Services, Credit/Revenue in Emerging Market and Developing Economies

Emerging Market and Developing Economies: Services, Credit/Revenue was 2.31 trillion in 2024. ▲ Rising

Latest (2024)
2.31 trillion
Change on year
up 10.5%
Rank
3rd
of 9 groups
All-time high
2.31 trillion
in 2024
All-time low
536.62 billion
in 2005
Years of data
20
2005–2024

Services, Credit/Revenue in Emerging Market and Developing Economies, 2005–2024

500.0B1.0T1.5T2.0T2.5T2005201420242005: 536.6B2006: 627.9B2007: 780.8B2008: 913.8B2009: 819.7B2010: 949.0B2011: 1.1T2012: 1.1T2013: 1.2T2014: 1.3T2015: 1.2T2016: 1.3T2017: 1.4T2018: 1.5T2019: 1.6T2020: 1.2T2021: 1.5T2022: 1.9T2023: 2.1T2024: 2.3T

Source: International Monetary Fund.

Analysis

Emerging Market and Developing Economies recorded 2.31 trillion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 10.5% on the previous year and up 80.5% over ten years.

Over the whole period, services, credit/revenue in Emerging Market and Developing Economies peaked at 2.31 trillion in 2024 and was at its lowest, 536.62 billion, in 2005.

The long-run direction has been consistently rising across the 20 years of available data.

Services, Credit/Revenue in Emerging Market and Developing Economies, year by year

Annual values for Services, Credit/Revenue (US dollar) in Emerging Market and Developing Economies, 2005 to 2024.
Year Value Change
2005 536.62 billion
2006 627.86 billion +17.0%
2007 780.82 billion +24.4%
2008 913.79 billion +17.0%
2009 819.73 billion -10.3%
2010 949.00 billion +15.8%
2011 1.07 trillion +12.6%
2012 1.13 trillion +5.5%
2013 1.20 trillion +6.1%
2014 1.28 trillion +7.1%
2015 1.24 trillion -2.9%
2016 1.26 trillion +1.2%
2017 1.38 trillion +9.5%
2018 1.54 trillion +11.3%
2019 1.60 trillion +4.1%
2020 1.19 trillion -25.3%
2021 1.50 trillion +25.3%
2022 1.92 trillion +28.6%
2023 2.09 trillion +8.7%
2024 2.31 trillion +10.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 735.76 billion 536.62 billion 913.79 billion 5
2010s 1.26 trillion 949.00 billion 1.60 trillion 10
2020s 1.80 trillion 1.19 trillion 2.31 trillion 5

Countries ranked near Emerging Market and Developing Economies

  1. 1 United States 1.15 trillion compare
  2. 2 United Kingdom 649.28 billion compare
  3. 3 Ireland 525.95 billion compare
  4. 4 Germany 470.06 billion compare
  5. 5 France 402.65 billion compare
  6. 6 Singapore 395.57 billion compare

See the full ranking of 207 places →

More financial sector data for Emerging Market and Developing Economies

All data for Emerging Market and Developing Economies →

Frequently asked questions

What is services, credit/revenue in Emerging Market and Developing Economies?
Services, credit/revenue in Emerging Market and Developing Economies was 2.31 trillion in 2024, according to International Monetary Fund.
What is the highest services, credit/revenue recorded in Emerging Market and Developing Economies?
The highest recorded value was 2.31 trillion in 2024.
What is the lowest services, credit/revenue recorded in Emerging Market and Developing Economies?
The lowest recorded value was 536.62 billion in 2005.
How does Emerging Market and Developing Economies rank for services, credit/revenue?
Emerging Market and Developing Economies ranks 3rd out of 9 groups with data for 2024.
Is services, credit/revenue rising or falling in Emerging Market and Developing Economies?
Over the last ten years it is up 80.5%. The long-run trend across the full record is rising.
Where does this Emerging Market and Developing 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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Services, Credit/Revenue in Emerging Market and Developing Economies. Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://financial-sector.statizoid.com/stat/services-credit-revenue-us-dollar/emerging-market-and-developing-economies/

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About this data

Indicator
Services, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.