Commercial service imports in Small states
Small states: Commercial service imports was 87.85 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Small states, 1976–2024
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$, in 1976.
That places Small states 38th out of 48 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.80 billion current US$ | 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
- 35 Czechia 42.84 billion current US$ compare
- 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
More private sector data for Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.0% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 141.38 billion current US$ (2025)
- Food exports 19.2% (2024)
- Manufactures exports 43.9% (2024)
- Merchandise exports 100.88 billion current US$ (2025)
- Commercial service exports 121.15 billion current US$ (2024)
- Transport services 26.0% (2024)
- Computer, communications and other services 48.6% (2024)
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.
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CSV · JSON — 49 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.