Group of 7 countries (G7) Compared by Economy > Trade > Trade in services > Imports of services
DEFINITION:
International trade in services is defined according to the 5th edition of the IMF Balance of Payments Manual (BPM5). Services include transport (both freight and passengers), travel (mainly expenditure on goods and services by tourists and business travellers), communications services (postal, telephone, satellite, etc.), construction services, insurance and financial services, computer and information services, royalties and license fees, other business services (merchanting, operational leasing, technical and professional services, etc.), cultural and recreational services (rents for films, fees for actors and other performers, but excluding purchases of films, recorded music, books, etc.) and government services not included in the list above.
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Interesting observations about Economy > Trade > Trade in services > Imports of services
- United States ranked first for trade > trade in services > imports of services amongst English speaking countries in 2009.
- 5 of the top 16 countries by trade > trade in services > imports of services are Tourist destination.
- 2 of the top 7 countries by trade > trade in services > imports of services are Southern European.
- 2 of the top 15 countries by trade > trade in services > imports of services are Sparsely populated.
- 2 of the top 21 countries by trade > trade in services > imports of services are Hot countries.
- 2 of the top 18 countries by trade > trade in services > imports of services are Landlocked.
- 2 of the top 24 countries by trade > trade in services > imports of services are Eastern European.
- 4 of the top 12 countries by trade > trade in services > imports of services are Densely populated.
- 2 of the top 5 countries by trade > trade in services > imports of services are Non-religious.
- 2 of the top 6 countries by trade > trade in services > imports of services are Catholic.
