Travel services in Small states
Small states: Travel services was 17.7% in 2024. ▼ Falling
Travel services in Small states, 1992–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for travel services in Small states is 17.7%, measured in 2024.
The figure is up 2.9% on the previous year and up 0.3% over ten years.
Over the whole period, travel services in Small states peaked at 29.5% in 2002 and was at its lowest, 9.1%, in 2021.
That places Small states 36th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Travel services in Small states, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1992 | 24.4% | — |
| 1993 | 24.3% | -0.3% |
| 1994 | 24.1% | -0.9% |
| 1995 | 25.3% | +5.0% |
| 1996 | 26.9% | +6.3% |
| 1997 | 25.0% | -7.1% |
| 1998 | 24.3% | -2.6% |
| 1999 | 27.2% | +11.7% |
| 2000 | 27.3% | +0.4% |
| 2001 | 27.9% | +2.4% |
| 2002 | 29.5% | +5.8% |
| 2006 | 23.7% | -19.6% |
| 2007 | 23.3% | -2.0% |
| 2008 | 22.1% | -5.0% |
| 2009 | 23.1% | +4.6% |
| 2010 | 20.0% | -13.7% |
| 2011 | 17.4% | -12.6% |
| 2012 | 17.1% | -1.9% |
| 2013 | 16.7% | -2.4% |
| 2014 | 17.6% | +5.4% |
| 2015 | 19.3% | +9.8% |
| 2016 | 20.2% | +4.3% |
| 2017 | 20.8% | +2.9% |
| 2018 | 20.1% | -3.0% |
| 2019 | 20.0% | -0.7% |
| 2020 | 10.3% | -48.4% |
| 2021 | 9.1% | -11.4% |
| 2022 | 13.5% | +47.7% |
| 2023 | 17.2% | +27.0% |
| 2024 | 17.7% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.2% | 24.1% | 27.2% | 8 |
| 2000s | 25.3% | 22.1% | 29.5% | 7 |
| 2010s | 18.9% | 16.7% | 20.8% | 10 |
| 2020s | 13.6% | 9.1% | 17.7% | 5 |
Countries ranked near Small states
- 33 Andorra 38.0% compare
- 34 Central African Republic 38.0%
- 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
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 17.7% in 2024, 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 29.5% in 2002.
- What is the lowest travel services recorded in Small states?
- The lowest recorded value was 9.1% in 2021.
- How does Small states rank for travel services?
- Small states ranks 36th out of 47 groups with data for 2024.
- Is travel services rising or falling in Small states?
- Over the last ten years it is up 0.3%. 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 imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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.