Travel services in Pre-demographic dividend
Pre-demographic dividend: Travel services was 21.9% in 2024. ▲ Rising
Travel services in Pre-demographic dividend, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Pre-demographic dividend recorded 21.9% for travel services in 2024.
Compared with earlier readings it is up 5.3% on the previous year and up 41.5% over ten years.
Over the whole period, travel services in Pre-demographic dividend peaked at 27.1% in 2019 and was at its lowest, 10.7%, in 2005.
That places Pre-demographic dividend 22nd out of 47 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Travel services in Pre-demographic dividend, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 2005 | 10.7% | — |
| 2006 | 16.8% | +57.7% |
| 2007 | 18.3% | +8.5% |
| 2008 | 18.7% | +2.4% |
| 2009 | 14.7% | -21.6% |
| 2010 | 14.8% | +1.3% |
| 2011 | 14.6% | -1.8% |
| 2012 | 13.7% | -6.3% |
| 2013 | 15.3% | +12.0% |
| 2014 | 15.5% | +1.2% |
| 2015 | 19.9% | +28.3% |
| 2016 | 18.5% | -7.0% |
| 2017 | 23.1% | +25.0% |
| 2018 | 22.6% | -1.9% |
| 2019 | 27.1% | +19.8% |
| 2020 | 16.3% | -39.9% |
| 2021 | 19.7% | +21.2% |
| 2022 | 20.5% | +3.8% |
| 2023 | 20.8% | +1.5% |
| 2024 | 21.9% | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.8% | 10.7% | 18.7% | 5 |
| 2010s | 18.5% | 13.7% | 27.1% | 10 |
| 2020s | 19.8% | 16.3% | 21.9% | 5 |
Countries ranked near Pre-demographic dividend
- 19 Argentina 41.2% compare
- 20 Guinea-Bissau 41.2% compare
- 21 Eritrea 41.0%
- 22 China 40.8% compare
- 23 Comoros 39.6% compare
- 24 French Polynesia 39.6% compare
- 25 Philippines 39.4% compare
More economy & growth data for Pre-demographic dividend
- GDP per capita 1,470 current US$ (2025)
- Inflation, GDP deflator 4.0% (2025)
- Gross value added at basic prices (GVA) 1.58 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 1.58 trillion constant 2015 US$ (2025)
- GDP 1.67 trillion current US$ (2025)
- GDP 1.65 trillion constant 2015 US$ (2025)
- GDP growth 3.6% (2025)
- Manufacturing, value added (current US$), per capita 118.71 current US$ per person (2025)
- GNI, Atlas method 1.62 trillion current US$ (2025)
- Manufacturing, value added (constant 2015 US$), per capita 130.47 constant 2015 US$ per person (2025)
Frequently asked questions
- What is travel services in Pre-demographic dividend?
- Travel services in Pre-demographic dividend was 21.9% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Pre-demographic dividend?
- The highest recorded value was 27.1% in 2019.
- What is the lowest travel services recorded in Pre-demographic dividend?
- The lowest recorded value was 10.7% in 2005.
- How does Pre-demographic dividend rank for travel services?
- Pre-demographic dividend ranks 22nd out of 47 groups with data for 2024.
- Is travel services rising or falling in Pre-demographic dividend?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is rising.
- Where does this Pre-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.
Download this data
CSV · JSON — 20 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.