Commercial service imports in Small states

Small states: Commercial service imports was 87.85 billion current US$ in 2024. ◆ Volatile

Latest (2024)
87.85 billion current US$
Change on year
up 9.3%
Rank
38th
of 48 groups
All-time high
87.85 billion current US$
in 2024
All-time low
1.21 billion current US$
in 1976
Years of data
49
1976–2024

Commercial service imports in Small states, 1976–2024

020.0B40.0B60.0B80.0B197620002024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2024, commercial service imports in Small states stood at 87.85 billion current US$. That is the highest value across all 49 years on record.

That represents a change of up 9.3% on the previous year and up 98.6% over ten years.

Over the whole period, commercial service imports in Small states peaked at 87.85 billion current US$ in 2024 and was at its lowest, 1.21 billion current US$, in 1976.

That places Small states 38th out of 48 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.80 billion current US$ 1.21 billion current US$ 2.47 billion current US$ 4
1980s 3.75 billion current US$ 3.01 billion current US$ 4.79 billion current US$ 10
1990s 7.65 billion current US$ 5.58 billion current US$ 10.08 billion current US$ 10
2000s 19.34 billion current US$ 10.91 billion current US$ 32.31 billion current US$ 10
2010s 42.99 billion current US$ 31.40 billion current US$ 53.82 billion current US$ 10
2020s 71.07 billion current US$ 50.97 billion current US$ 87.85 billion current US$ 5

Countries ranked near Small states

  1. 35 Czechia 42.84 billion current US$ compare
  2. 36 Philippines 37.77 billion current US$ compare
  3. 37 Romania 35.67 billion current US$ compare
  4. 38 Vietnam 35.60 billion current US$ compare
  5. 39 Greece 30.73 billion current US$ compare
  6. 40 Iraq 29.76 billion current US$ compare
  7. 41 Hungary 29.63 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Small states

All data for Small states →

Frequently asked questions

What is commercial service imports in Small states?
Commercial service imports in Small states was 87.85 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 Small states?
The highest recorded value was 87.85 billion current US$ in 2024.
What is the lowest commercial service imports recorded in Small states?
The lowest recorded value was 1.21 billion current US$ in 1976.
How does Small states rank for commercial service imports?
Small states ranks 38th out of 48 groups with data for 2024.
Is commercial service imports rising or falling in Small states?
Over the last ten years it is up 98.6%. The long-run trend across the full record is volatile.
Where does this Small states 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 — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

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.