Services balance (credit less debit), Net (credits less debits) in Middle East and Central Asia
Middle East and Central Asia: Services balance (credit less debit), Net (credits less debits) was -37.18 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Middle East and Central Asia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Middle East and Central Asia is -37.18 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 79.9% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Middle East and Central Asia peaked at -37.18 billion in 2024 and was at its lowest, -185.27 billion, in 2014.
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 Middle East and Central Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -57.40 billion | — |
| 2006 | -75.83 billion | +32.1% |
| 2007 | -100.97 billion | +33.2% |
| 2008 | -130.47 billion | +29.2% |
| 2009 | -119.51 billion | -8.4% |
| 2010 | -123.80 billion | +3.6% |
| 2011 | -144.11 billion | +16.4% |
| 2012 | -152.94 billion | +6.1% |
| 2013 | -174.98 billion | +14.4% |
| 2014 | -185.27 billion | +5.9% |
| 2015 | -154.24 billion | -16.7% |
| 2016 | -134.41 billion | -12.9% |
| 2017 | -137.92 billion | +2.6% |
| 2018 | -137.40 billion | -0.4% |
| 2019 | -122.66 billion | -10.7% |
| 2020 | -95.38 billion | -22.2% |
| 2021 | -101.81 billion | +6.7% |
| 2022 | -40.05 billion | -60.7% |
| 2023 | -41.29 billion | +3.1% |
| 2024 | -37.18 billion | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -96.83 billion | -130.47 billion | -57.40 billion | 5 |
| 2010s | -146.77 billion | -185.27 billion | -122.66 billion | 10 |
| 2020s | -63.14 billion | -101.81 billion | -37.18 billion | 5 |
Countries ranked near Middle East and Central Asia
More financial sector data for Middle East and Central Asia
- Total reserves (gold at market value) 1.18 trillion SDR (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.5641 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate -0.5256 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 7.67 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 5.39 % change on previous year (2025)
- Total reserves (gold at national valuation) 1.11 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 893.42 billion SDR (2025)
- Gold reserves at 35 SDRs per ounce 3.03 billion SDR (2025)
- Gold reserves at market value 245.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.31 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Middle East and Central Asia?
- Services balance (credit less debit), net (credits less debits) in Middle East and Central Asia was -37.18 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Middle East and Central Asia?
- The highest recorded value was -37.18 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Middle East and Central Asia?
- The lowest recorded value was -185.27 billion in 2014.
- How does Middle East and Central Asia rank for services balance (credit less debit), net (credits less debits)?
- Middle East and Central Asia ranks 5th out of 9 groups with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Middle East and Central Asia?
- Over the last ten years it is up 79.9%. The long-run trend across the full record is rising.
- Where does this Middle East and Central 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.