Commercial service exports in Least developed countries: UN classification

Least developed countries: UN classification: Commercial service exports was 56.64 billion current US$ in 2024. ◆ Volatile

Latest (2024)
56.64 billion current US$
Change on year
up 14.5%
All-time high
56.64 billion current US$
in 2024
All-time low
2.15 billion current US$
in 1984
Years of data
41
1984–2024

Commercial service exports in Least developed countries: UN classification, 1984–2024

020.0B40.0B60.0B1984200420241984: 2.1B current US$1985: 2.5B current US$1986: 2.3B current US$1987: 2.6B current US$1988: 2.6B current US$1989: 2.9B current US$1990: 3.1B current US$1991: 3.0B current US$1992: 3.3B current US$1993: 3.7B current US$1994: 4.3B current US$1995: 5.1B current US$1996: 5.4B current US$1997: 5.8B current US$1998: 5.6B current US$1999: 6.1B current US$2000: 6.5B current US$2001: 6.2B current US$2002: 6.7B current US$2003: 7.0B current US$2004: 8.6B current US$2005: 10.1B current US$2006: 13.4B current US$2007: 15.0B current US$2008: 18.2B current US$2009: 18.2B current US$2010: 20.5B current US$2011: 24.9B current US$2012: 27.8B current US$2013: 31.3B current US$2014: 34.4B current US$2015: 32.4B current US$2016: 31.6B current US$2017: 34.3B current US$2018: 39.7B current US$2019: 43.3B current US$2020: 26.9B current US$2021: 32.6B current US$2022: 43.4B current US$2023: 49.4B current US$2024: 56.6B current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2024, commercial service exports in Least developed countries: UN classification stood at 56.64 billion current US$. That is the highest value across all 41 years on record.

The figure is up 14.5% on the previous year and up 64.9% over ten years.

Over the whole period, commercial service exports in Least developed countries: UN classification peaked at 56.64 billion current US$ in 2024 and was at its lowest, 2.15 billion current US$, in 1984.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.50 billion current US$ 2.15 billion current US$ 2.89 billion current US$ 6
1990s 4.54 billion current US$ 3.01 billion current US$ 6.07 billion current US$ 10
2000s 11.00 billion current US$ 6.23 billion current US$ 18.22 billion current US$ 10
2010s 32.01 billion current US$ 20.54 billion current US$ 43.31 billion current US$ 10
2020s 41.79 billion current US$ 26.89 billion current US$ 56.64 billion current US$ 5

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Frequently asked questions

What is commercial service exports in Least developed countries: UN classification?
Commercial service exports in Least developed countries: UN classification was 56.64 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Least developed countries: UN classification?
The highest recorded value was 56.64 billion current US$ in 2024.
What is the lowest commercial service exports recorded in Least developed countries: UN classification?
The lowest recorded value was 2.15 billion current US$ in 1984.
Is commercial service exports rising or falling in Least developed countries: UN classification?
Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
Where does this Least developed countries: UN classification data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,727 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.