Trade in services in World
World: Trade in services was 13.4% in 2025. ▲ Rising
Trade in services in World, 1975–2025
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 World is 13.4%, measured in 2025.
The figure is down 11.5% on the previous year and up 2.3% over ten years.
Over the whole period, trade in services in World peaked at 15.1% in 2024 and was at its lowest, 6.0%, in 1975.
World ranks 16th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Trade in services in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 6.0% | — |
| 1976 | 6.3% | +5.2% |
| 1977 | 6.7% | +5.5% |
| 1978 | 6.9% | +3.0% |
| 1979 | 7.1% | +4.0% |
| 1980 | 7.5% | +5.1% |
| 1981 | 7.5% | +0.4% |
| 1982 | 7.3% | -2.8% |
| 1983 | 7.0% | -4.0% |
| 1984 | 6.9% | -1.8% |
| 1985 | 6.8% | -2.2% |
| 1986 | 6.8% | +0.8% |
| 1987 | 7.1% | +3.7% |
| 1988 | 7.1% | +0.9% |
| 1989 | 7.3% | +2.5% |
| 1990 | 7.7% | +6.0% |
| 1991 | 7.8% | +1.2% |
| 1992 | 8.2% | +5.2% |
| 1993 | 8.3% | +1.3% |
| 1994 | 8.3% | -0.8% |
| 1995 | 8.5% | +2.7% |
| 1996 | 7.7% | -8.9% |
| 1997 | 8.1% | +5.0% |
| 1998 | 8.4% | +3.8% |
| 1999 | 8.9% | +5.4% |
| 2000 | 9.2% | +3.7% |
| 2001 | 9.3% | +1.4% |
| 2002 | 9.7% | +4.4% |
| 2003 | 9.7% | -0.0% |
| 2004 | 10.5% | +7.5% |
| 2005 | 11.0% | +5.3% |
| 2006 | 11.4% | +3.6% |
| 2007 | 12.0% | +5.4% |
| 2008 | 12.4% | +2.9% |
| 2009 | 11.7% | -5.4% |
| 2010 | 11.8% | +0.3% |
| 2011 | 11.9% | +1.1% |
| 2012 | 12.0% | +1.1% |
| 2013 | 12.4% | +3.6% |
| 2014 | 13.0% | +4.3% |
| 2015 | 13.1% | +0.9% |
| 2016 | 13.1% | -0.3% |
| 2017 | 13.3% | +2.2% |
| 2018 | 13.7% | +2.4% |
| 2019 | 13.8% | +1.3% |
| 2020 | 11.9% | -14.3% |
| 2021 | 12.2% | +2.5% |
| 2022 | 13.5% | +11.2% |
| 2023 | 14.4% | +6.7% |
| 2024 | 15.1% | +4.9% |
| 2025 | 13.4% | -11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.6% | 6.0% | 7.1% | 5 |
| 1980s | 7.1% | 6.8% | 7.5% | 10 |
| 1990s | 8.2% | 7.7% | 8.9% | 10 |
| 2000s | 10.7% | 9.2% | 12.4% | 10 |
| 2010s | 12.8% | 11.8% | 13.8% | 10 |
| 2020s | 13.4% | 11.9% | 15.1% | 6 |
Countries ranked near World
- 13 Nauru 91.0% compare
- 14 Cayman Islands 87.1% compare
- 15 Tuvalu 84.5% compare
- 16 Suriname 84.2% compare
- 17 Equatorial Guinea 81.5% compare
- 18 Grenada 81.2% compare
- 19 Saint Lucia 78.2% compare
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Industry (including construction), value added (constant 2015 US$) 3.42 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2248 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,238 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.633 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 8,683 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.24 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5766 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is trade in services in World?
- Trade in services in World was 13.4% 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 World?
- The highest recorded value was 15.1% in 2024.
- What is the lowest trade in services recorded in World?
- The lowest recorded value was 6.0% in 1975.
- How does World rank for trade in services?
- World ranks 16th out of 45 groups with data for 2025.
- Is trade in services rising or falling in World?
- Over the last ten years it is up 2.3%. The long-run trend across the full record is rising.
- Where does this World 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.