Service exports in Least developed countries: UN classification

Least developed countries: UN classification: Service exports was 60.72 billion BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
60.72 billion BoP, current US$
Change on year
up 13.5%
All-time high
60.72 billion BoP, current US$
in 2024
All-time low
2.80 billion BoP, current US$
in 1984
Years of data
45
1980–2024

Service exports in Least developed countries: UN classification, 1980–2024

020.0B40.0B60.0B1980200220241980: 3.1B BoP, current US$1981: 3.5B BoP, current US$1982: 3.2B BoP, current US$1983: 2.9B BoP, current US$1984: 2.8B BoP, current US$1985: 3.2B BoP, current US$1986: 3.1B BoP, current US$1987: 3.5B BoP, current US$1988: 3.6B BoP, current US$1989: 3.9B BoP, current US$1990: 4.2B BoP, current US$1991: 4.1B BoP, current US$1992: 4.4B BoP, current US$1993: 4.9B BoP, current US$1994: 5.5B BoP, current US$1995: 6.5B BoP, current US$1996: 6.8B BoP, current US$1997: 7.1B BoP, current US$1998: 7.1B BoP, current US$1999: 7.8B BoP, current US$2000: 8.1B BoP, current US$2001: 7.9B BoP, current US$2002: 8.5B BoP, current US$2003: 9.0B BoP, current US$2004: 10.9B BoP, current US$2005: 12.7B BoP, current US$2006: 16.1B BoP, current US$2007: 18.0B BoP, current US$2008: 22.0B BoP, current US$2009: 21.3B BoP, current US$2010: 23.9B BoP, current US$2011: 28.9B BoP, current US$2012: 31.4B BoP, current US$2013: 35.5B BoP, current US$2014: 38.4B BoP, current US$2015: 36.7B BoP, current US$2016: 35.9B BoP, current US$2017: 38.6B BoP, current US$2018: 45.3B BoP, current US$2019: 49.2B BoP, current US$2020: 32.5B BoP, current US$2021: 37.9B BoP, current US$2022: 48.6B BoP, current US$2023: 53.5B BoP, current US$2024: 60.7B BoP, current US$

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

Analysis

In 2024, service exports in Least developed countries: UN classification stood at 60.72 billion BoP, current US$. That is the highest value across all 45 years on record.

The figure is up 13.5% on the previous year and up 58.2% over ten years.

Over the whole period, service exports in Least developed countries: UN classification peaked at 60.72 billion BoP, current US$ in 2024 and was at its lowest, 2.80 billion BoP, 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 3.27 billion BoP, current US$ 2.80 billion BoP, current US$ 3.87 billion BoP, current US$ 10
1990s 5.84 billion BoP, current US$ 4.08 billion BoP, current US$ 7.78 billion BoP, current US$ 10
2000s 13.46 billion BoP, current US$ 7.93 billion BoP, current US$ 21.99 billion BoP, current US$ 10
2010s 36.37 billion BoP, current US$ 23.90 billion BoP, current US$ 49.22 billion BoP, current US$ 10
2020s 46.64 billion BoP, current US$ 32.46 billion BoP, current US$ 60.72 billion BoP, current US$ 5

More economy & growth data for Least developed countries: UN classification

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Frequently asked questions

What is service exports in Least developed countries: UN classification?
Service exports in Least developed countries: UN classification was 60.72 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest service exports recorded in Least developed countries: UN classification?
The highest recorded value was 60.72 billion BoP, current US$ in 2024.
What is the lowest service exports recorded in Least developed countries: UN classification?
The lowest recorded value was 2.80 billion BoP, current US$ in 1984.
Is service exports rising or falling in Least developed countries: UN classification?
Over the last ten years it is up 58.2%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Service exports (BoP, current US$)
Unit
BoP, current US$
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, 9,729 data points, 1960–2025
Last refreshed

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.