Service imports in current prices

(US dollars)

The United States of America is the top country by service imports in the world. As of 2022, service imports in the United States of America was 696,709 million US dollars that accounts for 11.15% of the world's service imports. The top 5 countries (others are China, Germany, Ireland, and the United Kingdom) account for 36.69% of it. The world's total service imports was estimated at 6,250,130 million US dollars in 2022.

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What is service imports?

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)