Communications, computer, etc. (% of service exports, BoP)

This indicator provides a comprehensive overview of the share of international service exports linked to communication, computing, and various auxiliary services in a country’s balance of payments. It encompasses a broad spectrum of transactions, including international telecommunications, computer services, and news-related exchanges, as well as construction and professional services that facilitate global business interactions. Additionally, it incorporates royalties from intellectual property, maintenance and repair services, and cultural exchanges, highlighting the economic significance of technology and creativity. By capturing these diverse contributions, the indicator not only reflects the country's capacity for technological innovation and service provision but also underscores the interdependence of global markets in an increasingly digital and interconnected world. Source: