Travel services in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Travel services was 28.7% in 2024. ▲ Rising
Travel services in Europe & Central Asia (excluding high income), 1994–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Europe & Central Asia (excluding high income) recorded 28.7% for travel services in 2024.
The figure is down 7.7% on the previous year and up 3.5% over ten years.
Over the whole period, travel services in Europe & Central Asia (excluding high income) peaked at 32.6% in 2022 and was at its lowest, 16.4%, in 2020.
Europe & Central Asia (excluding high income) ranks 10th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Travel services in Europe & Central Asia (excluding high income), year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1994 | 18.3% | — |
| 1995 | 19.5% | +6.5% |
| 1996 | 20.2% | +3.8% |
| 1997 | 21.5% | +6.7% |
| 1998 | 20.5% | -4.8% |
| 1999 | 19.3% | -5.8% |
| 2000 | 22.3% | +15.5% |
| 2001 | 26.2% | +17.3% |
| 2002 | 26.2% | -0.0% |
| 2003 | 23.8% | -9.3% |
| 2004 | 26.5% | +11.6% |
| 2005 | 25.2% | -4.9% |
| 2006 | 23.7% | -6.1% |
| 2007 | 23.3% | -1.3% |
| 2008 | 22.5% | -3.8% |
| 2009 | 25.7% | +14.3% |
| 2010 | 25.5% | -0.8% |
| 2011 | 27.0% | +6.1% |
| 2012 | 27.7% | +2.6% |
| 2013 | 28.6% | +3.1% |
| 2014 | 27.8% | -2.9% |
| 2015 | 30.5% | +9.9% |
| 2016 | 30.1% | -1.3% |
| 2017 | 30.9% | +2.6% |
| 2018 | 30.6% | -1.1% |
| 2019 | 29.9% | -2.2% |
| 2020 | 16.4% | -45.1% |
| 2021 | 19.9% | +21.0% |
| 2022 | 32.6% | +64.5% |
| 2023 | 31.1% | -4.6% |
| 2024 | 28.7% | -7.7% |
Biggest year-on-year movements
Years where Travel services in Europe & Central Asia (excluding high income) 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 |
|---|---|---|---|
| 2022 | +64.5% | 19.9% | 32.6% |
| 2020 | -45.1% | 29.9% | 16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.9% | 18.3% | 21.5% | 6 |
| 2000s | 24.5% | 22.3% | 26.5% | 10 |
| 2010s | 28.9% | 25.5% | 30.9% | 10 |
| 2020s | 25.8% | 16.4% | 32.6% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 16.87 % change on previous year (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is travel services in Europe & Central Asia (excluding high income)?
- Travel services in Europe & Central Asia (excluding high income) was 28.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 32.6% in 2022.
- What is the lowest travel services recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 16.4% in 2020.
- How does Europe & Central Asia (excluding high income) rank for travel services?
- Europe & Central Asia (excluding high income) ranks 10th out of 47 groups with data for 2024.
- Is travel services rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (excluding high income) 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 imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 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 imports which are services provided by non-residents to residents.