Travel services in Pre-demographic dividend
Pre-demographic dividend: Travel services was 48.1% in 2024. ▲ Rising
Travel services in Pre-demographic dividend, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Pre-demographic dividend recorded 48.1% for travel services in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 12.4% on the previous year and up 20.9% over ten years.
Over the whole period, travel services in Pre-demographic dividend peaked at 48.1% in 2024 and was at its lowest, 24.3%, in 2020.
That places Pre-demographic dividend 3rd out of 45 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Travel services in Pre-demographic dividend, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2005 | 34.1% | — |
| 2006 | 30.4% | -10.7% |
| 2007 | 39.8% | +30.8% |
| 2008 | 34.5% | -13.2% |
| 2009 | 37.7% | +9.1% |
| 2010 | 34.6% | -8.0% |
| 2011 | 32.8% | -5.3% |
| 2012 | 36.7% | +11.7% |
| 2013 | 38.9% | +6.0% |
| 2014 | 39.8% | +2.4% |
| 2015 | 39.4% | -0.9% |
| 2016 | 43.8% | +11.0% |
| 2017 | 44.4% | +1.5% |
| 2018 | 40.9% | -7.8% |
| 2019 | 41.1% | +0.4% |
| 2020 | 24.3% | -41.0% |
| 2021 | 31.8% | +31.0% |
| 2022 | 40.4% | +27.1% |
| 2023 | 42.8% | +5.9% |
| 2024 | 48.1% | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.3% | 30.4% | 39.8% | 5 |
| 2010s | 39.2% | 32.8% | 44.4% | 10 |
| 2020s | 37.5% | 24.3% | 48.1% | 5 |
Countries ranked near Pre-demographic dividend
- 1 Turks and Caicos Islands 95.9% compare
- 2 Maldives 95.1% compare
- 3 Bahamas 93.9% compare
- 4 Saint Lucia 93.3% compare
- 5 Gambia 89.8% compare
- 6 Macau, China 89.4% compare
More economy & growth data for Pre-demographic dividend
- GDP per capita 1,470 current US$ (2025)
- Inflation, GDP deflator 4.0% (2025)
- Gross value added at basic prices (GVA) 1.58 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 1.58 trillion constant 2015 US$ (2025)
- GDP 1.67 trillion current US$ (2025)
- GDP 1.65 trillion constant 2015 US$ (2025)
- GDP growth 3.6% (2025)
- Manufacturing, value added (current US$), per capita 118.71 current US$ per person (2025)
- GNI, Atlas method 1.62 trillion current US$ (2025)
- Manufacturing, value added (constant 2015 US$), per capita 130.47 constant 2015 US$ per person (2025)
Frequently asked questions
- What is travel services in Pre-demographic dividend?
- Travel services in Pre-demographic dividend was 48.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Pre-demographic dividend?
- The highest recorded value was 48.1% in 2024.
- What is the lowest travel services recorded in Pre-demographic dividend?
- The lowest recorded value was 24.3% in 2020.
- How does Pre-demographic dividend rank for travel services?
- Pre-demographic dividend ranks 3rd out of 45 groups with data for 2024.
- Is travel services rising or falling in Pre-demographic dividend?
- Over the last ten years it is up 20.9%. The long-run trend across the full record is rising.
- Where does this Pre-demographic dividend 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 — 20 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.