Travel services in Caribbean Small States
Caribbean Small States: Travel services was 72.5% in 2025. ▲ Rising
Travel services in Caribbean Small States, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, travel services in Caribbean Small States stood at 72.5%.
The figure is down 11.1% on the previous year and down 4.4% over ten years.
Over the whole period, travel services in Caribbean Small States peaked at 82.7% in 2019 and was at its lowest, 49.4%, in 1975.
Caribbean Small States ranks 1st of 45 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 51 years of available data.
Travel services in Caribbean Small States, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1975 | 49.4% | — |
| 1976 | 67.8% | +37.3% |
| 1977 | 67.6% | -0.4% |
| 1978 | 73.4% | +8.6% |
| 1979 | 73.2% | -0.2% |
| 1980 | 69.4% | -5.3% |
| 1981 | 70.5% | +1.6% |
| 1982 | 69.2% | -1.7% |
| 1983 | 75.1% | +8.5% |
| 1984 | 74.9% | -0.2% |
| 1985 | 78.2% | +4.3% |
| 1986 | 76.6% | -2.1% |
| 1987 | 79.9% | +4.4% |
| 1988 | 77.5% | -3.0% |
| 1989 | 77.2% | -0.3% |
| 1990 | 76.0% | -1.7% |
| 1991 | 72.8% | -4.2% |
| 1992 | 71.9% | -1.3% |
| 1993 | 73.8% | +2.7% |
| 1994 | 74.7% | +1.3% |
| 1995 | 73.7% | -1.4% |
| 1996 | 72.8% | -1.2% |
| 1997 | 74.4% | +2.2% |
| 1998 | 72.0% | -3.3% |
| 1999 | 72.4% | +0.6% |
| 2000 | 75.6% | +4.3% |
| 2001 | 74.8% | -1.0% |
| 2002 | 72.6% | -3.0% |
| 2003 | 74.4% | +2.5% |
| 2004 | 74.4% | -0.0% |
| 2005 | 73.2% | -1.6% |
| 2006 | 75.1% | +2.6% |
| 2007 | 76.1% | +1.4% |
| 2008 | 74.3% | -2.5% |
| 2009 | 74.6% | +0.4% |
| 2010 | 76.2% | +2.2% |
| 2011 | 74.0% | -2.9% |
| 2012 | 72.0% | -2.7% |
| 2013 | 72.8% | +1.2% |
| 2014 | 71.7% | -1.6% |
| 2015 | 75.9% | +5.8% |
| 2016 | 78.5% | +3.5% |
| 2017 | 78.6% | +0.1% |
| 2018 | 80.9% | +2.9% |
| 2019 | 82.7% | +2.3% |
| 2020 | 59.8% | -27.7% |
| 2021 | 67.0% | +12.0% |
| 2022 | 77.8% | +16.1% |
| 2023 | 80.0% | +2.9% |
| 2024 | 81.5% | +1.8% |
| 2025 | 72.5% | -11.1% |
Biggest year-on-year movements
Years where Travel services in Caribbean Small States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +37.3% | 49.4% | 67.8% |
| 2020 | -27.7% | 82.7% | 59.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.3% | 49.4% | 73.4% | 5 |
| 1980s | 74.9% | 69.2% | 79.9% | 10 |
| 1990s | 73.4% | 71.9% | 76.0% | 10 |
| 2000s | 74.5% | 72.6% | 76.1% | 10 |
| 2010s | 76.3% | 71.7% | 82.7% | 10 |
| 2020s | 73.1% | 59.8% | 81.5% | 6 |
Countries ranked near Caribbean Small States
- 1 Turks and Caicos Islands 95.9% compare
- 2 Maldives 95.1% compare
- 3 Bahamas 93.9% compare
- 4 Saint Lucia 93.3% compare
More economy & growth data for Caribbean Small States
- GDP per capita growth 7.6% (2025)
- GDP 91.37 billion constant 2015 US$ (2025)
- GDP growth 8.0% (2025)
- Industry (including construction), value added (current US$), annual 29.32 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.3699 current US$ per US$ of GDP (2024)
- GDP per capita 20,880 current US$ (2025)
- GDP per capita 20,053 constant 2015 US$ (2025)
- GNI, Atlas method 88.41 billion current US$ (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3684 constant 2015 US$ per US$ of GDP (2024)
- GNI 87.32 billion current US$ (2025)
Frequently asked questions
- What is travel services in Caribbean Small States?
- Travel services in Caribbean Small States was 72.5% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Caribbean Small States?
- The highest recorded value was 82.7% in 2019.
- What is the lowest travel services recorded in Caribbean Small States?
- The lowest recorded value was 49.4% in 1975.
- How does Caribbean Small States rank for travel services?
- Caribbean Small States ranks 1st out of 45 groups with data for 2025.
- Is travel services rising or falling in Caribbean Small States?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is rising.
- Where does this Caribbean 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 service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 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 exports which are services provided by residents to non-residents.