994 | 4.9% | +1.1% |
| 1995 | 5.1% | +3.0% |
| 1996 | 5.2% | +3.2% |
| 1997 | 5.3% | +1.3% |
| 1998 | 5.3% | -0.1% |
| 1999 | 5.3% | +0.7% |
| 2000 | 5.5% | +2.7% |
| 2001 | 5.2% | -5.3% |
| 2002 | 5.2% | -0.1% |
| 2003 | 5.2% | +0.9% |
| 2004 | 5.6% | +7.7% |
| 2005 | 5.7% | +2.0% |
| 2006 | 6.0% | +5.1% |
| 2007 | 6.5% | +7.7% |
| 2008 | 6.9% | +6.3% |
| 2009 | 6.8% | -1.1% |
| 2010 | 7.2% | +4.9% |
| 2011 | 7.5% | +4.0% |
| 2012 | 7.5% | +1.0% |
| 2013 | 7.5% | -1.0% |
| 2014 | 7.5% | +0.7% |
| 2015 | 7.4% | -2.1% |
| 2016 | 7.3% | -0.3% |
| 2017 | 7.5% | +2.7% |
| 2018 | 7.4% | -1.3% |
| 2019 | 7.5% | +0.8% |
| 2020 | 6.1% | -17.9% |
| 2021 | 6.4% | +3.3% |
| 2022 | 6.9% | +9.4% |
| 2023 | 7.1% | +2.2% |
| 2024 | 7.4% | +4.0% |
| 2025 | 7.5% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.0% | 2.7% | 3.2% | 10 |
| 1980s | 3.8% | 3.4% | 4.4% | 10 |
| 1990s | 5.1% | 4.8% | 5.3% | 10 |
| 2000s | 5.9% | 5.2% | 6.9% | 10 |
| 2010s | 7.4% | 7.2% | 7.5% | 10 |
| 2020s | 6.9% | 6.1% | 7.5% | 6 |
Countries ranked near North America
More economy & growth data for North America
- Gross domestic savings (current US$), per capita 15,566 current US$ per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.759 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 65,508 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.45 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.188 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9883 current US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate 5.38 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 85,298 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.13 % change on previous year (2025)
- GNI, Atlas method (current US$), annual growth rate 7.49 % change on previous year (2025)
Frequently asked questions
- What is trade in services in North America?
- Trade in services in North America was 7.5% 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 North America?
- The highest recorded value was 7.5% in 2012.
- What is the lowest trade in services recorded in North America?
- The lowest recorded value was 2.7% in 1972.
- How does North America rank for trade in services?
- North America ranks 44th out of 47 groups with data for 2025.
- Is trade in services rising or falling in North America?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
- Where does this North America 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.