United States: Imports of goods and services (% of GDP)
In , United States's Imports of goods and services (% of GDP) was 14.27.
That's up 1.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . United States ranks #155 globally out of 160 reporting countries. Within North America, it ranks #3 of 3.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 17.44
- Trough
- 13.19
- 1-year change
- +1.2%
- 5-year change
- -2.1%
- -0.4% / yr
- 10-year change
- -13.3%
- -1.4% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 14.2712 | |
| 14.1059 | |
| 15.5295 | |
| 14.6491 | |
| 13.1875 | |
| 14.5769 | |
| 15.2494 | |
| 15.0513 | |
| 14.6500 | |
| 15.3517 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was United States's Imports of goods and services (% of GDP) in 2024?
- In 2024, United States's Imports of goods and services (% of GDP) was 14.27, according to World Bank Open Data.
- Is United States's Imports of goods and services (% of GDP) rising or falling?
- United States's Imports of goods and services (% of GDP) rose 1.2% from 2023 to 2024.
- How does United States rank globally on Imports of goods and services (% of GDP)?
- In 2024, United States ranked #155 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does United States's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so United States is below the world average. Within North America, it ranks #3 of 3.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.