Services, Debit/Expenditure in Advanced Economies
Advanced Economies: Services, Debit/Expenditure was 5.54 trillion in 2024. β² Rising
Services, Debit/Expenditure in Advanced Economies, 2005β2024
Source: International Monetary Fund.
Analysis
Advanced Economies recorded 5.54 trillion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 63.2% over ten years.
Over the whole period, services, debit/expenditure in Advanced Economies peaked at 5.54 trillion in 2024 and was at its lowest, 1.99 trillion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.40 trillion | 1.99 trillion | 2.81 trillion | 5 |
| 2010s | 3.36 trillion | 2.69 trillion | 4.14 trillion | 10 |
| 2020s | 4.61 trillion | 3.58 trillion | 5.54 trillion | 5 |
Countries ranked near Advanced Economies
- 1 United States 840.88 billion compare
- 2 China, People's Republic of 612.98 billion compare
- 3 Germany 547.63 billion compare
- 4 Ireland 466.57 billion compare
- 5 United Kingdom 401.77 billion compare
More trade data for Advanced Economies
- Total current account debit/expenditure, Debit/Expenditure 26.36 trillion (2024)
- Goods, Debit/Expenditure 13.67 trillion (2024)
- Primary income, Debit/Expenditure 6.23 trillion (2024)
- Secondary income, Debit/Expenditure 1.36 trillion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 208.09 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Advanced Economies?
- Services, debit/expenditure in Advanced Economies was 5.54 trillion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Advanced Economies?
- The highest recorded value was 5.54 trillion in 2024.
- What is the lowest services, debit/expenditure recorded in Advanced Economies?
- The lowest recorded value was 1.99 trillion in 2005.
- How does Advanced Economies rank for services, debit/expenditure?
- Advanced Economies ranks 2nd out of 9 groups with data for 2024.
- Is services, debit/expenditure rising or falling in Advanced Economies?
- Over the last ten years it is up 63.2%. The long-run trend across the full record is rising.
- Where does this Advanced Economies data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.