Services balance (credit less debit), Net (credits less debits) in Emerging Market and Developing Economies
Emerging Market and Developing Economies: Services balance (credit less debit), Net (credits less debits) was -114.19 billion in 2024. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Emerging Market and Developing Economies, 2005–2024
Source: International Monetary Fund.
Analysis
Emerging Market and Developing Economies recorded -114.19 billion for services balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is up 15.2% on the previous year and up 75.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Emerging Market and Developing Economies peaked at -89.05 billion in 2022 and was at its lowest, -469.03 billion, in 2014.
The long-run direction has been consistently falling across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) in Emerging Market and Developing Economies, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -91.57 billion | — |
| 2006 | -116.93 billion | +27.7% |
| 2007 | -146.22 billion | +25.0% |
| 2008 | -179.09 billion | +22.5% |
| 2009 | -177.93 billion | -0.6% |
| 2010 | -218.28 billion | +22.7% |
| 2011 | -273.21 billion | +25.2% |
| 2012 | -315.22 billion | +15.4% |
| 2013 | -375.80 billion | +19.2% |
| 2014 | -469.03 billion | +24.8% |
| 2015 | -384.42 billion | -18.0% |
| 2016 | -336.04 billion | -12.6% |
| 2017 | -354.16 billion | +5.4% |
| 2018 | -372.88 billion | +5.3% |
| 2019 | -309.12 billion | -17.1% |
| 2020 | -244.30 billion | -21.0% |
| 2021 | -203.68 billion | -16.6% |
| 2022 | -89.05 billion | -56.3% |
| 2023 | -134.60 billion | +51.2% |
| 2024 | -114.19 billion | -15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -142.35 billion | -179.09 billion | -91.57 billion | 5 |
| 2010s | -340.81 billion | -469.03 billion | -218.28 billion | 10 |
| 2020s | -157.16 billion | -244.30 billion | -89.05 billion | 5 |
Countries ranked near Emerging Market and Developing Economies
More financial sector data for Emerging Market and Developing Economies
- Reserve tranche position, SDR, annual growth rate 4.31 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 12.85 billion SDR (2025)
- Gold reserves at market value 1.12 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 5.78 trillion SDR (2025)
- Reserves excluding gold 6.01 trillion SDR (2025)
- Total reserves (gold at market value) 7.12 trillion SDR (2025)
- Total reserves (gold at national valuation) 7.04 trillion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 5.93 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 6.42 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.0893 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Emerging Market and Developing Economies?
- Services balance (credit less debit), net (credits less debits) in Emerging Market and Developing Economies was -114.19 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Emerging Market and Developing Economies?
- The highest recorded value was -89.05 billion in 2022.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Emerging Market and Developing Economies?
- The lowest recorded value was -469.03 billion in 2014.
- How does Emerging Market and Developing Economies rank for services balance (credit less debit), net (credits less debits)?
- Emerging Market and Developing Economies ranks 9th out of 9 groups with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Emerging Market and Developing Economies?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is falling.
- Where does this Emerging Market and Developing 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.