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Service exports in current prices

(US dollars)

In 2017, service exports in Guatemala was 2,853 million US dollars. In the ranking by service exports including 154 countries, Guatemala has the 40th rank that is close to the positions of such countries as Dominica and the Honduras. Compared to Germany which at the top of the ranking with service exports of 308,677 million US dollars in 2017, Guatemala has 99.08 % percent lower service exports.

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What is service exports?

Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993)