Imports of Services (BoP, USD) rose 5.7672694988167% to USD 1.50 bil in Palestine in 2017

Imports of Services (BoP, USD) (USD bil)
Economy | Palestine | February 1, 2019
$2.99
Excel Sheet

Imports of services as a part of balance of payment reached 1.50 USD bil in 2017 in Palestine, according to the National Statistical Office. This is 5.77 % more than in the previous year.

Historically, imports of services as a part of balance of payment in Palestine reached an all time high of 1.50 USD bil in 2017 and an all time low of 0.391 USD bil in 1995. When compared to Palestine's main peers, imports of services as a part of balance of payment in Egypt amounted to 17.8 USD bil, 28.8 USD bil in Israel, 4.74 USD bil in Jordan and 13.8 USD bil in Lebanon in 2017.

Palestine has been ranked 116th within the group of 156 countries we follow in terms of imports of services as a part of balance of payment, 11 places above the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

Imports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Cyprus USD bil 5.59 5.33 6.19 6.55 6.05
Egypt USD bil 14.1 16.5 16.4 17.5 17.5
Iraq USD bil 11.1 13.3 17.6 18.8 17.8
Israel USD bil 20.4 22.1 22.6 23.6 23.9
Jordan USD bil 4.48 4.54 4.61 4.63 4.53
Lebanon USD bil 12.1 11.5 12.9 13.2 13.7
Libya USD bil 4.39 7.00 8.47 7.46 4.66 ...
Palestine USD bil 0.891 1.03 0.988 0.995 1.48
Saudi Arabia USD bil 78.0 73.4 76.7 101 88.0
Sudan USD bil 2.90 2.11 2.03 2.07 1.59
Syria USD bil ... ... ... ... ... ... ...