Commercial service imports in Low income

Low income: Commercial service imports was 38.73 billion current US$ in 2024. ▲ Rising

Latest (2024)
38.73 billion current US$
Change on year
down 4.5%
All-time high
40.56 billion current US$
in 2023
All-time low
11.51 billion current US$
in 2005
Years of data
20
2005–2024

Commercial service imports in Low income, 2005–2024

10.0B20.0B30.0B40.0B2005201420242005: 11.5B current US$2006: 13.9B current US$2007: 17.0B current US$2008: 20.4B current US$2009: 18.6B current US$2010: 22.9B current US$2011: 28.2B current US$2012: 29.9B current US$2013: 30.1B current US$2014: 33.0B current US$2015: 28.8B current US$2016: 27.5B current US$2017: 27.5B current US$2018: 33.7B current US$2019: 31.9B current US$2020: 30.0B current US$2021: 34.6B current US$2022: 39.6B current US$2023: 40.6B current US$2024: 38.7B current US$

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

Analysis

Low income recorded 38.73 billion current US$ for commercial service imports in 2024.

Compared with earlier readings it is down 4.5% on the previous year and up 17.3% over ten years.

Over the whole period, commercial service imports in Low income peaked at 40.56 billion current US$ in 2023 and was at its lowest, 11.51 billion current US$, in 2005.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.27 billion current US$ 11.51 billion current US$ 20.39 billion current US$ 5
2010s 29.35 billion current US$ 22.87 billion current US$ 33.66 billion current US$ 10
2020s 36.69 billion current US$ 30.02 billion current US$ 40.56 billion current US$ 5

More private sector data for Low income

All data for Low income →

Frequently asked questions

What is commercial service imports in Low income?
Commercial service imports in Low income was 38.73 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 Low income?
The highest recorded value was 40.56 billion current US$ in 2023.
What is the lowest commercial service imports recorded in Low income?
The lowest recorded value was 11.51 billion current US$ in 2005.
Is commercial service imports rising or falling in Low income?
Over the last ten years it is up 17.3%. The long-run trend across the full record is rising.
Where does this Low income 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.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.