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|
|Saudi Arabia||USD bil||78.0||73.4||76.7||101||88.0|