Latin America & the Caribbean (IDA & IBRD countries) vs Palau: Travel services
Travel services over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Palau
How they compare
Palau currently reports 93.9% against 41.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 52.0%.
That makes Palau's figure about 2.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 19 years both countries report, Palau has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 5th 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 & the Caribbean (IDA & IBRD countries) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 45.4% | 86.0% | 40.6% | Palau |
| 2010s | 42.6% | 91.5% | 48.9% | Palau |
| 2020s | 33.6% | 85.2% | 51.5% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher travel services, Latin America & the Caribbean (IDA & IBRD countries) or Palau?
- Palau, at 93.9% against 41.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
- What is the difference in travel services between Latin America & the Caribbean (IDA & IBRD countries) and Palau?
- 52.0%, with Palau ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Palau rank globally for travel services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 5th 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.