Commercial service imports (current US$) in Low income
Low income: Commercial service imports (current US$) was 37.86 billion current US$ in 2024. ▲ Rising
Commercial service imports in Low income, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Low income recorded 37.86 billion current US$ for commercial service imports in 2024.
Compared with earlier readings it is down 4.9% on the previous year and up 14.7% over ten years.
Over the whole period, commercial service imports in Low income peaked at 39.82 billion current US$ in 2023 and was at its lowest, 11.51 billion current US$, in 2005.
Low income ranks 45th of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Commercial service imports (current US$) in Low income, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 11.51 billion current US$ | — |
| 2006 | 13.90 billion current US$ | +20.8% |
| 2007 | 16.97 billion current US$ | +22.1% |
| 2008 | 20.39 billion current US$ | +20.2% |
| 2009 | 18.58 billion current US$ | -8.9% |
| 2010 | 22.87 billion current US$ | +23.1% |
| 2011 | 28.19 billion current US$ | +23.3% |
| 2012 | 29.91 billion current US$ | +6.1% |
| 2013 | 30.09 billion current US$ | +0.6% |
| 2014 | 33.02 billion current US$ | +9.7% |
| 2015 | 28.75 billion current US$ | -12.9% |
| 2016 | 27.54 billion current US$ | -4.2% |
| 2017 | 27.52 billion current US$ | -0.0% |
| 2018 | 33.66 billion current US$ | +22.3% |
| 2019 | 31.93 billion current US$ | -5.2% |
| 2020 | 30.02 billion current US$ | -6.0% |
| 2021 | 34.57 billion current US$ | +15.1% |
| 2022 | 39.56 billion current US$ | +14.4% |
| 2023 | 39.82 billion current US$ | +0.6% |
| 2024 | 37.86 billion current US$ | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.27 billion current US$ | 11.51 billion current US$ | 20.39 billion current US$ | 5 |
| 2010s | 29.35 billion current US$ | 22.87 billion current US$ | 33.66 billion current US$ | 10 |
| 2020s | 36.37 billion current US$ | 30.02 billion current US$ | 39.82 billion current US$ | 5 |
Countries ranked near Low income
- 42 Hungary 29.63 billion current US$ compare
- 43 Qatar 28.92 billion current US$ compare
- 44 Kuwait 28.64 billion current US$ compare
- 45 Egypt 26.94 billion current US$ compare
- 46 Iraq 26.61 billion current US$ compare
- 47 Cyprus 25.20 billion current US$ compare
- 48 Ukraine 22.24 billion current US$ 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)
- Commercial service exports 22.58 billion current US$ (2024)
- 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)
Frequently asked questions
- What is commercial service imports in Low income?
- Commercial service imports in Low income was 37.86 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 Low income?
- The highest recorded value was 39.82 billion current US$ in 2023.
- What is the lowest commercial service imports recorded in Low income?
- The lowest recorded value was 11.51 billion current US$ in 2005.
- How does Low income rank for commercial service imports?
- Low income ranks 45th out of 47 groups with data for 2024.
- Is commercial service imports rising or falling in Low income?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this Low income 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
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.