Trade in services in Ukraine
Ukraine: Trade in services was 21.2% in 2024. ▲ Rising
Trade in services in Ukraine, 1994–2024
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 Ukraine is 21.2%, measured in 2024.
That represents a change of down 5.2% on the previous year and up 3.7% over ten years.
Over the whole period, trade in services in Ukraine peaked at 27.4% in 2022 and was at its lowest, 8.6%, in 1994.
That places Ukraine 102nd out of 200 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Trade in services in Ukraine, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 8.6% | — |
| 1995 | 9.8% | +13.4% |
| 1996 | 15.0% | +53.8% |
| 1997 | 14.5% | -3.5% |
| 1998 | 16.8% | +16.1% |
| 1999 | 21.4% | +26.9% |
| 2000 | 23.5% | +9.8% |
| 2001 | 21.3% | -9.0% |
| 2002 | 20.6% | -3.4% |
| 2003 | 19.9% | -3.3% |
| 2004 | 23.1% | +15.9% |
| 2005 | 20.2% | -12.6% |
| 2006 | 19.1% | -5.3% |
| 2007 | 18.2% | -4.9% |
| 2008 | 18.9% | +3.8% |
| 2009 | 21.8% | +15.5% |
| 2010 | 22.0% | +0.8% |
| 2011 | 20.5% | -6.9% |
| 2012 | 20.1% | -1.8% |
| 2013 | 20.3% | +1.2% |
| 2014 | 20.4% | +0.4% |
| 2015 | 26.1% | +28.1% |
| 2016 | 26.1% | +0.0% |
| 2017 | 24.6% | -5.9% |
| 2018 | 23.2% | -5.8% |
| 2019 | 21.6% | -7.0% |
| 2020 | 17.1% | -20.9% |
| 2021 | 16.4% | -3.8% |
| 2022 | 27.4% | +66.6% |
| 2023 | 22.3% | -18.4% |
| 2024 | 21.2% | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.3% | 8.6% | 21.4% | 6 |
| 2000s | 20.7% | 18.2% | 23.5% | 10 |
| 2010s | 22.5% | 20.1% | 26.1% | 10 |
| 2020s | 20.9% | 16.4% | 27.4% | 5 |
Countries ranked near Ukraine
More economy & growth data for Ukraine
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.32 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3691 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 2,029 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -46.3 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -51.9 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.16 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 17,351 current LCU per person (2025)
Frequently asked questions
- What is trade in services in Ukraine?
- Trade in services in Ukraine was 21.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Ukraine?
- The highest recorded value was 27.4% in 2022.
- What is the lowest trade in services recorded in Ukraine?
- The lowest recorded value was 8.6% in 1994.
- How does Ukraine rank for trade in services?
- Ukraine ranks 102nd out of 200 countries with data for 2024.
- Is trade in services rising or falling in Ukraine?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
- Where does this Ukraine 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 — 31 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.