Travel services (% of commercial service exports) in Low income
Low income: Travel services (% of commercial service exports) was 43.2% in 2024. ▼ Falling
Travel services in Low income, 2005–2024
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 Low income is 43.2%, measured in 2024.
That represents a change of up 38.1% on the previous year and up 23.6% over ten years.
Over the whole period, travel services in Low income peaked at 48.0% in 2005 and was at its lowest, 30.9%, in 2015.
Low income ranks 2nd of 45 groups on this measure, in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Travel services (% of commercial service exports) in Low income, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2005 | 48.0% | — |
| 2006 | 46.2% | -3.7% |
| 2007 | 46.7% | +1.1% |
| 2008 | 44.1% | -5.5% |
| 2009 | 45.0% | +2.0% |
| 2010 | 41.8% | -7.1% |
| 2011 | 38.4% | -8.2% |
| 2012 | 37.4% | -2.6% |
| 2013 | 36.4% | -2.6% |
| 2014 | 34.9% | -4.1% |
| 2015 | 30.9% | -11.5% |
| 2016 | 33.2% | +7.5% |
| 2017 | 31.5% | -5.1% |
| 2018 | 45.0% | +42.6% |
| 2019 | 47.5% | +5.6% |
| 2020 | 38.4% | -19.2% |
| 2021 | 43.6% | +13.6% |
| 2022 | 39.4% | -9.6% |
| 2023 | 31.3% | -20.7% |
| 2024 | 43.2% | +38.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.0% | 44.1% | 48.0% | 5 |
| 2010s | 37.7% | 30.9% | 47.5% | 10 |
| 2020s | 39.2% | 31.3% | 43.6% | 5 |
Countries ranked near Low income
- 1 Maldives 96.3% compare
- 2 Turks and Caicos Islands 95.9% compare
- 3 Bahamas 94.8% compare
- 4 Palau 93.9% compare
- 5 Saint Lucia 93.5% compare
More private sector data for Low income
- Merchandise trade 40.8% (2025)
- Food imports 17.6% (2019)
- Manufactures imports 59.0% (2019)
- Merchandise imports 152.49 billion current US$ (2025)
- Commercial service imports 37.86 billion current US$ (2024)
- Merchandise exports 106.71 billion current US$ (2025)
- Commercial service exports 22.58 billion current US$ (2024)
- Merchandise exports (current US$), per capita 139.04 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.166 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 15.25 % change on previous year (2025)
Frequently asked questions
- What is travel services in Low income?
- Travel services in Low income was 43.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Low income?
- The highest recorded value was 48.0% in 2005.
- What is the lowest travel services recorded in Low income?
- The lowest recorded value was 30.9% in 2015.
- How does Low income rank for travel services?
- Low income ranks 2nd out of 45 groups with data for 2024.
- Is travel services rising or falling in Low income?
- Over the last ten years it is up 23.6%. The long-run trend across the full record is falling.
- Where does this Low income 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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CSV · JSON — 20 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.