Latin America & Caribbean vs Palau: Travel services
Travel services over time
- Latin America & Caribbean
- Palau
How they compare
Palau currently reports 84.7% against 40.7% in Latin America & Caribbean, a difference of 44.0%.
That makes Palau's figure about 2.1 times Latin America & Caribbean's.
Across all 19 years both countries report, Palau has been ahead every year.
Latin America & Caribbean ranks 8th and Palau ranks 11th of 45 groups.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 44.6% | 83.6% | 39.0% | Palau |
| 2010s | 42.6% | 89.5% | 46.8% | Palau |
| 2020s | 34.3% | 71.4% | 37.0% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher travel services, Latin America & Caribbean or Palau?
- Palau, at 84.7% against 40.7% in Latin America & Caribbean as of 2023.
- What is the difference in travel services between Latin America & Caribbean and Palau?
- 44.0%, with Palau ahead.
- How many years of comparable data are there for Latin America & Caribbean and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Latin America & Caribbean and Palau rank globally for travel services?
- Latin America & Caribbean ranks 8th and Palau ranks 11th of 45 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Travel services (% of service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 services provided by residents to non-residents.