Iceland vs Least developed countries: Travel services

Iceland
36.1%
in 2025
Least developed countries
15.5%
in 2024
Iceland rank
37th
Least developed countries rank
36th

Travel services over time

  • Iceland
  • Least developed countries
1020304050197620002025

How they compare

Iceland currently reports 36.1% against 15.5% in Least developed countries, a difference of 20.6%.

That makes Iceland's figure about 2.3 times Least developed countries's.

Across all 28 years both countries report, Iceland has been ahead every year.

Iceland ranks 37th and Least developed countries ranks 36th of 198 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Least developed countries Difference Ahead
1980s 33.0% 14.8% 18.2% Iceland
1990s 47.9% 16.8% 31.1% Iceland
2000s 27.7% 10.2% 17.5% Iceland
2010s 34.7% 10.9% 23.8% Iceland
2020s 30.1% 11.6% 18.5% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher travel services, Iceland or Least developed countries?
Iceland, at 36.1% against 15.5% in Least developed countries as of 2025.
What is the difference in travel services between Iceland and Least developed countries?
20.6%, with Iceland ahead.
How many years of comparable data are there for Iceland and Least developed countries?
28 years are reported by both, from 1980 to 2024.
How do Iceland and Least developed countries rank globally for travel services?
Iceland ranks 37th and Least developed countries ranks 36th of 198 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Travel services (% of service imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Least developed countries: 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-imports-bop/iceland/least-developed-countries-un-classification/

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About this data

Indicator
Travel services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 9,575 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 imports which are services provided by non-residents to residents.