Travel services in Small states
Small states: Travel services was 28.6% in 2025. ▼ Falling
Travel services in Small states, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Small states recorded 28.6% for travel services in 2025.
The figure is down 2.4% on the previous year and down 22.3% over ten years.
Over the whole period, travel services in Small states peaked at 44.1% in 1997 and was at its lowest, 15.5%, in 2021.
That places Small states 19th out of 45 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Travel services in Small states, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1992 | 34.2% | — |
| 1993 | 34.0% | -0.5% |
| 1994 | 35.1% | +3.2% |
| 1995 | 41.2% | +17.4% |
| 1996 | 43.4% | +5.2% |
| 1997 | 44.1% | +1.8% |
| 1998 | 43.9% | -0.6% |
| 1999 | 42.5% | -3.2% |
| 2000 | 40.7% | -4.2% |
| 2001 | 37.4% | -8.1% |
| 2002 | 39.3% | +5.0% |
| 2008 | 34.4% | -12.6% |
| 2009 | 34.3% | -0.2% |
| 2010 | 35.7% | +4.2% |
| 2011 | 33.7% | -5.6% |
| 2012 | 32.0% | -5.1% |
| 2013 | 34.4% | +7.5% |
| 2014 | 32.2% | -6.4% |
| 2015 | 36.8% | +14.3% |
| 2016 | 38.7% | +5.2% |
| 2017 | 37.7% | -2.6% |
| 2018 | 37.5% | -0.6% |
| 2019 | 37.5% | +0.0% |
| 2020 | 20.4% | -45.6% |
| 2021 | 15.5% | -24.2% |
| 2022 | 24.7% | +59.6% |
| 2023 | 29.4% | +19.3% |
| 2024 | 29.3% | -0.5% |
| 2025 | 28.6% | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.8% | 34.0% | 44.1% | 8 |
| 2000s | 37.2% | 34.3% | 40.7% | 5 |
| 2010s | 35.6% | 32.0% | 38.7% | 10 |
| 2020s | 24.6% | 15.5% | 29.4% | 6 |
Countries ranked near Small states
- 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
- 22 Bhutan 77.5% compare
More private sector data for Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.0% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 141.38 billion current US$ (2025)
- Food exports 19.2% (2024)
- Manufactures exports 43.9% (2024)
- Merchandise exports 100.88 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,958 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.68 % change on previous year (2025)
Frequently asked questions
- What is travel services in Small states?
- Travel services in Small states was 28.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Small states?
- The highest recorded value was 44.1% in 1997.
- What is the lowest travel services recorded in Small states?
- The lowest recorded value was 15.5% in 2021.
- How does Small states rank for travel services?
- Small states ranks 19th out of 45 groups with data for 2025.
- Is travel services rising or falling in Small states?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is falling.
- Where does this Small states 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 — 29 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.