Travel services in Late-demographic dividend
Late-demographic dividend: Travel services was 34.0% in 2025. ▲ Rising
Travel services in Late-demographic dividend, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Late-demographic dividend recorded 34.0% for travel services in 2025.
The figure is up 33.1% on the previous year and down 2.8% over ten years.
Over the whole period, travel services in Late-demographic dividend peaked at 35.0% in 2015 and was at its lowest, 14.3%, in 2021.
Late-demographic dividend ranks 3rd of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 44 years of available data.
Travel services in Late-demographic dividend, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1982 | 19.3% | — |
| 1983 | 19.9% | +2.9% |
| 1984 | 20.0% | +0.6% |
| 1985 | 23.0% | +14.9% |
| 1986 | 23.8% | +3.6% |
| 1987 | 24.6% | +3.2% |
| 1988 | 24.5% | -0.2% |
| 1989 | 21.8% | -11.0% |
| 1990 | 20.4% | -6.4% |
| 1991 | 19.3% | -5.5% |
| 1992 | 22.8% | +18.0% |
| 1993 | 21.7% | -4.8% |
| 1994 | 25.7% | +18.4% |
| 1995 | 25.6% | -0.2% |
| 1996 | 27.2% | +5.9% |
| 1997 | 28.0% | +3.3% |
| 1998 | 29.3% | +4.5% |
| 1999 | 27.6% | -5.8% |
| 2000 | 29.6% | +7.2% |
| 2001 | 29.2% | -1.2% |
| 2002 | 29.9% | +2.1% |
| 2003 | 26.9% | -9.8% |
| 2004 | 27.6% | +2.3% |
| 2005 | 22.7% | -17.6% |
| 2006 | 21.9% | -3.3% |
| 2007 | 21.4% | -2.5% |
| 2008 | 21.0% | -1.6% |
| 2009 | 22.5% | +7.1% |
| 2010 | 23.3% | +3.4% |
| 2011 | 23.9% | +2.4% |
| 2012 | 27.5% | +15.3% |
| 2013 | 28.9% | +5.0% |
| 2014 | 34.4% | +19.0% |
| 2015 | 35.0% | +1.7% |
| 2016 | 33.2% | -5.1% |
| 2017 | 32.8% | -1.0% |
| 2018 | 32.8% | +0.0% |
| 2019 | 29.5% | -10.2% |
| 2020 | 16.1% | -45.4% |
| 2021 | 14.3% | -11.0% |
| 2022 | 17.6% | +23.0% |
| 2023 | 24.1% | +36.6% |
| 2024 | 25.5% | +5.9% |
| 2025 | 34.0% | +33.1% |
Biggest year-on-year movements
Years where Travel services in Late-demographic dividend 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 | -45.4% | 29.5% | 16.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.1% | 19.3% | 24.6% | 8 |
| 1990s | 24.8% | 19.3% | 29.3% | 10 |
| 2000s | 25.3% | 21.0% | 29.9% | 10 |
| 2010s | 30.1% | 23.3% | 35.0% | 10 |
| 2020s | 22.0% | 14.3% | 34.0% | 6 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- Foreign direct investment, net outflows (BoP, current US$), gaps 244.79 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3356 current US$ per US$ of GDP (2024)
- GDP 28.99 trillion constant 2015 US$ (2025)
- GDP 31.87 trillion current US$ (2025)
- Inflation, GDP deflator 3.7% (2025)
- Gross capital formation (current US$), per capita 4,321 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 4,235 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 1.15 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3289 current US$ per US$ of GDP (2024)
- GDP growth 4.5% (2025)
Frequently asked questions
- What is travel services in Late-demographic dividend?
- Travel services in Late-demographic dividend was 34.0% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Late-demographic dividend?
- The highest recorded value was 35.0% in 2015.
- What is the lowest travel services recorded in Late-demographic dividend?
- The lowest recorded value was 14.3% in 2021.
- How does Late-demographic dividend rank for travel services?
- Late-demographic dividend ranks 3rd out of 47 groups with data for 2025.
- Is travel services rising or falling in Late-demographic dividend?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- Where does this Late-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 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.