Travel services in Other small states
Other small states: Travel services was 12.3% in 2024. ▼ Falling
Travel services in Other small states, 1992–2024
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 Other small states stood at 12.3%.
That represents a change of up 0.2% on the previous year and down 26.4% over ten years.
Over the whole period, travel services in Other small states peaked at 28.0% in 1992 and was at its lowest, 6.8%, in 2021.
That places Other small states 45th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Travel services in Other small states, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1992 | 28.0% | — |
| 1993 | 27.3% | -2.6% |
| 1994 | 26.9% | -1.3% |
| 1995 | 24.4% | -9.6% |
| 1996 | 24.6% | +1.1% |
| 1997 | 24.1% | -2.2% |
| 1998 | 23.8% | -1.2% |
| 1999 | 25.1% | +5.7% |
| 2000 | 23.5% | -6.6% |
| 2001 | 26.7% | +13.5% |
| 2002 | 26.9% | +1.0% |
| 2008 | 17.9% | -33.6% |
| 2009 | 17.6% | -1.8% |
| 2010 | 15.9% | -9.6% |
| 2011 | 15.3% | -3.4% |
| 2012 | 15.4% | +0.3% |
| 2013 | 15.3% | -0.3% |
| 2014 | 16.7% | +8.9% |
| 2015 | 16.4% | -1.9% |
| 2016 | 17.5% | +7.0% |
| 2017 | 19.9% | +13.6% |
| 2018 | 18.8% | -5.4% |
| 2019 | 17.6% | -6.5% |
| 2020 | 6.9% | -60.5% |
| 2021 | 6.8% | -1.5% |
| 2022 | 10.1% | +47.7% |
| 2023 | 12.3% | +21.4% |
| 2024 | 12.3% | +0.2% |
Biggest year-on-year movements
Years where Travel services in Other small states 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 | -60.5% | 17.6% | 6.9% |
| 2022 | +47.7% | 6.8% | 10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.5% | 23.8% | 28.0% | 8 |
| 2000s | 22.5% | 17.6% | 26.9% | 5 |
| 2010s | 16.9% | 15.3% | 19.9% | 10 |
| 2020s | 9.7% | 6.8% | 12.3% | 5 |
Countries ranked near Other small states
More economy & growth data for Other small states
- General government final consumption expenditure (current US$), per 0.2067 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,547 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5443 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.95 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 2,424 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1382 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.05 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 3,625 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.003 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Other small states?
- Travel services in Other small states was 12.3% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Other small states?
- The highest recorded value was 28.0% in 1992.
- What is the lowest travel services recorded in Other small states?
- The lowest recorded value was 6.8% in 2021.
- How does Other small states rank for travel services?
- Other small states ranks 45th out of 47 groups with data for 2024.
- Is travel services rising or falling in Other small states?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is falling.
- Where does this Other small states 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 — 28 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.