Least developed countries vs Palau: Travel services

Least developed countries
38.1%
in 2024
Palau
84.7%
in 2023
Least developed countries rank
12th
Palau rank
11th

Travel services over time

  • Least developed countries
  • Palau
20406080100199020072024

How they compare

Palau currently reports 84.7% against 38.1% in Least developed countries, a difference of 46.6%.

That makes Palau's figure about 2.2 times Least developed countries's.

Across all 19 years both countries report, Palau has been ahead every year.

Least developed countries ranks 12th 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 Least developed countries Palau Difference Ahead
2000s 41.4% 83.6% 42.1% Palau
2010s 43.8% 89.5% 45.7% Palau
2020s 29.4% 71.4% 42.0% Palau

Averages of every year both report within each decade.

Frequently asked questions

Which has higher travel services, Least developed countries or Palau?
Palau, at 84.7% against 38.1% in Least developed countries as of 2023.
What is the difference in travel services between Least developed countries and Palau?
46.6%, with Palau ahead.
How many years of comparable data are there for Least developed countries and Palau?
19 years are reported by both, from 2005 to 2023.
How do Least developed countries and Palau rank globally for travel services?
Least developed countries ranks 12th 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.

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Least developed countries vs Palau: Travel services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/travel-services-percent-of-service-exports-bop/least-developed-countries-un-classification/palau/

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About this data

Indicator
Travel services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,495 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 exports which are services provided by residents to non-residents.