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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |