Travel services in Europe & Central Asia

Europe & Central Asia: Travel services was 17.4% in 2025. ▼ Falling

Latest (2025)
17.4%
Change on year
up 6.9%
Rank
41st
of 45 groups
All-time high
34.3%
in 1996
All-time low
9.2%
in 2020
Years of data
47
1976–2025

Travel services in Europe & Central Asia, 1976–2025

102030197620002025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.

Analysis

The most recent figure for travel services in Europe & Central Asia is 17.4%, measured in 2025.

The figure is up 6.9% on the previous year and down 9.8% over ten years.

Over the whole period, travel services in Europe & Central Asia peaked at 34.3% in 1996 and was at its lowest, 9.2%, in 2020.

Europe & Central Asia ranks 41st of 45 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 47 years of available data.

Travel services in Europe & Central Asia, year by year

Annual values for Travel services (% of service exports, BoP) in Europe & Central Asia, 1976 to 2025.
Year % of service exports, BoP Change
1976 22.3%
1977 25.3% +13.5%
1978 26.1% +3.3%
1979 26.0% -0.4%
1980 25.5% -2.1%
1981 23.8% -6.7%
1982 24.7% +4.0%
1983 26.2% +6.1%
1984 27.2% +3.6%
1985 27.8% +2.2%
1986 28.9% +3.9%
1987 30.4% +5.2%
1988 30.8% +1.6%
1989 30.5% -1.2%
1990 30.2% -0.7%
1994 33.4% +10.4%
1995 33.9% +1.6%
1996 34.3% +1.0%
1997 33.1% -3.4%
1998 33.0% -0.4%
1999 30.0% -8.9%
2000 28.4% -5.3%
2001 27.6% -2.9%
2002 26.9% -2.7%
2003 26.6% -0.9%
2004 25.6% -4.0%
2005 24.2% -5.2%
2006 23.6% -2.6%
2007 22.7% -3.7%
2008 22.2% -2.4%
2009 22.0% -0.8%
2010 20.8% -5.7%
2011 21.0% +1.0%
2012 20.8% -1.0%
2013 20.8% +0.4%
2014 20.3% -2.4%
2015 19.3% -5.2%
2016 19.0% -1.6%
2017 19.1% +0.8%
2018 18.8% -1.8%
2019 18.7% -0.7%
2020 9.2% -50.9%
2021 10.0% +9.1%
2022 14.6% +46.5%
2023 16.2% +10.9%
2024 16.3% +0.1%
2025 17.4% +6.9%

Biggest year-on-year movements

Years where Travel services in Europe & Central Asia 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.

YearChange FromTo
2020 -50.9% 18.7% 9.2%
2022 +46.5% 10.0% 14.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 24.9% 22.3% 26.1% 4
1980s 27.6% 23.8% 30.8% 10
1990s 32.6% 30.0% 34.3% 7
2000s 25.0% 22.0% 28.4% 10
2010s 19.8% 18.7% 21.0% 10
2020s 14.0% 9.2% 17.4% 6

Countries ranked near Europe & Central Asia

  1. 38 Micronesia (country) 66.4% compare
  2. 39 Croatia 66.0% compare
  3. 40 Curacao 65.8% compare
  4. 41 Tonga 65.8% compare
  5. 42 Zambia 64.9% compare
  6. 43 Bolivia 64.8% compare
  7. 44 Uganda 64.1% compare

See the full ranking of 243 places →

More economy & growth data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is travel services in Europe & Central Asia?
Travel services in Europe & Central Asia was 17.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest travel services recorded in Europe & Central Asia?
The highest recorded value was 34.3% in 1996.
What is the lowest travel services recorded in Europe & Central Asia?
The lowest recorded value was 9.2% in 2020.
How does Europe & Central Asia rank for travel services?
Europe & Central Asia ranks 41st out of 45 groups with data for 2025.
Is travel services rising or falling in Europe & Central Asia?
Over the last ten years it is down 9.8%. The long-run trend across the full record is falling.
Where does this Europe & Central Asia 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.

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Travel services in Europe & Central Asia. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/stat/travel-services-percent-of-service-exports-bop/europe-and-central-asia/

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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.