Latin America & Caribbean (excluding high income) vs Palau: Travel services
Travel services over time
- Latin America & Caribbean (excluding high income)
- Palau
How they compare
Palau currently reports 93.9% against 43.2% in Latin America & Caribbean (excluding high income), a difference of 50.7%.
That makes Palau's figure about 2.2 times Latin America & Caribbean (excluding high income)'s.
Across all 19 years both countries report, Palau has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 2nd and Palau ranks 5th of 45 groups.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 47.7% | 86.0% | 38.4% | Palau |
| 2010s | 44.0% | 91.5% | 47.5% | Palau |
| 2020s | 35.7% | 85.2% | 49.4% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher travel services, Latin America & Caribbean (excluding high income) or Palau?
- Palau, at 93.9% against 43.2% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in travel services between Latin America & Caribbean (excluding high income) and Palau?
- 50.7%, with Palau ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Latin America & Caribbean (excluding high income) and Palau rank globally for travel services?
- Latin America & Caribbean (excluding high income) ranks 2nd and Palau ranks 5th of 45 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Travel services (% of commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.