Travel services in Greece
Greece: Travel services was 9.7% in 2024. ▼ Falling
Travel services in Greece, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2024, travel services in Greece stood at 9.7%.
Compared with earlier readings it is up 9.0% on the previous year and down 39.8% over ten years.
Over the whole period, travel services in Greece peaked at 42.8% in 1999 and was at its lowest, 5.0%, in 2021.
Greece ranks 152nd of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Travel services in Greece, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 22.3% | — |
| 1977 | 19.8% | -11.3% |
| 1978 | 22.7% | +15.0% |
| 1979 | 23.2% | +1.9% |
| 1980 | 21.6% | -6.6% |
| 1981 | 20.9% | -3.3% |
| 1982 | 23.9% | +14.4% |
| 1983 | 25.7% | +7.1% |
| 1984 | 25.9% | +0.9% |
| 1985 | 26.3% | +1.4% |
| 1986 | 31.4% | +19.5% |
| 1987 | 29.4% | -6.4% |
| 1988 | 33.9% | +15.3% |
| 1989 | 33.8% | -0.2% |
| 1990 | 36.3% | +7.4% |
| 1991 | 31.8% | -12.4% |
| 1992 | 32.1% | +1.0% |
| 1993 | 28.5% | -11.2% |
| 1994 | 29.8% | +4.5% |
| 1995 | 30.3% | +1.6% |
| 1996 | 28.6% | -5.7% |
| 1997 | 28.5% | -0.0% |
| 1999 | 42.8% | +50.1% |
| 2000 | 40.1% | -6.4% |
| 2001 | 35.9% | -10.5% |
| 2002 | 24.7% | -31.3% |
| 2003 | 21.4% | -13.2% |
| 2004 | 20.3% | -5.2% |
| 2005 | 20.4% | +0.5% |
| 2006 | 17.9% | -12.2% |
| 2007 | 16.6% | -7.1% |
| 2008 | 15.5% | -6.6% |
| 2009 | 16.7% | +7.5% |
| 2010 | 14.0% | -16.1% |
| 2011 | 16.1% | +14.9% |
| 2012 | 14.7% | -8.5% |
| 2013 | 14.9% | +1.2% |
| 2014 | 16.2% | +8.7% |
| 2015 | 13.5% | -16.6% |
| 2016 | 14.9% | +10.1% |
| 2017 | 12.2% | -17.9% |
| 2018 | 12.3% | +0.5% |
| 2019 | 14.4% | +17.5% |
| 2020 | 5.1% | -64.5% |
| 2021 | 5.0% | -2.4% |
| 2022 | 6.7% | +35.2% |
| 2023 | 8.9% | +32.6% |
| 2024 | 9.7% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.0% | 19.8% | 23.2% | 4 |
| 1980s | 27.3% | 20.9% | 33.9% | 10 |
| 1990s | 32.1% | 28.5% | 42.8% | 9 |
| 2000s | 22.9% | 15.5% | 40.1% | 10 |
| 2010s | 14.3% | 12.2% | 16.2% | 10 |
| 2020s | 7.1% | 5.0% | 9.7% | 5 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 41.52 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0283 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 762.35 current US$ per person (2025)
- General government final consumption expenditure (current US$) 7.44 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1824 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 4,914 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 2.92 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1614 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Greece?
- Travel services in Greece was 9.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Greece?
- The highest recorded value was 42.8% in 1999.
- What is the lowest travel services recorded in Greece?
- The lowest recorded value was 5.0% in 2021.
- How does Greece rank for travel services?
- Greece ranks 152nd out of 198 countries with data for 2024.
- Is travel services rising or falling in Greece?
- Over the last ten years it is down 39.8%. The long-run trend across the full record is falling.
- Where does this Greece 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.
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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 imports which are services provided by non-residents to residents.