Commercial service imports in Least developed countries: UN classification

Least developed countries: UN classification: Commercial service imports was 83.80 billion current US$ in 2024. ◆ Volatile

Latest (2024)
83.80 billion current US$
Change on year
up 4.0%
All-time high
83.80 billion current US$
in 2024
All-time low
5.50 billion current US$
in 1986
Years of data
40
1985–2024

Commercial service imports in Least developed countries: UN classification, 1985–2024

020.0B40.0B60.0B80.0B1985200420241985: 5.7B current US$1986: 5.5B current US$1987: 6.0B current US$1988: 7.2B current US$1989: 7.5B current US$1990: 8.0B current US$1991: 8.6B current US$1992: 9.2B current US$1993: 8.9B current US$1994: 9.1B current US$1995: 11.3B current US$1996: 11.6B current US$1997: 12.0B current US$1998: 12.6B current US$1999: 11.9B current US$2000: 12.5B current US$2001: 13.9B current US$2002: 13.7B current US$2003: 14.8B current US$2004: 19.1B current US$2005: 24.0B current US$2006: 27.8B current US$2007: 37.9B current US$2008: 52.1B current US$2009: 47.7B current US$2010: 51.2B current US$2011: 65.5B current US$2012: 67.5B current US$2013: 71.9B current US$2014: 78.8B current US$2015: 66.3B current US$2016: 60.8B current US$2017: 64.2B current US$2018: 68.5B current US$2019: 65.8B current US$2020: 57.9B current US$2021: 67.5B current US$2022: 81.4B current US$2023: 80.6B current US$2024: 83.8B current US$

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

Analysis

The most recent figure for commercial service imports in Least developed countries: UN classification is 83.80 billion current US$, measured in 2024. That is the highest value across all 40 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 6.3% over ten years.

Over the whole period, commercial service imports in Least developed countries: UN classification peaked at 83.80 billion current US$ in 2024 and was at its lowest, 5.50 billion current US$, in 1986.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.37 billion current US$ 5.50 billion current US$ 7.52 billion current US$ 5
1990s 10.32 billion current US$ 7.97 billion current US$ 12.56 billion current US$ 10
2000s 26.35 billion current US$ 12.49 billion current US$ 52.07 billion current US$ 10
2010s 66.07 billion current US$ 51.23 billion current US$ 78.82 billion current US$ 10
2020s 74.23 billion current US$ 57.90 billion current US$ 83.80 billion current US$ 5

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Frequently asked questions

What is commercial service imports in Least developed countries: UN classification?
Commercial service imports in Least developed countries: UN classification was 83.80 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 imports recorded in Least developed countries: UN classification?
The highest recorded value was 83.80 billion current US$ in 2024.
What is the lowest commercial service imports recorded in Least developed countries: UN classification?
The lowest recorded value was 5.50 billion current US$ in 1986.
Is commercial service imports rising or falling in Least developed countries: UN classification?
Over the last ten years it is up 6.3%. 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 imports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service imports (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
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to 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.