Travel services in Low income
Low income: Travel services was 7.2% in 2022. ▼ Falling
Travel services in Low income, 2005–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
In 2022, travel services in Low income stood at 7.2%.
The figure is down 15.4% on the previous year and down 35.4% over ten years.
Over the whole period, travel services in Low income peaked at 20.9% in 2006 and was at its lowest, 5.9%, in 2020.
That places Low income 47th out of 47 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Travel services in Low income, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2005 | 19.8% | — |
| 2006 | 20.9% | +5.3% |
| 2007 | 19.3% | -7.3% |
| 2008 | 17.4% | -9.9% |
| 2009 | 16.7% | -3.9% |
| 2010 | 16.8% | +0.5% |
| 2011 | 13.4% | -20.6% |
| 2012 | 11.1% | -17.1% |
| 2013 | 10.0% | -10.0% |
| 2014 | 10.6% | +6.7% |
| 2015 | 10.2% | -3.8% |
| 2016 | 10.1% | -1.1% |
| 2017 | 9.2% | -9.3% |
| 2018 | 10.0% | +9.2% |
| 2019 | 10.5% | +4.6% |
| 2020 | 5.9% | -43.6% |
| 2021 | 8.5% | +43.2% |
| 2022 | 7.2% | -15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.8% | 16.7% | 20.9% | 5 |
| 2010s | 11.2% | 9.2% | 16.8% | 10 |
| 2020s | 7.2% | 5.9% | 8.5% | 3 |
Countries ranked near Low income
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)
- Merchandise exports 106.71 billion current US$ (2025)
- 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$), annual growth rate 15.25 % change on previous year (2025)
- Merchandise imports (current US$), per capita 198.69 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.2373 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Low income?
- Travel services in Low income was 7.2% in 2022, 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 20.9% in 2006.
- What is the lowest travel services recorded in Low income?
- The lowest recorded value was 5.9% in 2020.
- How does Low income rank for travel services?
- Low income ranks 47th out of 47 groups with data for 2022.
- Is travel services rising or falling in Low income?
- Over the last ten years it is down 35.4%. 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 imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 imports which are commercial services provided by non-residents to residents.