Commercial service exports (current US$), annual growth rate in Low income
Low income: Commercial service exports (current US$), annual growth rate was 9.57 % change on previous year in 2024. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Low income, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, commercial service exports (current us$), annual growth rate in Low income stood at 9.57 % change on previous year.
Compared with earlier readings it is up 49.8% on the previous year and down 7.1% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Low income peaked at 57.28 % change on previous year in 2004 and was at its lowest, -22.79 % change on previous year, in 2020.
Low income ranks 18th of 42 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Low income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 20.02 % change on previous year | — |
| 1993 | 17.08 % change on previous year | -14.7% |
| 1994 | 12.02 % change on previous year | -29.6% |
| 1995 | 3.93 % change on previous year | -67.3% |
| 1996 | 2.27 % change on previous year | -42.2% |
| 1997 | -4.35 % change on previous year | -291.6% |
| 1998 | -0.5584 % change on previous year | -87.2% |
| 1999 | 6.05 % change on previous year | -1182.7% |
| 2000 | 4.44 % change on previous year | -26.5% |
| 2001 | 5.81 % change on previous year | +30.8% |
| 2002 | 0.789 % change on previous year | -86.4% |
| 2003 | -2.91 % change on previous year | -469.4% |
| 2004 | 57.28 % change on previous year | -2065.5% |
| 2005 | 11.76 % change on previous year | -79.5% |
| 2006 | 13.19 % change on previous year | +12.1% |
| 2007 | 31.81 % change on previous year | +141.3% |
| 2008 | 27.74 % change on previous year | -12.8% |
| 2009 | 4.08 % change on previous year | -85.3% |
| 2010 | 26.66 % change on previous year | +552.7% |
| 2011 | 22.12 % change on previous year | -17.0% |
| 2012 | 7.65 % change on previous year | -65.4% |
| 2013 | -3.07 % change on previous year | -140.1% |
| 2014 | 10.3 % change on previous year | -435.9% |
| 2015 | -15.17 % change on previous year | -247.3% |
| 2016 | -7.9 % change on previous year | -47.9% |
| 2017 | 9.05 % change on previous year | -214.6% |
| 2018 | 21.03 % change on previous year | +132.5% |
| 2019 | 2.95 % change on previous year | -86.0% |
| 2020 | -22.79 % change on previous year | -872.5% |
| 2021 | 24.27 % change on previous year | -206.5% |
| 2022 | 22.93 % change on previous year | -5.5% |
| 2023 | 6.39 % change on previous year | -72.1% |
| 2024 | 9.57 % change on previous year | +49.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.06 % change on previous year | -4.35 % change on previous year | 20.02 % change on previous year | 8 |
| 2000s | 15.4 % change on previous year | -2.91 % change on previous year | 57.28 % change on previous year | 10 |
| 2010s | 7.36 % change on previous year | -15.17 % change on previous year | 26.66 % change on previous year | 10 |
| 2020s | 8.08 % change on previous year | -22.79 % change on previous year | 24.27 % change on previous year | 5 |
Countries ranked near Low income
- 15 Zambia 47.93 % change on previous year compare
- 16 Myanmar 46.1 % change on previous year compare
- 17 Uzbekistan 41.73 % change on previous year compare
- 18 Iran 38.89 % change on previous year compare
- 19 Tonga 36.95 % change on previous year compare
- 20 Sao Tome and Principe 35.22 % change on previous year compare
- 21 Kosovo 34.72 % change on previous year compare
More private sector data for Low income
- Merchandise trade 40.8% (2025)
- Food imports 17.6% (2019)
- Manufactures imports 59.0% (2019)
- Merchandise imports 152.49 billion current US$ (2025)
- Merchandise exports 106.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 139.04 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.166 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 15.25 % change on previous year (2025)
- Merchandise imports (current US$), per capita 198.69 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.2373 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Low income?
- Commercial service exports (current us$), annual growth rate in Low income was 9.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Low income?
- The highest recorded value was 57.28 % change on previous year in 2004.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Low income?
- The lowest recorded value was -22.79 % change on previous year in 2020.
- How does Low income rank for commercial service exports (current us$), annual growth rate?
- Low income ranks 18th out of 42 groups with data for 2024.
- Is commercial service exports (current us$), annual growth rate rising or falling in Low income?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is volatile.
- Where does this Low income data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
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.