Commercial service exports (current US$), annual growth rate in Least developed countries

Least developed countries: Commercial service exports (current US$), annual growth rate was 14.55 % change on previous year in 2024. ◆ Volatile

Latest (2024)
14.55 % change on previous year
Change on year
up 4.2%
Rank
1st
of 42 groups
All-time high
33.15 % change on previous year
in 2022
All-time low
-37.93 % change on previous year
in 2020
Years of data
40
1985–2024

Commercial service exports (current US$), annual growth rate in Least developed countries, 1985–2024

-40-20020401985200420241985: 15.1 % change on previous year1986: -7.1 % change on previous year1987: 12.5 % change on previous year1988: 0.672 % change on previous year1989: 11.1 % change on previous year1990: 7.9 % change on previous year1991: -3.4 % change on previous year1992: 8.8 % change on previous year1993: 14.1 % change on previous year1994: 14.2 % change on previous year1995: 19.6 % change on previous year1996: 6.6 % change on previous year1997: 7 % change on previous year1998: -4.2 % change on previous year1999: 8.8 % change on previous year2000: 6.8 % change on previous year2001: -3.9 % change on previous year2002: 6.8 % change on previous year2003: 5.2 % change on previous year2004: 23 % change on previous year2005: 17.6 % change on previous year2006: 32.2 % change on previous year2007: 12.3 % change on previous year2008: 21.1 % change on previous year2009: -0.091 % change on previous year2010: 12.9 % change on previous year2011: 21.3 % change on previous year2012: 11.6 % change on previous year2013: 12.6 % change on previous year2014: 9.8 % change on previous year2015: -5.8 % change on previous year2016: -2.5 % change on previous year2017: 8.5 % change on previous year2018: 15.9 % change on previous year2019: 9.2 % change on previous year2020: -37.9 % change on previous year2021: 21.2 % change on previous year2022: 33.2 % change on previous year2023: 14 % change on previous year2024: 14.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, commercial service exports (current us$), annual growth rate in Least developed countries stood at 14.55 % change on previous year.

The figure is up 4.2% on the previous year and up 48.7% over ten years.

Over the whole period, commercial service exports (current us$), annual growth rate in Least developed countries peaked at 33.15 % change on previous year in 2022 and was at its lowest, -37.93 % change on previous year, in 2020.

That places Least developed countries 1st out of 42 groups with data for 2024, putting it in the top 10%.

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

Commercial service exports (current US$), annual growth rate in Least developed countries, year by year

Annual values for Commercial service exports (current US$), annual growth rate in Least developed countries, 1985 to 2024.
Year % change on previous year Change
1985 15.13 % change on previous year
1986 -7.15 % change on previous year -147.3%
1987 12.53 % change on previous year -275.3%
1988 0.6717 % change on previous year -94.6%
1989 11.06 % change on previous year +1546.7%
1990 7.95 % change on previous year -28.1%
1991 -3.36 % change on previous year -142.2%
1992 8.77 % change on previous year -361.2%
1993 14.07 % change on previous year +60.5%
1994 14.2 % change on previous year +0.9%
1995 19.64 % change on previous year +38.3%
1996 6.64 % change on previous year -66.2%
1997 7.05 % change on previous year +6.2%
1998 -4.22 % change on previous year -159.9%
1999 8.82 % change on previous year -308.7%
2000 6.81 % change on previous year -22.7%
2001 -3.9 % change on previous year -157.2%
2002 6.78 % change on previous year -273.9%
2003 5.17 % change on previous year -23.8%
2004 23.01 % change on previous year +345.3%
2005 17.61 % change on previous year -23.5%
2006 32.21 % change on previous year +82.9%
2007 12.34 % change on previous year -61.7%
2008 21.11 % change on previous year +71.1%
2009 -0.0911 % change on previous year -100.4%
2010 12.85 % change on previous year -14206.2%
2011 21.33 % change on previous year +65.9%
2012 11.58 % change on previous year -45.7%
2013 12.55 % change on previous year +8.4%
2014 9.79 % change on previous year -22.0%
2015 -5.78 % change on previous year -159.1%
2016 -2.49 % change on previous year -57.0%
2017 8.51 % change on previous year -442.0%
2018 15.86 % change on previous year +86.4%
2019 9.15 % change on previous year -42.3%
2020 -37.93 % change on previous year -514.4%
2021 21.2 % change on previous year -155.9%
2022 33.15 % change on previous year +56.4%
2023 13.97 % change on previous year -57.9%
2024 14.55 % change on previous year +4.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.45 % change on previous year -7.15 % change on previous year 15.13 % change on previous year 5
1990s 7.96 % change on previous year -4.22 % change on previous year 19.64 % change on previous year 10
2000s 12.1 % change on previous year -3.9 % change on previous year 32.21 % change on previous year 10
2010s 9.33 % change on previous year -5.78 % change on previous year 21.33 % change on previous year 10
2020s 8.99 % change on previous year -37.93 % change on previous year 33.15 % change on previous year 5

Countries ranked near Least developed countries

  1. 1 Libya 666.02 % change on previous year compare
  2. 2 Tuvalu 388.96 % change on previous year compare
  3. 3 Vanuatu 227.75 % change on previous year compare
  4. 4 Guyana 141.25 % change on previous year compare

See the full ranking of 243 places →

More private sector data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is commercial service exports (current us$), annual growth rate in Least developed countries?
Commercial service exports (current us$), annual growth rate in Least developed countries was 14.55 % change on previous year in 2024, according to Statizoid (derived).
What is the highest commercial service exports (current us$), annual growth rate recorded in Least developed countries?
The highest recorded value was 33.15 % change on previous year in 2022.
What is the lowest commercial service exports (current us$), annual growth rate recorded in Least developed countries?
The lowest recorded value was -37.93 % change on previous year in 2020.
How does Least developed countries rank for commercial service exports (current us$), annual growth rate?
Least developed countries ranks 1st out of 42 groups with data for 2024.
Is commercial service exports (current us$), annual growth rate rising or falling in Least developed countries?
Over the last ten years it is up 48.7%. The long-run trend across the full record is volatile.
Where does this Least developed countries data come from?
The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Commercial service exports (current US$), annual growth rate in Least developed countries. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://private-sector.statizoid.com/stat/commercial-service-exports-current-us-annual-growth-rate/least-developed-countries-un-classification/

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How this figure is calculated

The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Commercial service exports (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
243 places, 9,450 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.