Travel services in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Travel services was 32.4% in 2024. ▲ Rising
Travel services in Heavily indebted poor countries (HIPC), 1978–2024
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 Heavily indebted poor countries (HIPC) is 32.4%, measured in 2024.
That represents a change of down 0.3% on the previous year and down 14.7% over ten years.
Over the whole period, travel services in Heavily indebted poor countries (HIPC) peaked at 40.6% in 2007 and was at its lowest, 20.0%, in 2020.
Heavily indebted poor countries (HIPC) ranks 18th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Travel services in Heavily indebted poor countries (HIPC), year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1978 | 20.5% | — |
| 1979 | 20.8% | +1.7% |
| 1980 | 21.3% | +2.1% |
| 1981 | 20.4% | -3.9% |
| 1982 | 20.2% | -1.0% |
| 1983 | 21.2% | +4.7% |
| 1984 | 22.2% | +4.7% |
| 1985 | 21.1% | -4.8% |
| 1986 | 20.5% | -3.0% |
| 1987 | 22.5% | +9.9% |
| 1988 | 23.1% | +2.8% |
| 1989 | 25.5% | +10.2% |
| 1990 | 24.6% | -3.5% |
| 1991 | 25.9% | +5.3% |
| 1992 | 25.3% | -2.4% |
| 1993 | 24.6% | -2.8% |
| 1994 | 26.5% | +7.6% |
| 1995 | 34.2% | +29.2% |
| 1996 | 38.0% | +11.2% |
| 1997 | 35.2% | -7.6% |
| 1998 | 38.1% | +8.5% |
| 1999 | 38.9% | +2.0% |
| 2000 | 35.0% | -10.1% |
| 2001 | 35.8% | +2.3% |
| 2002 | 35.7% | -0.2% |
| 2003 | 40.5% | +13.3% |
| 2004 | 37.7% | -6.9% |
| 2005 | 39.7% | +5.2% |
| 2006 | 39.3% | -0.9% |
| 2007 | 40.6% | +3.3% |
| 2008 | 36.0% | -11.4% |
| 2009 | 36.3% | +1.0% |
| 2010 | 34.9% | -3.9% |
| 2011 | 33.8% | -3.3% |
| 2012 | 36.3% | +7.5% |
| 2013 | 37.7% | +3.7% |
| 2014 | 38.0% | +1.0% |
| 2015 | 34.0% | -10.6% |
| 2016 | 36.4% | +7.1% |
| 2017 | 35.7% | -1.9% |
| 2018 | 35.9% | +0.5% |
| 2019 | 34.1% | -5.1% |
| 2020 | 20.0% | -41.2% |
| 2021 | 24.2% | +20.7% |
| 2022 | 30.7% | +27.3% |
| 2023 | 32.5% | +5.8% |
| 2024 | 32.4% | -0.3% |
Biggest year-on-year movements
Years where Travel services in Heavily indebted poor countries (HIPC) 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 |
|---|---|---|---|
| 2020 | -41.2% | 34.1% | 20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.6% | 20.5% | 20.8% | 2 |
| 1980s | 21.8% | 20.2% | 25.5% | 10 |
| 1990s | 31.1% | 24.6% | 38.9% | 10 |
| 2000s | 37.7% | 35.0% | 40.6% | 10 |
| 2010s | 35.7% | 33.8% | 38.0% | 10 |
| 2020s | 28.0% | 20.0% | 32.5% | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 15 Jamaica 82.1% compare
- 16 Sint Maarten (Dutch part) 80.8% compare
- 17 Sao Tome and Principe 80.8% compare
- 18 Dominican Republic 78.4% compare
- 19 Cape Verde 78.3% compare
- 20 Saint Kitts and Nevis 78.2% compare
- 21 Jordan 76.5% compare
More economy & growth data for Heavily indebted poor countries (HIPC)
- Households and NPISHs Final consumption expenditure (current US$) 7.44 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 148.43 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 6.61 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0884 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 117.76 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 897.08 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5368 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.76 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1114 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6735 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Heavily indebted poor countries (HIPC)?
- Travel services in Heavily indebted poor countries (HIPC) was 32.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 40.6% in 2007.
- What is the lowest travel services recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 20.0% in 2020.
- How does Heavily indebted poor countries (HIPC) rank for travel services?
- Heavily indebted poor countries (HIPC) ranks 18th out of 45 groups with data for 2024.
- Is travel services rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) 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 — 47 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.