Travel services in Portugal
Portugal: Travel services was 48.0% in 2024. ▼ Falling
Travel services in Portugal, 1975–2024
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 Portugal stood at 48.0%.
That represents a change of up 0.5% on the previous year and up 8.6% over ten years.
Over the whole period, travel services in Portugal peaked at 71.0% in 1991 and was at its lowest, 33.8%, in 2020.
Portugal ranks 73rd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Travel services in Portugal, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1975 | 38.2% | — |
| 1976 | 43.2% | +12.9% |
| 1977 | 48.0% | +11.2% |
| 1978 | 54.9% | +14.5% |
| 1979 | 59.2% | +7.7% |
| 1980 | 57.3% | -3.2% |
| 1981 | 52.6% | -8.2% |
| 1982 | 55.8% | +6.2% |
| 1983 | 55.4% | -0.7% |
| 1984 | 57.3% | +3.3% |
| 1985 | 58.9% | +2.8% |
| 1986 | 63.2% | +7.4% |
| 1987 | 67.8% | +7.2% |
| 1988 | 70.3% | +3.7% |
| 1989 | 70.8% | +0.8% |
| 1990 | 69.8% | -1.5% |
| 1991 | 71.0% | +1.7% |
| 1992 | 67.7% | -4.6% |
| 1993 | 58.1% | -14.2% |
| 1994 | 59.7% | +2.8% |
| 1995 | 57.4% | -3.8% |
| 1996 | 58.8% | +2.5% |
| 1997 | 58.3% | -0.9% |
| 1998 | 59.9% | +2.8% |
| 1999 | 56.6% | -5.5% |
| 2000 | 56.2% | -0.6% |
| 2001 | 57.8% | +2.8% |
| 2002 | 56.1% | -3.0% |
| 2003 | 53.8% | -4.1% |
| 2004 | 52.2% | -3.1% |
| 2005 | 50.8% | -2.5% |
| 2006 | 45.3% | -10.9% |
| 2007 | 43.0% | -5.1% |
| 2008 | 41.5% | -3.5% |
| 2009 | 42.0% | +1.1% |
| 2010 | 43.4% | +3.3% |
| 2011 | 42.3% | -2.5% |
| 2012 | 43.1% | +1.9% |
| 2013 | 41.6% | -3.5% |
| 2014 | 44.2% | +6.2% |
| 2015 | 46.1% | +4.4% |
| 2016 | 48.0% | +4.1% |
| 2017 | 50.3% | +4.7% |
| 2018 | 50.4% | +0.3% |
| 2019 | 50.6% | +0.2% |
| 2020 | 33.8% | -33.1% |
| 2021 | 36.0% | +6.5% |
| 2022 | 46.9% | +30.3% |
| 2023 | 47.7% | +1.7% |
| 2024 | 48.0% | +0.5% |
Portugal compared with similar countries
- Portugal's 48.0% is above the median for high income countries, which is 26.8%, 1.8× the median. (72 countries reporting)
- Portugal's 48.0% is above the median for Europe & Central Asia, which is 20.5%, 2.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Travel services in Portugal 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 | -33.1% | 50.6% | 33.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.7% | 38.2% | 59.2% | 5 |
| 1980s | 60.9% | 52.6% | 70.8% | 10 |
| 1990s | 61.7% | 56.6% | 71.0% | 10 |
| 2000s | 49.9% | 41.5% | 57.8% | 10 |
| 2010s | 46.0% | 41.6% | 50.6% | 10 |
| 2020s | 42.5% | 33.8% | 48.0% | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is travel services in Portugal?
- Travel services in Portugal was 48.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Portugal?
- The highest recorded value was 71.0% in 1991.
- What is the lowest travel services recorded in Portugal?
- The lowest recorded value was 33.8% in 2020.
- How does Portugal rank for travel services?
- Portugal ranks 73rd out of 198 countries with data for 2024.
- Is travel services rising or falling in Portugal?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is falling.
- Where does this Portugal 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 — 50 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.