Travel services in Late-demographic dividend
Late-demographic dividend: Travel services was 18.9% in 2025. ▼ Falling
Travel services in Late-demographic dividend, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2025, travel services in Late-demographic dividend stood at 18.9%.
Compared with earlier readings it is down 3.4% on the previous year and down 25.9% over ten years.
Over the whole period, travel services in Late-demographic dividend peaked at 45.0% in 1996 and was at its lowest, 7.0%, in 2021.
Late-demographic dividend ranks 35th of 45 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Travel services in Late-demographic dividend, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1982 | 28.3% | — |
| 1983 | 29.7% | +5.0% |
| 1984 | 31.2% | +5.0% |
| 1985 | 31.4% | +0.7% |
| 1986 | 32.3% | +2.8% |
| 1987 | 36.4% | +12.9% |
| 1988 | 35.4% | -2.9% |
| 1989 | 34.9% | -1.4% |
| 1990 | 33.6% | -3.7% |
| 1991 | 35.0% | +4.2% |
| 1992 | 36.8% | +5.0% |
| 1993 | 37.9% | +2.9% |
| 1994 | 40.2% | +6.2% |
| 1995 | 41.8% | +3.9% |
| 1996 | 45.0% | +7.6% |
| 1997 | 26.9% | -40.3% |
| 1998 | 27.4% | +1.8% |
| 1999 | 26.7% | -2.3% |
| 2000 | 27.3% | +2.2% |
| 2001 | 27.2% | -0.6% |
| 2002 | 26.8% | -1.5% |
| 2003 | 31.7% | +18.3% |
| 2004 | 34.0% | +7.4% |
| 2005 | 34.7% | +2.2% |
| 2006 | 34.4% | -1.0% |
| 2007 | 29.2% | -14.9% |
| 2008 | 27.3% | -6.5% |
| 2009 | 29.2% | +6.7% |
| 2010 | 27.6% | -5.3% |
| 2011 | 27.0% | -2.4% |
| 2012 | 27.4% | +1.8% |
| 2013 | 27.8% | +1.2% |
| 2014 | 25.2% | -9.4% |
| 2015 | 25.6% | +1.6% |
| 2016 | 26.0% | +1.8% |
| 2017 | 24.3% | -6.6% |
| 2018 | 23.6% | -3.0% |
| 2019 | 22.5% | -4.7% |
| 2020 | 9.5% | -57.6% |
| 2021 | 7.0% | -26.9% |
| 2022 | 10.9% | +56.8% |
| 2023 | 17.3% | +57.9% |
| 2024 | 19.6% | +13.5% |
| 2025 | 18.9% | -3.4% |
Biggest year-on-year movements
Years where Travel services in Late-demographic dividend changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -57.6% | 22.5% | 9.5% |
| 2023 | +57.9% | 10.9% | 17.3% |
| 2022 | +56.8% | 7.0% | 10.9% |
| 1997 | -40.3% | 45.0% | 26.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.5% | 28.3% | 36.4% | 8 |
| 1990s | 35.1% | 26.7% | 45.0% | 10 |
| 2000s | 30.2% | 26.8% | 34.7% | 10 |
| 2010s | 25.7% | 22.5% | 27.8% | 10 |
| 2020s | 13.9% | 7.0% | 19.6% | 6 |
Countries ranked near Late-demographic dividend
More private sector data for Late-demographic dividend
- Merchandise trade 43.3% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 6.71 trillion current US$ (2025)
- Food exports 7.6% (2024)
- Manufactures exports 76.8% (2024)
- Merchandise exports 8.30 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2603 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is travel services in Late-demographic dividend?
- Travel services in Late-demographic dividend was 18.9% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Late-demographic dividend?
- The highest recorded value was 45.0% in 1996.
- What is the lowest travel services recorded in Late-demographic dividend?
- The lowest recorded value was 7.0% in 2021.
- How does Late-demographic dividend rank for travel services?
- Late-demographic dividend ranks 35th out of 45 groups with data for 2025.
- Is travel services rising or falling in Late-demographic dividend?
- Over the last ten years it is down 25.9%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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.
Download this data
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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.