20 March 2012
 According to preliminary estimates by the WTO and UNCTAD, in the fourth quarter of 2011, world exports of commercial services rose by 3% year-on-year (balance-of-payments basis, current price, not seasonally adjusted). This is significantly lower than the 12% year-on-year increase recorded in the third quarter.  
According to preliminary estimates by the WTO and UNCTAD, in the fourth quarter of 2011, world exports of commercial services rose by 3% year-on-year (balance-of-payments basis, current price, not seasonally adjusted). This is significantly lower than the 12% year-on-year increase recorded in the third quarter.
Starting this year, statistics on international trade in services released by the WTO and UNCTAD are being produced jointly by the two organizations in an effort to improve data quality, avoid duplication and consequently provide more transparent data to users of these statistics.
World exports of commercial services, Q1-Q4 2011
(percentage change, year-on-year)
Source: WTO/UNCTADWorld trade estimates are aggregated from individual reporters' quarterly balance-of-payments statistics taken from the IMF and Eurostat, supplemented with estimates for missing data, as well as national sources. Quarterly figures may not add up to annual figures published elsewhere in WTO or UNCTAD statistical publications or online databases. Quarterly data are released every three months.
Further information: statistics@wto.org and statistics@unctad.org
