Travel services in Heavily indebted poor countries (HIPC)

Heavily indebted poor countries (HIPC): Travel services was 11.3% in 2024. ▼ Falling

Latest (2024)
11.3%
Change on year
down 4.6%
Rank
46th
of 47 groups
All-time high
22.2%
in 2006
All-time low
8.1%
in 2020
Years of data
47
1978–2024

Travel services in Heavily indebted poor countries (HIPC), 1978–2024

05101520197820012024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.

Analysis

In 2024, travel services in Heavily indebted poor countries (HIPC) stood at 11.3%.

That represents a change of down 4.6% on the previous year and down 24.6% over ten years.

Over the whole period, travel services in Heavily indebted poor countries (HIPC) peaked at 22.2% in 2006 and was at its lowest, 8.1%, in 2020.

Heavily indebted poor countries (HIPC) ranks 46th of 47 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 47 years of available data.

Travel services in Heavily indebted poor countries (HIPC), year by year

Annual values for Travel services (% of commercial service imports) in Heavily indebted poor countries (HIPC), 1978 to 2024.
Year % of commercial service imports Change
1978 15.6%
1979 15.9% +1.4%
1980 14.8% -6.9%
1981 11.8% -20.3%
1982 14.4% +22.6%
1983 11.7% -18.7%
1984 11.6% -1.4%
1985 10.4% -10.0%
1986 12.3% +18.0%
1987 14.6% +18.9%
1988 16.8% +15.4%
1989 16.0% -4.9%
1990 16.0% -0.3%
1991 17.1% +7.1%
1992 16.2% -5.3%
1993 16.9% +4.3%
1994 16.9% -0.1%
1995 17.6% +4.2%
1996 16.7% -5.0%
1997 17.8% +6.6%
1998 18.7% +5.0%
1999 19.0% +1.6%
2000 19.1% +0.5%
2001 17.9% -6.4%
2002 18.8% +5.3%
2003 19.2% +2.1%
2004 20.1% +4.6%
2005 21.3% +6.2%
2006 22.2% +4.2%
2007 20.9% -6.2%
2008 19.0% -9.1%
2009 19.9% +5.1%
2010 18.1% -9.3%
2011 16.2% -10.4%
2012 14.9% -7.7%
2013 14.2% -4.8%
2014 15.0% +5.4%
2015 15.4% +2.6%
2016 16.1% +4.8%
2017 14.6% -9.1%
2018 14.5% -1.1%
2019 14.3% -1.2%
2020 8.1% -43.2%
2021 9.3% +14.0%
2022 10.3% +11.4%
2023 11.8% +14.6%
2024 11.3% -4.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.7% 15.6% 15.9% 2
1980s 13.4% 10.4% 16.8% 10
1990s 17.3% 16.0% 19.0% 10
2000s 19.8% 17.9% 22.2% 10
2010s 15.3% 14.2% 18.1% 10
2020s 10.2% 8.1% 11.8% 5

Countries ranked near Heavily indebted poor countries (HIPC)

  1. 43 Mongolia 32.5% compare
  2. 44 Colombia 32.3% compare
  3. 45 Hong Kong, China 31.7% compare
  4. 46 Nigeria 31.7% compare
  5. 47 Spain 31.2% compare
  6. 48 Croatia 31.2% compare
  7. 49 Jordan 30.8% compare

See the full ranking of 245 places →

More private sector data for Heavily indebted poor countries (HIPC)

All data for Heavily indebted poor countries (HIPC) →

Frequently asked questions

What is travel services in Heavily indebted poor countries (HIPC)?
Travel services in Heavily indebted poor countries (HIPC) was 11.3% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest travel services recorded in Heavily indebted poor countries (HIPC)?
The highest recorded value was 22.2% in 2006.
What is the lowest travel services recorded in Heavily indebted poor countries (HIPC)?
The lowest recorded value was 8.1% in 2020.
How does Heavily indebted poor countries (HIPC) rank for travel services?
Heavily indebted poor countries (HIPC) ranks 46th out of 47 groups with data for 2024.
Is travel services rising or falling in Heavily indebted poor countries (HIPC)?
Over the last ten years it is down 24.6%. The long-run trend across the full record is falling.
Where does this Heavily indebted poor countries (HIPC) 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 imports). Statizoid updates them automatically from the source API.

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Travel services in Heavily indebted poor countries (HIPC). Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://private-sector.statizoid.com/stat/travel-services-percent-of-commercial-service-imports/heavily-indebted-poor-countries-hipc/

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About this data

Indicator
Travel services (% of commercial service imports)
Unit
% of commercial service imports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 9,575 data points, 1960–2025
Last refreshed

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 imports which are commercial services provided by non-residents to residents.