Exports of Services (BoP, USD) in Italy

Exports of services as a part of balance of payment reached 112 USD bil in 2017 in Italy, according to the National Statistical Office. This is 11.6 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Italy reached an all time high of 117 USD bil in 2007 and an all time low of 3.85 USD bil in 1970. When compared to Italy's main peers, exports of services as a part of balance of payment in Austria amounted to 66.8 USD bil, 276 USD bil in France, 8.25 USD bil in Slovenia and 122 USD bil in Switzerland in 2017.

Italy has been ranked 16th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 5 places behind 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.

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