Services, Debit/Expenditure in Emerging Market and Developing Economies

Emerging Market and Developing Economies: Services, Debit/Expenditure was 2.43 trillion in 2024. ▲ Rising

Latest (2024)
2.43 trillion
Change on year
up 9.0%
Rank
3rd
of 9 groups
All-time high
2.43 trillion
in 2024
All-time low
628.19 billion
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in Emerging Market and Developing Economies, 2005–2024

500.0B1.0T1.5T2.0T2.5T2005201420242005: 628.2B2006: 744.8B2007: 927.0B2008: 1.1T2009: 997.7B2010: 1.2T2011: 1.3T2012: 1.4T2013: 1.6T2014: 1.8T2015: 1.6T2016: 1.6T2017: 1.7T2018: 1.9T2019: 1.9T2020: 1.4T2021: 1.7T2022: 2.0T2023: 2.2T2024: 2.4T

Source: International Monetary Fund.

Analysis

The most recent figure for services, debit/expenditure in Emerging Market and Developing Economies is 2.43 trillion, measured in 2024. That is the highest value across all 20 years on record.

That represents a change of up 9.0% on the previous year and up 38.6% over ten years.

Over the whole period, services, debit/expenditure in Emerging Market and Developing Economies peaked at 2.43 trillion in 2024 and was at its lowest, 628.19 billion, in 2005.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 878.11 billion 628.19 billion 1.09 trillion 5
2010s 1.61 trillion 1.17 trillion 1.91 trillion 10
2020s 1.96 trillion 1.44 trillion 2.43 trillion 5

Countries ranked near Emerging Market and Developing Economies

  1. 1 United States 840.88 billion compare
  2. 2 China (People’s Republic of) 612.98 billion compare
  3. 3 Germany 547.63 billion compare
  4. 4 Ireland 466.57 billion compare
  5. 5 United Kingdom 401.77 billion compare
  6. 6 Singapore 351.12 billion compare

See the full ranking of 207 places →

More trade data for Emerging Market and Developing Economies

All data for Emerging Market and Developing Economies →

Frequently asked questions

What is services, debit/expenditure in Emerging Market and Developing Economies?
Services, debit/expenditure in Emerging Market and Developing Economies was 2.43 trillion in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Emerging Market and Developing Economies?
The highest recorded value was 2.43 trillion in 2024.
What is the lowest services, debit/expenditure recorded in Emerging Market and Developing Economies?
The lowest recorded value was 628.19 billion in 2005.
How does Emerging Market and Developing Economies rank for services, debit/expenditure?
Emerging Market and Developing Economies ranks 3rd out of 9 groups with data for 2024.
Is services, debit/expenditure rising or falling in Emerging Market and Developing Economies?
Over the last ten years it is up 38.6%. The long-run trend across the full record is rising.
Where does this Emerging Market and Developing 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.

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Services, Debit/Expenditure in Emerging Market and Developing Economies. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/emerging-market-and-developing-economies/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.