Travel services in Pre-demographic dividend
Pre-demographic dividend: Travel services was 38.4% in 2024. ▼ Falling
Travel services in Pre-demographic dividend, 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 Pre-demographic dividend is 38.4%, measured in 2024.
That represents a change of up 13.2% on the previous year and down 21.7% over ten years.
Over the whole period, travel services in Pre-demographic dividend peaked at 56.3% in 2009 and was at its lowest, 24.0%, in 2020.
Pre-demographic dividend ranks 9th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Travel services in Pre-demographic dividend, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2005 | 35.5% | — |
| 2006 | 27.5% | -22.7% |
| 2007 | 45.8% | +66.8% |
| 2008 | 51.3% | +12.0% |
| 2009 | 56.3% | +9.7% |
| 2010 | 50.0% | -11.2% |
| 2011 | 50.8% | +1.7% |
| 2012 | 47.9% | -5.8% |
| 2013 | 49.3% | +3.1% |
| 2014 | 49.1% | -0.4% |
| 2015 | 44.3% | -9.9% |
| 2016 | 50.2% | +13.4% |
| 2017 | 55.0% | +9.5% |
| 2018 | 49.0% | -10.8% |
| 2019 | 48.6% | -0.8% |
| 2020 | 24.0% | -50.6% |
| 2021 | 29.4% | +22.5% |
| 2022 | 39.2% | +33.4% |
| 2023 | 33.9% | -13.5% |
| 2024 | 38.4% | +13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.3% | 27.5% | 56.3% | 5 |
| 2010s | 49.4% | 44.3% | 55.0% | 10 |
| 2020s | 33.0% | 24.0% | 39.2% | 5 |
Countries ranked near Pre-demographic dividend
- 6 Saint Lucia 93.5% compare
- 7 Gambia 89.8% compare
- 8 Macau, China 89.4% compare
- 9 Grenada 88.9% compare
- 10 Aruba 88.8% compare
- 11 Syrian Arab Republic 87.9% compare
- 12 Saint Vincent and the Grenadines 85.5% compare
More private sector data for Pre-demographic dividend
- Merchandise trade 45.3% (2025)
- Food imports 15.5% (2019)
- Manufactures imports 63.9% (2019)
- Merchandise imports 373.79 billion current US$ (2025)
- Food exports 12.3% (2023)
- Manufactures exports 7.6% (2023)
- Merchandise exports 383.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 338.63 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2303 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.44 % change on previous year (2025)
Frequently asked questions
- What is travel services in Pre-demographic dividend?
- Travel services in Pre-demographic dividend was 38.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Pre-demographic dividend?
- The highest recorded value was 56.3% in 2009.
- What is the lowest travel services recorded in Pre-demographic dividend?
- The lowest recorded value was 24.0% in 2020.
- How does Pre-demographic dividend rank for travel services?
- Pre-demographic dividend ranks 9th out of 45 groups with data for 2024.
- Is travel services rising or falling in Pre-demographic dividend?
- Over the last ten years it is down 21.7%. The long-run trend across the full record is falling.
- Where does this Pre-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
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.