Trade in services in Other small states
Other small states: Trade in services was 71.2% in 2025. ▲ Rising
Trade in services in Other small states, 1986–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Other small states stood at 71.2%.
The figure is down 9.8% on the previous year and up 12.3% over ten years.
Over the whole period, trade in services in Other small states peaked at 78.9% in 2024 and was at its lowest, 31.4%, in 1986.
Other small states ranks 1st of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Trade in services in Other small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 31.4% | — |
| 1987 | 32.1% | +2.2% |
| 1988 | 32.1% | +0.0% |
| 1989 | 33.7% | +5.1% |
| 1990 | 33.9% | +0.6% |
| 1991 | 33.1% | -2.3% |
| 1992 | 35.1% | +6.1% |
| 1993 | 33.3% | -5.2% |
| 1994 | 34.9% | +4.8% |
| 1995 | 36.1% | +3.5% |
| 1996 | 37.5% | +3.7% |
| 1997 | 38.9% | +3.7% |
| 1998 | 40.2% | +3.3% |
| 1999 | 40.6% | +1.0% |
| 2000 | 42.6% | +5.1% |
| 2001 | 41.5% | -2.6% |
| 2002 | 38.7% | -6.7% |
| 2003 | 37.4% | -3.4% |
| 2004 | 41.6% | +11.2% |
| 2005 | 41.7% | +0.2% |
| 2006 | 42.2% | +1.3% |
| 2007 | 44.5% | +5.3% |
| 2008 | 51.4% | +15.5% |
| 2009 | 54.9% | +6.8% |
| 2010 | 54.7% | -0.3% |
| 2011 | 54.6% | -0.2% |
| 2012 | 56.2% | +2.9% |
| 2013 | 59.5% | +5.9% |
| 2014 | 60.4% | +1.5% |
| 2015 | 63.4% | +5.0% |
| 2016 | 63.9% | +0.8% |
| 2017 | 60.9% | -4.6% |
| 2018 | 62.4% | +2.4% |
| 2019 | 65.7% | +5.3% |
| 2020 | 64.0% | -2.7% |
| 2021 | 67.6% | +5.7% |
| 2022 | 76.5% | +13.2% |
| 2023 | 77.4% | +1.2% |
| 2024 | 78.9% | +1.8% |
| 2025 | 71.2% | -9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.3% | 31.4% | 33.7% | 4 |
| 1990s | 36.4% | 33.1% | 40.6% | 10 |
| 2000s | 43.7% | 37.4% | 54.9% | 10 |
| 2010s | 60.2% | 54.6% | 65.7% | 10 |
| 2020s | 72.6% | 64.0% | 78.9% | 6 |
Countries ranked near Other small states
More economy & growth data for Other small states
- GNI, Atlas method (current US$), per unit of GDP 0.9326 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 12,852 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 8.01 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2491 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 4,369 current US$ per person (2025)
- GNI, Atlas method (current US$), annual growth rate 10.49 % change on previous year (2025)
- GNI (current US$), annual growth rate 10.33 % change on previous year (2025)
- GNI (current US$), per capita 16,978 current US$ per person (2025)
- GNI (current US$), per unit of GDP 0.968 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7327 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Other small states?
- Trade in services in Other small states was 71.2% 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 Other small states?
- The highest recorded value was 78.9% in 2024.
- What is the lowest trade in services recorded in Other small states?
- The lowest recorded value was 31.4% in 1986.
- How does Other small states rank for trade in services?
- Other small states ranks 1st out of 47 groups with data for 2025.
- Is trade in services rising or falling in Other small states?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this Other small states 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.