Travel services (% of commercial service exports) in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Travel services (% of commercial service exports) was 39.2% in 2024. ▲ Rising
Travel services in Heavily indebted poor countries (HIPC), 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for travel services in Heavily indebted poor countries (HIPC) is 39.2%, measured in 2024.
That represents a change of up 3.9% on the previous year and up 4.2% over ten years.
Over the whole period, travel services in Heavily indebted poor countries (HIPC) peaked at 45.0% in 2003 and was at its lowest, 22.1%, in 1986.
That places Heavily indebted poor countries (HIPC) 9th out of 45 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Travel services (% of commercial service exports) in Heavily indebted poor countries (HIPC), year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1978 | 23.1% | — |
| 1979 | 23.8% | +3.1% |
| 1980 | 28.2% | +18.4% |
| 1981 | 28.5% | +0.9% |
| 1982 | 27.0% | -5.1% |
| 1983 | 24.2% | -10.5% |
| 1984 | 23.2% | -3.9% |
| 1985 | 22.4% | -3.6% |
| 1986 | 22.1% | -1.4% |
| 1987 | 23.7% | +7.4% |
| 1988 | 24.0% | +1.3% |
| 1989 | 26.5% | +10.4% |
| 1990 | 27.2% | +2.5% |
| 1991 | 26.6% | -2.2% |
| 1992 | 28.9% | +8.8% |
| 1993 | 29.1% | +0.6% |
| 1994 | 28.1% | -3.5% |
| 1995 | 31.2% | +11.2% |
| 1996 | 33.8% | +8.4% |
| 1997 | 30.2% | -10.7% |
| 1998 | 38.4% | +27.2% |
| 1999 | 39.8% | +3.5% |
| 2000 | 38.8% | -2.3% |
| 2001 | 39.9% | +2.8% |
| 2002 | 43.6% | +9.2% |
| 2003 | 45.0% | +3.3% |
| 2004 | 43.8% | -2.9% |
| 2005 | 42.9% | -2.0% |
| 2006 | 42.6% | -0.7% |
| 2007 | 41.4% | -2.8% |
| 2008 | 39.2% | -5.2% |
| 2009 | 40.4% | +3.1% |
| 2010 | 37.3% | -7.8% |
| 2011 | 36.4% | -2.3% |
| 2012 | 35.2% | -3.3% |
| 2013 | 36.1% | +2.6% |
| 2014 | 37.6% | +4.2% |
| 2015 | 34.0% | -9.8% |
| 2016 | 38.5% | +13.5% |
| 2017 | 39.6% | +2.8% |
| 2018 | 41.6% | +5.1% |
| 2019 | 39.3% | -5.6% |
| 2020 | 27.8% | -29.2% |
| 2021 | 32.5% | +16.7% |
| 2022 | 40.0% | +23.3% |
| 2023 | 37.7% | -5.7% |
| 2024 | 39.2% | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.5% | 23.1% | 23.8% | 2 |
| 1980s | 25.0% | 22.1% | 28.5% | 10 |
| 1990s | 31.3% | 26.6% | 39.8% | 10 |
| 2000s | 41.8% | 38.8% | 45.0% | 10 |
| 2010s | 37.6% | 34.0% | 41.6% | 10 |
| 2020s | 35.5% | 27.8% | 40.0% | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
More private sector data for Heavily indebted poor countries (HIPC)
- Merchandise trade 45.6% (2025)
- Food imports 14.8% (2023)
- Manufactures imports 59.9% (2023)
- Merchandise imports 306.76 billion current US$ (2025)
- Commercial service imports 83.24 billion current US$ (2024)
- Food exports 28.5% (2024)
- Manufactures exports 14.9% (2024)
- Merchandise exports 279.71 billion current US$ (2025)
- Commercial service exports 48.68 billion current US$ (2024)
- Merchandise exports (current US$), per capita 289.81 current US$ per person (2025)
Frequently asked questions
- What is travel services in Heavily indebted poor countries (HIPC)?
- Travel services in Heavily indebted poor countries (HIPC) was 39.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 45.0% in 2003.
- What is the lowest travel services recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 22.1% in 1986.
- How does Heavily indebted poor countries (HIPC) rank for travel services?
- Heavily indebted poor countries (HIPC) ranks 9th out of 45 groups with data for 2024.
- Is travel services rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 4.2%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
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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.