Travel services in Least developed countries
Least developed countries: Travel services was 30.1% in 2024. ▲ Rising
Travel services in Least developed countries, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2024, travel services in Least developed countries stood at 30.1%.
The figure is up 4.8% on the previous year and down 41.0% over ten years.
Over the whole period, travel services in Least developed countries peaked at 51.6% in 2019 and was at its lowest, 21.7%, in 1990.
Least developed countries ranks 18th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Travel services in Least developed countries, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1990 | 21.7% | — |
| 1996 | 27.5% | +26.9% |
| 2002 | 35.4% | +28.7% |
| 2003 | 34.1% | -3.6% |
| 2004 | 35.5% | +3.8% |
| 2005 | 42.8% | +20.6% |
| 2006 | 30.5% | -28.6% |
| 2007 | 46.8% | +53.4% |
| 2008 | 48.9% | +4.5% |
| 2009 | 49.0% | +0.2% |
| 2010 | 47.4% | -3.3% |
| 2011 | 49.8% | +4.9% |
| 2012 | 48.9% | -1.7% |
| 2013 | 50.0% | +2.1% |
| 2014 | 51.0% | +1.9% |
| 2015 | 50.3% | -1.3% |
| 2016 | 50.4% | +0.2% |
| 2017 | 51.1% | +1.3% |
| 2018 | 51.0% | -0.2% |
| 2019 | 51.6% | +1.3% |
| 2020 | 29.7% | -42.5% |
| 2021 | 28.8% | -3.2% |
| 2022 | 32.6% | +13.3% |
| 2023 | 28.7% | -12.0% |
| 2024 | 30.1% | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.6% | 21.7% | 27.5% | 2 |
| 2000s | 40.4% | 30.5% | 49.0% | 8 |
| 2010s | 50.1% | 47.4% | 51.6% | 10 |
| 2020s | 30.0% | 28.7% | 32.6% | 5 |
Countries ranked near Least developed countries
- 15 Antigua and Barbuda 84.4% compare
- 16 Saint Kitts and Nevis 83.8% compare
- 17 Timor-Leste 82.7% compare
- 18 Jamaica 82.6% compare
- 19 Sint Maarten (Dutch part) 81.1% compare
- 20 Cape Verde 80.3% compare
- 21 Dominican Republic 80.2% compare
More private sector data for Least developed countries
- Merchandise trade 41.4% (2025)
- Food imports 15.6% (2019)
- Manufactures imports 62.6% (2019)
- Merchandise imports 376.94 billion current US$ (2025)
- Food exports 15.1% (2023)
- Manufactures exports 20.1% (2023)
- Merchandise exports 311.48 billion current US$ (2025)
- Merchandise exports (current US$), per capita 256.54 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1884 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.88 % change on previous year (2025)
Frequently asked questions
- What is travel services in Least developed countries?
- Travel services in Least developed countries was 30.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Least developed countries?
- The highest recorded value was 51.6% in 2019.
- What is the lowest travel services recorded in Least developed countries?
- The lowest recorded value was 21.7% in 1990.
- How does Least developed countries rank for travel services?
- Least developed countries ranks 18th out of 45 groups with data for 2024.
- Is travel services rising or falling in Least developed countries?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is rising.
- Where does this Least developed countries 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
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.