Services, Debit/Expenditure in United Kingdom
United Kingdom: Services, Debit/Expenditure was 401.77 billion in 2024. ▲ Rising
Services, Debit/Expenditure in United Kingdom, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in United Kingdom is 401.77 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 10.5% on the previous year and up 64.7% over ten years.
Over the whole period, services, debit/expenditure in United Kingdom peaked at 401.77 billion in 2024 and was at its lowest, 176.00 billion, in 2005.
That places United Kingdom 5th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 176.00 billion | — |
| 2006 | 192.00 billion | +9.1% |
| 2007 | 215.64 billion | +12.3% |
| 2008 | 216.64 billion | +0.5% |
| 2009 | 185.40 billion | -14.4% |
| 2010 | 191.58 billion | +3.3% |
| 2011 | 205.87 billion | +7.5% |
| 2012 | 206.37 billion | +0.2% |
| 2013 | 219.08 billion | +6.2% |
| 2014 | 243.91 billion | +11.3% |
| 2015 | 239.12 billion | -2.0% |
| 2016 | 235.74 billion | -1.4% |
| 2017 | 247.03 billion | +4.8% |
| 2018 | 285.38 billion | +15.5% |
| 2019 | 286.31 billion | +0.3% |
| 2020 | 218.84 billion | -23.6% |
| 2021 | 244.08 billion | +11.5% |
| 2022 | 308.70 billion | +26.5% |
| 2023 | 363.68 billion | +17.8% |
| 2024 | 401.77 billion | +10.5% |
United Kingdom compared with similar countries
- United Kingdom's 401.77 billion is above the median for high income countries, which is 18.44 billion, 21.8× the median. (72 countries reporting)
- United Kingdom's 401.77 billion is above the median for Europe & Central Asia, which is 18.83 billion, 21.3× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 197.14 billion | 176.00 billion | 216.64 billion | 5 |
| 2010s | 236.04 billion | 191.58 billion | 286.31 billion | 10 |
| 2020s | 307.41 billion | 218.84 billion | 401.77 billion | 5 |
Countries ranked near United Kingdom
More trade data for United Kingdom
- Commodity Net Export Price Index, Individual Commodities Weighted by 94.98 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 99.73 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.2 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 73.21 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.47 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 85.55 (2025)
- Imports of low carbon technology products, Percent of GDP 1.56 (2024)
- Imports of low carbon technology products, US dollar (World), per 822.94 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0154 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 45.11 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in United Kingdom?
- Services, debit/expenditure in United Kingdom was 401.77 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in United Kingdom?
- The highest recorded value was 401.77 billion in 2024.
- What is the lowest services, debit/expenditure recorded in United Kingdom?
- The lowest recorded value was 176.00 billion in 2005.
- How does United Kingdom rank for services, debit/expenditure?
- United Kingdom ranks 5th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in United Kingdom?
- Over the last ten years it is up 64.7%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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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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.