Trade in services is becoming a key part of the global economy. Over the past few decades, services have grown rapidly, especially those delivered digitally. This growth is changing how countries develop and how businesses operate. Services now make up a large part of international trade, offering new opportunities and challenges for both developed and developing nations.
 
Key Takeaways
 
Trade in services has grown almost four times since 2005, especially in digital services.
Developing countries are increasing their share in global services trade, with notable growth in sectors like IT and business services.
Services trade provides significant economic opportunities for women, young workers, and small businesses.
 
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