Travel services in IDA blend
IDA blend: Travel services was 36.1% in 2024. ▲ Rising
Travel services in IDA blend, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
IDA blend recorded 36.1% for travel services in 2024. That is the highest value across all 48 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 33.7% over ten years.
Over the whole period, travel services in IDA blend peaked at 36.1% in 2024 and was at its lowest, 18.6%, in 2002.
That places IDA blend 14th out of 45 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Travel services in IDA blend, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 24.2% | — |
| 1978 | 20.5% | -15.3% |
| 1979 | 20.1% | -2.0% |
| 1980 | 23.0% | +14.7% |
| 1981 | 27.3% | +18.7% |
| 1982 | 28.8% | +5.4% |
| 1983 | 29.3% | +1.8% |
| 1984 | 27.2% | -7.1% |
| 1985 | 26.5% | -2.6% |
| 1986 | 35.8% | +35.0% |
| 1987 | 32.1% | -10.4% |
| 1988 | 30.1% | -6.0% |
| 1989 | 27.1% | -10.1% |
| 1990 | 23.5% | -13.3% |
| 1991 | 24.4% | +4.0% |
| 1992 | 23.6% | -3.2% |
| 1993 | 21.7% | -8.2% |
| 1994 | 26.0% | +19.7% |
| 1995 | 24.8% | -4.3% |
| 1996 | 24.8% | -0.2% |
| 1997 | 27.6% | +11.5% |
| 1998 | 28.7% | +3.8% |
| 1999 | 25.3% | -11.9% |
| 2000 | 21.5% | -14.8% |
| 2001 | 21.7% | +1.1% |
| 2002 | 18.6% | -14.3% |
| 2003 | 19.2% | +2.8% |
| 2004 | 20.8% | +8.4% |
| 2005 | 22.2% | +7.0% |
| 2006 | 23.7% | +6.4% |
| 2007 | 26.9% | +13.6% |
| 2008 | 25.4% | -5.6% |
| 2009 | 27.5% | +8.3% |
| 2010 | 22.5% | -18.1% |
| 2011 | 25.5% | +13.3% |
| 2012 | 23.9% | -6.3% |
| 2013 | 26.9% | +12.5% |
| 2014 | 27.0% | +0.3% |
| 2015 | 25.9% | -4.2% |
| 2016 | 31.5% | +21.8% |
| 2017 | 34.3% | +8.9% |
| 2018 | 34.1% | -0.7% |
| 2019 | 33.9% | -0.5% |
| 2020 | 19.3% | -43.1% |
| 2021 | 21.7% | +12.4% |
| 2022 | 31.5% | +45.5% |
| 2023 | 35.0% | +11.1% |
| 2024 | 36.1% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.6% | 20.1% | 24.2% | 3 |
| 1980s | 28.7% | 23.0% | 35.8% | 10 |
| 1990s | 25.0% | 21.7% | 28.7% | 10 |
| 2000s | 22.8% | 18.6% | 27.5% | 10 |
| 2010s | 28.6% | 22.5% | 34.3% | 10 |
| 2020s | 28.7% | 19.3% | 36.1% | 5 |
Countries ranked near IDA blend
- 11 Palau 84.7% compare
- 12 Tuvalu 84.5% compare
- 13 Syrian Arab Republic 84.4% compare
- 14 Antigua and Barbuda 84.3% compare
- 15 Jamaica 82.1% compare
- 16 Sint Maarten (Dutch part) 80.8% compare
- 17 Sao Tome and Principe 80.8% compare
More economy & growth data for IDA blend
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.31 % change on previous year (2025)
- Services, value added 52.6% (2025)
- Services, value added (constant 2015 US$), per capita 1,193 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 13.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9479 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,745 current US$ per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,047 constant 2015 US$ per person (2025)
- GDP (current US$), per capita 1,841 current US$ per person (2025)
- GDP (current US$), annual growth rate 13.09 % change on previous year (2025)
- Services, value added 823.14 billion constant 2015 US$ (2025)
Frequently asked questions
- What is travel services in IDA blend?
- Travel services in IDA blend was 36.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in IDA blend?
- The highest recorded value was 36.1% in 2024.
- What is the lowest travel services recorded in IDA blend?
- The lowest recorded value was 18.6% in 2002.
- How does IDA blend rank for travel services?
- IDA blend ranks 14th out of 45 groups with data for 2024.
- Is travel services rising or falling in IDA blend?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is rising.
- Where does this IDA blend 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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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.