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Service imports in current prices

(US dollars)

In 2017, service imports in Guatemala was 3,266 million US dollars. In the ranking by service imports including 154 countries, Guatemala has the 39th rank that is close to the positions of such countries as Dominica and the Jamaica. Compared to Germany which at the top of the ranking with service imports of 332,517 million US dollars in 2017, Guatemala has 99.02 % percent lower service imports.

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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)