Services balance (credit less debit), Net (credits less debits) (US) in Emerging and Developing Asia
Emerging and Developing Asia: Services balance (credit less debit), Net (credits less debits) (US) was -74.19 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Emerging and Developing Asia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Emerging and Developing Asia is -74.19 billion, measured in 2024.
The figure is up 4.4% on the previous year and up 49.2% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Emerging and Developing Asia peaked at 25.84 billion in 2008 and was at its lowest, -190.61 billion, in 2018.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Emerging and Developing Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -19.03 billion | — |
| 2006 | -16.91 billion | -11.1% |
| 2007 | 3.28 billion | -119.4% |
| 2008 | 25.84 billion | +688.9% |
| 2009 | 9.52 billion | -63.1% |
| 2010 | 6.59 billion | -30.8% |
| 2011 | -2.98 billion | -145.2% |
| 2012 | -29.08 billion | +876.0% |
| 2013 | -62.41 billion | +114.6% |
| 2014 | -145.92 billion | +133.8% |
| 2015 | -142.92 billion | -2.1% |
| 2016 | -156.14 billion | +9.2% |
| 2017 | -167.01 billion | +7.0% |
| 2018 | -190.61 billion | +14.1% |
| 2019 | -149.59 billion | -21.5% |
| 2020 | -103.09 billion | -31.1% |
| 2021 | -70.74 billion | -31.4% |
| 2022 | -15.75 billion | -77.7% |
| 2023 | -77.61 billion | +392.6% |
| 2024 | -74.19 billion | -4.4% |
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) in Emerging and Developing Asia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -876.0% | -2.98 billion | -29.08 billion |
| 2008 | +688.9% | 3.28 billion | 25.84 billion |
| 2023 | -392.6% | -15.75 billion | -77.61 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 541.38 million | -19.03 billion | 25.84 billion | 5 |
| 2010s | -104.01 billion | -190.61 billion | 6.59 billion | 10 |
| 2020s | -68.28 billion | -103.09 billion | -15.75 billion | 5 |
Countries ranked near Emerging and Developing Asia
More financial sector data for Emerging and Developing Asia
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.51 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.49 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.2956 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate -0.2493 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.69 % change on previous year (2025)
- Total reserves (gold at market value) 3.89 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 3.41 trillion SDR (2025)
- Reserves excluding gold 3.50 trillion SDR (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.67 % change on previous year (2025)
- Total reserves (gold at national valuation) 3.88 trillion SDR (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Emerging and Developing Asia?
- Services balance (credit less debit), net (credits less debits) in Emerging and Developing Asia was -74.19 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Emerging and Developing Asia?
- The highest recorded value was 25.84 billion in 2008.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Emerging and Developing Asia?
- The lowest recorded value was -190.61 billion in 2018.
- How does Emerging and Developing Asia rank for services balance (credit less debit), net (credits less debits)?
- Emerging and Developing Asia ranks 8th out of 9 groups with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Emerging and Developing Asia?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is volatile.
- Where does this Emerging and Developing Asia 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.