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Imports of Services (BoP, USD) rose 12.1% to USD 2,104 bil in the European Union in 2021

Imports of Services (BoP, USD) (USD bil), 2021
Economy | European Union | February 1, 2023
$2.99
Excel Sheet

Imports of services as a part of balance of payment rose 12.1% to USD 2,104 bil in the European Union in 2021, according to the National Statistical Office.

Historically, imports of services as a part of balance of payment in the European Union reached an all time high of USD 2,104 bil in 2021 and an all time low of USD 76.7 bil in 1975. When compared to European Union's main peers, imports of services as a part of balance of payment in China amounted to USD 438 bil, USD 208 bil in Japan, USD 75.9 bil in Russia and USD 550 bil in USA in 2021.

European Union has been ranked th within the group of 140 countries we follow in terms of imports of services as a part of balance of payment.

Imports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Canada USD bil 105 105 112 122 126
China USD bil 436 442 472 526 506
European Union USD bil 1,586 1,634 1,782 1,957 2,057
Germany USD bil 301 317 349 375 376
India USD bil 82.6 95.9 109 124 131
Japan USD bil 179 186 193 203 219
Mexico USD bil 32.7 33.0 37.1 40.0 39.6
Russia USD bil 88.8 74.6 88.9 94.7 98.5
South Korea USD bil 112 112 126 133 131
USA USD bil 498 513 548 565 594