Travel services in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Travel services was 9.6% in 2024. ▼ Falling
Travel services in Heavily indebted poor countries (HIPC), 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Heavily indebted poor countries (HIPC) recorded 9.6% for travel services in 2024.
Compared with earlier readings it is up 3.3% on the previous year and down 25.7% over ten years.
Over the whole period, travel services in Heavily indebted poor countries (HIPC) peaked at 21.3% in 2006 and was at its lowest, 5.9%, in 2020.
Heavily indebted poor countries (HIPC) ranks 46th of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Travel services in Heavily indebted poor countries (HIPC), year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1978 | 13.7% | — |
| 1979 | 13.2% | -4.3% |
| 1980 | 11.8% | -10.3% |
| 1981 | 10.4% | -11.6% |
| 1982 | 12.1% | +15.9% |
| 1983 | 11.5% | -4.8% |
| 1984 | 11.9% | +3.0% |
| 1985 | 11.4% | -3.8% |
| 1986 | 13.1% | +14.6% |
| 1987 | 15.0% | +14.7% |
| 1988 | 17.6% | +17.4% |
| 1989 | 17.5% | -0.8% |
| 1990 | 15.5% | -11.2% |
| 1991 | 17.7% | +14.0% |
| 1992 | 15.3% | -13.4% |
| 1993 | 15.7% | +2.2% |
| 1994 | 14.6% | -6.8% |
| 1995 | 16.4% | +12.2% |
| 1996 | 17.1% | +4.2% |
| 1997 | 17.9% | +4.8% |
| 1998 | 18.6% | +4.2% |
| 1999 | 18.8% | +1.0% |
| 2000 | 17.9% | -4.6% |
| 2001 | 16.8% | -6.3% |
| 2002 | 17.0% | +1.4% |
| 2003 | 16.9% | -0.8% |
| 2004 | 17.8% | +5.0% |
| 2005 | 19.2% | +8.0% |
| 2006 | 21.3% | +10.9% |
| 2007 | 19.2% | -9.7% |
| 2008 | 16.8% | -12.5% |
| 2009 | 17.3% | +3.0% |
| 2010 | 15.8% | -8.8% |
| 2011 | 14.7% | -7.2% |
| 2012 | 12.8% | -12.6% |
| 2013 | 12.3% | -4.1% |
| 2014 | 13.0% | +5.6% |
| 2015 | 13.6% | +5.1% |
| 2016 | 14.2% | +4.1% |
| 2017 | 12.9% | -9.1% |
| 2018 | 12.0% | -7.0% |
| 2019 | 11.6% | -3.6% |
| 2020 | 5.9% | -48.7% |
| 2021 | 7.9% | +32.4% |
| 2022 | 8.7% | +10.5% |
| 2023 | 9.3% | +7.4% |
| 2024 | 9.6% | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5% | 13.2% | 13.7% | 2 |
| 1980s | 13.2% | 10.4% | 17.6% | 10 |
| 1990s | 16.7% | 14.6% | 18.8% | 10 |
| 2000s | 18.0% | 16.8% | 21.3% | 10 |
| 2010s | 13.3% | 11.6% | 15.8% | 10 |
| 2020s | 8.3% | 5.9% | 9.6% | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
More economy & growth data for Heavily indebted poor countries (HIPC)
- Households and NPISHs Final consumption expenditure (current US$) 7.44 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 148.43 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 6.61 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0884 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 117.76 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 897.08 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5368 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.76 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1114 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6735 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Heavily indebted poor countries (HIPC)?
- Travel services in Heavily indebted poor countries (HIPC) was 9.6% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 21.3% in 2006.
- What is the lowest travel services recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 5.9% in 2020.
- How does Heavily indebted poor countries (HIPC) rank for travel services?
- Heavily indebted poor countries (HIPC) ranks 46th out of 47 groups with data for 2024.
- Is travel services rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is falling.
- Where does this Heavily indebted poor countries (HIPC) 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 — 47 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.