Trade in services for development:

Fostering sustainable growth and economic diversification

The services sector has been the main source of economic growth in recent decades, with logistics, finance and information technologies playing an essential role in the functioning of modern economies while business services, healthcare and entertainment feature among the world’s fastest growing sectors. This publication — co-published by the WTO and the World Bank — underlines the contribution that trade and investment in services can make to economic growth and development and highlights, in particular, the importance of re-energizing international cooperation on services trade.

The publication also encourages reflection on how best to mobilize assistance for developing and least-developed economies in implementing services sector reforms so that they can reap the gains from expanded trade and investment in services.

Table of contents

Published in 2023.



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