Services, Credit/Revenue in Advanced economies
Advanced economies: Services, Credit/Revenue was 6.45 trillion in 2024. ▲ Rising
Services, Credit/Revenue in Advanced economies, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, credit/revenue in Advanced economies is 6.45 trillion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 8.9% on the previous year and up 61.4% over ten years.
Over the whole period, services, credit/revenue in Advanced economies peaked at 6.45 trillion in 2024 and was at its lowest, 2.11 trillion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Advanced economies, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.11 trillion | — |
| 2006 | 2.36 trillion | +11.9% |
| 2007 | 2.79 trillion | +18.2% |
| 2008 | 3.11 trillion | +11.5% |
| 2009 | 2.79 trillion | -10.3% |
| 2010 | 3.02 trillion | +7.9% |
| 2011 | 3.40 trillion | +12.7% |
| 2012 | 3.48 trillion | +2.5% |
| 2013 | 3.74 trillion | +7.3% |
| 2014 | 4.00 trillion | +7.0% |
| 2015 | 3.80 trillion | -5.1% |
| 2016 | 3.87 trillion | +1.9% |
| 2017 | 4.20 trillion | +8.7% |
| 2018 | 4.59 trillion | +9.3% |
| 2019 | 4.71 trillion | +2.7% |
| 2020 | 4.08 trillion | -13.5% |
| 2021 | 4.84 trillion | +18.7% |
| 2022 | 5.43 trillion | +12.2% |
| 2023 | 5.92 trillion | +9.1% |
| 2024 | 6.45 trillion | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.64 trillion | 2.11 trillion | 3.11 trillion | 5 |
| 2010s | 3.88 trillion | 3.02 trillion | 4.71 trillion | 10 |
| 2020s | 5.34 trillion | 4.08 trillion | 6.45 trillion | 5 |
Countries ranked near Advanced economies
- 1 United States of America 1.15 trillion compare
- 2 United Kingdom of Great Britain and Northern Ireland 649.28 billion compare
- 3 Ireland 525.95 billion compare
- 4 Germany 470.06 billion compare
- 5 France 402.65 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, credit/revenue in Advanced economies?
- Services, credit/revenue in Advanced economies was 6.45 trillion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Advanced economies?
- The highest recorded value was 6.45 trillion in 2024.
- What is the lowest services, credit/revenue recorded in Advanced economies?
- The lowest recorded value was 2.11 trillion in 2005.
- How does Advanced economies rank for services, credit/revenue?
- Advanced economies ranks 2nd out of 9 groups with data for 2024.
- Is services, credit/revenue rising or falling in Advanced economies?
- Over the last ten years it is up 61.4%. 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, Credit/Revenue (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.