Services balance (credit less debit), Net (credits less debits) in Advanced economies
Advanced economies: Services balance (credit less debit), Net (credits less debits) was 929.55 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Advanced economies, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Advanced economies is 929.55 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 19.6% on the previous year and up 50.6% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Advanced economies peaked at 929.55 billion in 2024 and was at its lowest, 126.76 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) in Advanced economies, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 126.76 billion | — |
| 2006 | 180.76 billion | +42.6% |
| 2007 | 267.60 billion | +48.0% |
| 2008 | 301.47 billion | +12.7% |
| 2009 | 288.92 billion | -4.2% |
| 2010 | 337.62 billion | +16.9% |
| 2011 | 453.06 billion | +34.2% |
| 2012 | 493.27 billion | +8.9% |
| 2013 | 582.43 billion | +18.1% |
| 2014 | 617.09 billion | +6.0% |
| 2015 | 527.72 billion | -14.5% |
| 2016 | 524.36 billion | -0.6% |
| 2017 | 564.83 billion | +7.7% |
| 2018 | 664.08 billion | +17.6% |
| 2019 | 578.21 billion | -12.9% |
| 2020 | 487.33 billion | -15.7% |
| 2021 | 731.94 billion | +50.2% |
| 2022 | 737.85 billion | +0.8% |
| 2023 | 777.48 billion | +5.4% |
| 2024 | 929.55 billion | +19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 233.10 billion | 126.76 billion | 301.47 billion | 5 |
| 2010s | 534.27 billion | 337.62 billion | 664.08 billion | 10 |
| 2020s | 732.83 billion | 487.33 billion | 929.55 billion | 5 |
Countries ranked near Advanced economies
- 1 United States 311.87 billion compare
- 2 United Kingdom of Great Britain and Northern Ireland 247.50 billion compare
- 3 India 178.20 billion compare
- 4 Spain 108.56 billion compare
More financial sector data for Advanced economies
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.13 % change on previous year (2025)
- Gold reserves at market value 2.27 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 3.83 trillion SDR (2025)
- Reserves excluding gold 4.35 trillion SDR (2025)
- Total reserves (gold at market value) 6.62 trillion SDR (2025)
- Total reserves (gold at national valuation) 5.71 trillion SDR (2025)
- Reserves excluding gold (SDR), annual growth rate 3 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 24.94 billion SDR (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 3.41 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 17.24 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Advanced economies?
- Services balance (credit less debit), net (credits less debits) in Advanced economies was 929.55 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Advanced economies?
- The highest recorded value was 929.55 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Advanced economies?
- The lowest recorded value was 126.76 billion in 2005.
- How does Advanced economies rank for services balance (credit less debit), net (credits less debits)?
- Advanced economies ranks 1st out of 9 groups with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Advanced economies?
- Over the last ten years it is up 50.6%. The long-run trend across the full record is rising.
- Where does this Advanced economies data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.