Commercial service imports (current US$) in Least developed countries
Least developed countries: Commercial service imports (current US$) was 83.80 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Least developed countries, 1985–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service imports in Least developed countries is 83.80 billion current US$, measured in 2024. That is the highest value across all 40 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 6.3% over ten years.
Over the whole period, commercial service imports in Least developed countries peaked at 83.80 billion current US$ in 2024 and was at its lowest, 5.50 billion current US$, in 1986.
Least developed countries ranks 39th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports (current US$) in Least developed countries, year by year
| Year | current US$ | Change |
|---|---|---|
| 1985 | 5.65 billion current US$ | — |
| 1986 | 5.50 billion current US$ | -2.7% |
| 1987 | 6.01 billion current US$ | +9.2% |
| 1988 | 7.18 billion current US$ | +19.5% |
| 1989 | 7.52 billion current US$ | +4.8% |
| 1990 | 7.97 billion current US$ | +6.0% |
| 1991 | 8.63 billion current US$ | +8.2% |
| 1992 | 9.17 billion current US$ | +6.3% |
| 1993 | 8.87 billion current US$ | -3.3% |
| 1994 | 9.12 billion current US$ | +2.8% |
| 1995 | 11.33 billion current US$ | +24.2% |
| 1996 | 11.60 billion current US$ | +2.4% |
| 1997 | 12.02 billion current US$ | +3.6% |
| 1998 | 12.56 billion current US$ | +4.5% |
| 1999 | 11.92 billion current US$ | -5.1% |
| 2000 | 12.49 billion current US$ | +4.8% |
| 2001 | 13.92 billion current US$ | +11.5% |
| 2002 | 13.68 billion current US$ | -1.7% |
| 2003 | 14.85 billion current US$ | +8.5% |
| 2004 | 19.06 billion current US$ | +28.4% |
| 2005 | 24.02 billion current US$ | +26.0% |
| 2006 | 27.79 billion current US$ | +15.7% |
| 2007 | 37.92 billion current US$ | +36.5% |
| 2008 | 52.07 billion current US$ | +37.3% |
| 2009 | 47.71 billion current US$ | -8.4% |
| 2010 | 51.23 billion current US$ | +7.4% |
| 2011 | 65.47 billion current US$ | +27.8% |
| 2012 | 67.54 billion current US$ | +3.2% |
| 2013 | 71.92 billion current US$ | +6.5% |
| 2014 | 78.82 billion current US$ | +9.6% |
| 2015 | 66.31 billion current US$ | -15.9% |
| 2016 | 60.85 billion current US$ | -8.2% |
| 2017 | 64.23 billion current US$ | +5.6% |
| 2018 | 68.55 billion current US$ | +6.7% |
| 2019 | 65.79 billion current US$ | -4.0% |
| 2020 | 57.90 billion current US$ | -12.0% |
| 2021 | 67.49 billion current US$ | +16.6% |
| 2022 | 81.39 billion current US$ | +20.6% |
| 2023 | 80.60 billion current US$ | -1.0% |
| 2024 | 83.80 billion current US$ | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.37 billion current US$ | 5.50 billion current US$ | 7.52 billion current US$ | 5 |
| 1990s | 10.32 billion current US$ | 7.97 billion current US$ | 12.56 billion current US$ | 10 |
| 2000s | 26.35 billion current US$ | 12.49 billion current US$ | 52.07 billion current US$ | 10 |
| 2010s | 66.07 billion current US$ | 51.23 billion current US$ | 78.82 billion current US$ | 10 |
| 2020s | 74.23 billion current US$ | 57.90 billion current US$ | 83.80 billion current US$ | 5 |
Countries ranked near Least developed countries
- 36 Philippines 37.77 billion current US$ compare
- 37 Romania 35.67 billion current US$ compare
- 38 Vietnam 35.60 billion current US$ compare
- 39 Greece 30.73 billion current US$ compare
- 40 Iraq 29.76 billion current US$ compare
- 41 Hungary 29.63 billion current US$ compare
- 42 Argentina 29.07 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$), annual growth rate 10.88 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Least developed countries?
- Commercial service imports in Least developed countries was 83.80 billion current US$ 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 Least developed countries?
- The highest recorded value was 83.80 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Least developed countries?
- The lowest recorded value was 5.50 billion current US$ in 1986.
- How does Least developed countries rank for commercial service imports?
- Least developed countries ranks 39th out of 47 groups with data for 2024.
- Is commercial service imports rising or falling in Least developed countries?
- Over the last ten years it is up 6.3%. 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 imports (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
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.