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Imports of Services (BoP, USD) rose 27.0% to USD 1.99 bil in Palestine in 2021

Imports of Services (BoP, USD) (USD bil), 2021
Economy | Palestine | March 1, 2023
$2.99
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Imports of services as a part of balance of payment rose 27.0% to USD 1.99 bil in Palestine in 2021, according to the National Statistical Office.

Historically, imports of services as a part of balance of payment in Palestine reached an all time high of USD 1.99 bil in 2021 and an all time low of USD 0.391 bil in 1995. When compared to Palestine's main peers, imports of services as a part of balance of payment in Egypt amounted to USD 23.1 bil, USD 33.0 bil in Israel, USD 4.16 bil in Jordan and USD 4.74 bil in Lebanon in 2021.

Palestine has been ranked 102nd within the group of 140 countries we follow in terms of imports of services as a part of balance of payment, 28 places above the position seen 10 years ago.

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
Cyprus USD bil 6.60 6.93 8.31 9.09 10.9
Egypt USD bil 17.5 17.2 17.8 18.7 21.2
Iraq USD bil ... ... ... ... 17.8 15.0 16.3 18.0 22.9
Israel USD bil 24.2 26.2 29.3 32.1 33.1
Jordan USD bil 4.61 4.69 4.83 4.86 4.91
Lebanon USD bil ... 13.7 13.3 13.9 14.3 13.2
Libya USD bil 4.66 2.88 4.56 5.06 7.64 ...
Palestine USD bil 1.47 1.41 1.59 1.78 1.90
Saudi Arabia USD bil 88.0 70.3 78.6 84.0 78.7
Sudan USD bil 1.59 1.44 1.60 1.17 1.43
Syria USD bil ... ... ... ... ... ... ... ... ... ... ...