United States's imports of goods and services (annual % growth) was 5.77% in 2024, the latest year in the World Bank's World Development Indicators. That is up 0.61 percentage points from 5.16% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.77% | 2024 |
| Five years earlier | 1.18% | 2019 |
| Ten years earlier | 5.16% | 2014 |
| Highest | 24.34% | 1984 |
| Lowest | -12.63% | 2009 |
| Average since 2015 | 3.57% | 2015–2024 |
| First recorded | 5.34% | 1971 |
What the numbers say
In 2024, United States' imports of goods and services (annual % growth) rose 6.63 percentage points on 2023 (from -0.86% to 5.77%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.32 percentage points and a typical year strayed about 8.47 percentage points from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 30.67 percentage points in 1976 and the biggest yearly fall was 17.85 percentage points in 1985. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, United States had the 14th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| United States | 5.77% | 2024 |
| World | 5.65% | 2025 |
| North America | 5.01% | 2024 |
| High income | 5.23% | 2025 |
Closest to United States in the 2024 ranking
What this measures
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 54 values
| Year | Imports of goods and services (annual % growth) |
|---|---|
| 2024 | 5.77 |
| 2023 | -0.8649 |
| 2022 | 8.47 |
| 2021 | 14.57 |
| 2020 | -8.82 |
| 2019 | 1.18 |
| 2018 | 4.04 |
| 2017 | 4.71 |
| 2016 | 1.46 |
| 2015 | 5.19 |
| 2014 |
Imports of goods and services (annual % growth) in nearby economies
More economic policy & debt data for United States
- Total reserves, including gold (current US$) — US$1.39 trillion (2025)
- Total reserves, excluding gold (current US$) — US$243.27 billion (2025)
- GDP (current US$) — US$30.77 trillion (2025)
- GDP (current LCU) — 30.77 trillion (2025)
- GDP (constant 2015 US$) — US$23.22 trillion (2025)
- GDP (constant LCU) — 25.15 trillion (2025)
- GDP per capita (current US$) — US$90,027 (2025)
- GDP per capita (current LCU) — 90,027 (2025)
- GDP per capita (constant 2015 US$) — US$67,946 (2025)
- GDP per capita (constant LCU) — 73,574 (2025)
Reading data like this
Questions people ask
- What is United States's imports of goods and services (annual % growth)?
- 5.77% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is up 0.43 percentage points from 5.34% in 1971. The highest value was 24.34% in 1984 and the lowest -12.63% in 2009.
- How does United States rank?
- 14th highest of 29 economies with data for 2024.
- Is the latest change in imports of goods and services (annual % growth) unusual for United States?
- In 2024, United States' imports of goods and services (annual % growth) rose 6.63 percentage points on 2023 (from -0.86% to 5.77%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.32 percentage points and a typical year strayed about 8.47 percentage points from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.IMP.GNFS.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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