Travel services in IDA total
IDA total: Travel services was 38.8% in 2024. ▲ Rising
Travel services in IDA total, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, travel services in IDA total stood at 38.8%.
That represents a change of up 1.7% on the previous year and down 2.7% over ten years.
Over the whole period, travel services in IDA total peaked at 41.4% in 2017 and was at its lowest, 21.9%, in 2020.
That places IDA total 11th out of 45 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Travel services in IDA total, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 24.0% | — |
| 1978 | 23.0% | -4.3% |
| 1979 | 22.5% | -2.0% |
| 1980 | 24.6% | +9.3% |
| 1981 | 26.5% | +7.5% |
| 1982 | 27.7% | +4.5% |
| 1983 | 27.9% | +0.9% |
| 1984 | 28.0% | +0.5% |
| 1985 | 27.0% | -3.8% |
| 1986 | 31.2% | +15.7% |
| 1987 | 29.7% | -4.9% |
| 1988 | 29.4% | -0.8% |
| 1989 | 28.8% | -2.2% |
| 1990 | 26.4% | -8.4% |
| 1991 | 27.2% | +3.2% |
| 1992 | 28.7% | +5.6% |
| 1993 | 29.9% | +3.9% |
| 1994 | 32.4% | +8.3% |
| 1995 | 34.2% | +5.8% |
| 1996 | 34.8% | +1.6% |
| 1997 | 33.8% | -2.8% |
| 1998 | 36.3% | +7.3% |
| 1999 | 35.0% | -3.6% |
| 2000 | 33.3% | -5.0% |
| 2001 | 34.1% | +2.6% |
| 2002 | 32.3% | -5.4% |
| 2003 | 31.4% | -2.7% |
| 2004 | 35.5% | +12.8% |
| 2005 | 36.0% | +1.4% |
| 2006 | 36.7% | +1.9% |
| 2007 | 41.0% | +11.9% |
| 2008 | 39.0% | -4.8% |
| 2009 | 41.2% | +5.5% |
| 2010 | 40.1% | -2.6% |
| 2011 | 35.7% | -10.9% |
| 2012 | 35.9% | +0.5% |
| 2013 | 38.3% | +6.7% |
| 2014 | 39.9% | +4.2% |
| 2015 | 37.7% | -5.5% |
| 2016 | 40.6% | +7.7% |
| 2017 | 41.4% | +1.9% |
| 2018 | 40.6% | -1.9% |
| 2019 | 39.5% | -2.8% |
| 2020 | 21.9% | -44.6% |
| 2021 | 25.7% | +17.5% |
| 2022 | 33.7% | +31.0% |
| 2023 | 38.2% | +13.4% |
| 2024 | 38.8% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.2% | 22.5% | 24.0% | 3 |
| 1980s | 28.1% | 24.6% | 31.2% | 10 |
| 1990s | 31.9% | 26.4% | 36.3% | 10 |
| 2000s | 36.0% | 31.4% | 41.2% | 10 |
| 2010s | 39.0% | 35.7% | 41.4% | 10 |
| 2020s | 31.7% | 21.9% | 38.8% | 5 |
Countries ranked near IDA total
- 8 Aruba 87.8% compare
- 9 Andorra 85.1% compare
- 10 Saint Vincent and the Grenadines 85.1% compare
- 11 Palau 84.7% compare
- 12 Tuvalu 84.5% compare
- 13 Syrian Arab Republic 84.4% compare
- 14 Antigua and Barbuda 84.3% compare
More economy & growth data for IDA total
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1054 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 197.95 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1231 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 12.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 13.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.48 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.94 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 5.72 % change on previous year (2025)
Frequently asked questions
- What is travel services in IDA total?
- Travel services in IDA total was 38.8% 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 total?
- The highest recorded value was 41.4% in 2017.
- What is the lowest travel services recorded in IDA total?
- The lowest recorded value was 21.9% in 2020.
- How does IDA total rank for travel services?
- IDA total ranks 11th out of 45 groups with data for 2024.
- Is travel services rising or falling in IDA total?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is rising.
- Where does this IDA total 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.