Commercial service exports (current US$) in Least developed countries
Least developed countries: Commercial service exports (current US$) was 56.64 billion current US$ in 2024. ◆ Volatile
Commercial service exports in Least developed countries, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, commercial service exports in Least developed countries stood at 56.64 billion current US$. That is the highest value across all 41 years on record.
The figure is up 14.5% on the previous year and up 64.9% over ten years.
Over the whole period, commercial service exports in Least developed countries peaked at 56.64 billion current US$ in 2024 and was at its lowest, 2.15 billion current US$, in 1984.
That places Least developed countries 38th out of 45 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$) in Least developed countries, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 2.15 billion current US$ | — |
| 1985 | 2.47 billion current US$ | +15.1% |
| 1986 | 2.29 billion current US$ | -7.1% |
| 1987 | 2.58 billion current US$ | +12.5% |
| 1988 | 2.60 billion current US$ | +0.7% |
| 1989 | 2.89 billion current US$ | +11.1% |
| 1990 | 3.12 billion current US$ | +7.9% |
| 1991 | 3.01 billion current US$ | -3.4% |
| 1992 | 3.28 billion current US$ | +8.8% |
| 1993 | 3.74 billion current US$ | +14.1% |
| 1994 | 4.27 billion current US$ | +14.2% |
| 1995 | 5.10 billion current US$ | +19.6% |
| 1996 | 5.44 billion current US$ | +6.6% |
| 1997 | 5.83 billion current US$ | +7.0% |
| 1998 | 5.58 billion current US$ | -4.2% |
| 1999 | 6.07 billion current US$ | +8.8% |
| 2000 | 6.49 billion current US$ | +6.8% |
| 2001 | 6.23 billion current US$ | -3.9% |
| 2002 | 6.66 billion current US$ | +6.8% |
| 2003 | 7.00 billion current US$ | +5.2% |
| 2004 | 8.61 billion current US$ | +23.0% |
| 2005 | 10.13 billion current US$ | +17.6% |
| 2006 | 13.39 billion current US$ | +32.2% |
| 2007 | 15.04 billion current US$ | +12.3% |
| 2008 | 18.22 billion current US$ | +21.1% |
| 2009 | 18.20 billion current US$ | -0.1% |
| 2010 | 20.54 billion current US$ | +12.9% |
| 2011 | 24.92 billion current US$ | +21.3% |
| 2012 | 27.80 billion current US$ | +11.6% |
| 2013 | 31.29 billion current US$ | +12.5% |
| 2014 | 34.36 billion current US$ | +9.8% |
| 2015 | 32.37 billion current US$ | -5.8% |
| 2016 | 31.57 billion current US$ | -2.5% |
| 2017 | 34.25 billion current US$ | +8.5% |
| 2018 | 39.68 billion current US$ | +15.9% |
| 2019 | 43.31 billion current US$ | +9.2% |
| 2020 | 26.89 billion current US$ | -37.9% |
| 2021 | 32.58 billion current US$ | +21.2% |
| 2022 | 43.39 billion current US$ | +33.2% |
| 2023 | 49.45 billion current US$ | +14.0% |
| 2024 | 56.64 billion current US$ | +14.5% |
Biggest year-on-year movements
Years where Commercial service exports (current US$) in Least developed countries changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -37.9% | 43.31 billion current US$ | 26.89 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.50 billion current US$ | 2.15 billion current US$ | 2.89 billion current US$ | 6 |
| 1990s | 4.54 billion current US$ | 3.01 billion current US$ | 6.07 billion current US$ | 10 |
| 2000s | 11.00 billion current US$ | 6.23 billion current US$ | 18.22 billion current US$ | 10 |
| 2010s | 32.01 billion current US$ | 20.54 billion current US$ | 43.31 billion current US$ | 10 |
| 2020s | 41.79 billion current US$ | 26.89 billion current US$ | 56.64 billion current US$ | 5 |
Countries ranked near Least developed countries
- 35 Romania 50.00 billion current US$ compare
- 36 Czechia 47.51 billion current US$ compare
- 37 Russia 45.28 billion current US$ compare
- 38 Finland 43.50 billion current US$ compare
- 39 Hungary 42.88 billion current US$ compare
- 40 Indonesia 42.28 billion current US$ compare
- 41 Macao 40.97 billion current US$ compare
More private sector data for Least developed countries
- Merchandise trade 41.4% (2025)
- Food imports 15.6% (2019)
- Manufactures imports 62.6% (2019)
- Merchandise imports 376.94 billion current US$ (2025)
- Food exports 15.1% (2023)
- Manufactures exports 20.1% (2023)
- Merchandise exports 311.48 billion current US$ (2025)
- Merchandise exports (current US$), per capita 256.54 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1884 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.88 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Least developed countries?
- Commercial service exports in Least developed countries was 56.64 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Least developed countries?
- The highest recorded value was 56.64 billion current US$ in 2024.
- What is the lowest commercial service exports recorded in Least developed countries?
- The lowest recorded value was 2.15 billion current US$ in 1984.
- How does Least developed countries rank for commercial service exports?
- Least developed countries ranks 38th out of 45 groups with data for 2024.
- Is commercial service exports rising or falling in Least developed countries?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this Least developed countries 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 exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. 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.