Travel services in Least developed countries
Least developed countries: Travel services was 17.6% in 2024. ▬ Flat
Travel services in Least developed countries, 1980–2024
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 Least developed countries stood at 17.6%.
Compared with earlier readings it is down 3.6% on the previous year and up 31.7% over ten years.
Over the whole period, travel services in Least developed countries peaked at 19.2% in 1992 and was at its lowest, 9.0%, in 2021.
Least developed countries ranks 37th of 47 groups on this measure, in the bottom quarter.
Travel services in Least developed countries, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1980 | 10.6% | — |
| 1981 | 9.8% | -7.2% |
| 1985 | 11.1% | +13.4% |
| 1986 | 13.5% | +21.0% |
| 1987 | 14.2% | +5.6% |
| 1988 | 17.1% | +20.4% |
| 1989 | 17.7% | +3.2% |
| 1990 | 15.8% | -10.3% |
| 1991 | 17.8% | +12.3% |
| 1992 | 19.2% | +7.8% |
| 1993 | 15.8% | -17.7% |
| 1994 | 18.2% | +15.1% |
| 1995 | 18.0% | -0.9% |
| 1996 | 16.2% | -9.8% |
| 1997 | 17.0% | +4.8% |
| 1998 | 16.0% | -5.7% |
| 1999 | 16.5% | +2.8% |
| 2000 | 19.0% | +15.3% |
| 2001 | 14.1% | -25.9% |
| 2002 | 13.7% | -2.9% |
| 2003 | 13.5% | -1.4% |
| 2004 | 14.1% | +4.7% |
| 2005 | 15.3% | +8.5% |
| 2006 | 15.8% | +2.9% |
| 2007 | 15.2% | -3.9% |
| 2008 | 14.9% | -1.7% |
| 2009 | 15.9% | +6.6% |
| 2010 | 15.0% | -5.4% |
| 2011 | 15.0% | +0.1% |
| 2012 | 14.7% | -2.0% |
| 2013 | 13.3% | -9.7% |
| 2014 | 13.4% | +0.5% |
| 2015 | 13.9% | +4.4% |
| 2016 | 14.9% | +6.5% |
| 2017 | 14.8% | -0.5% |
| 2018 | 14.8% | +0.2% |
| 2019 | 15.5% | +4.7% |
| 2020 | 10.1% | -34.9% |
| 2021 | 9.0% | -11.1% |
| 2022 | 14.3% | +59.2% |
| 2023 | 18.2% | +27.6% |
| 2024 | 17.6% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.4% | 9.8% | 17.7% | 7 |
| 1990s | 17.1% | 15.8% | 19.2% | 10 |
| 2000s | 15.1% | 13.5% | 19.0% | 10 |
| 2010s | 14.5% | 13.3% | 15.5% | 10 |
| 2020s | 13.8% | 9.0% | 18.2% | 5 |
Countries ranked near Least developed countries
- 34 Central African Republic 38.0% compare
- 35 Bosnia and Herzegovina 37.8% compare
- 36 Rwanda 37.7% compare
- 37 Brunei Darussalam 37.1% compare
- 38 Tonga 36.7% compare
- 39 Naoero 36.5% compare
- 40 Serbia 36.5% 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 17.6% 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 19.2% in 1992.
- What is the lowest travel services recorded in Least developed countries?
- The lowest recorded value was 9.0% in 2021.
- How does Least developed countries rank for travel services?
- Least developed countries ranks 37th out of 47 groups with data for 2024.
- Is travel services rising or falling in Least developed countries?
- Over the last ten years it is up 31.7%. The long-run trend across the full record is flat.
- 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 imports). Statizoid updates them automatically from the source API.
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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 imports which are commercial services provided by non-residents to residents.