Exports of Services (BoP, USD) in United Kingdom

Exports of services as a part of balance of payment reached 360 USD bil in 2017 in United Kingdom, according to the National Statistical Office. This is 3.40 % more than in the previous year.

Historically, exports of services as a part of balance of payment in United Kingdom reached an all time high of 374 USD bil in 2014 and an all time low of 8.12 USD bil in 1970. When compared to United Kingdom's main peers, exports of services as a part of balance of payment in Belgium amounted to 120 USD bil, 276 USD bil in France, 309 USD bil in Germany and 181 USD bil in Ireland in 2017.

United Kingdom has been ranked 4th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment.

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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