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Latin America & Caribbean Travel services (% of service exports, BoP) 2026: Interactive Chart & Historical Data

Travel services (% of service exports, BoP) in Latin America & Caribbean stood at 41% in 2025, according to World Bank. The latest value is down 0.21 percentage points from 41.22% in 2024. Ten years earlier, in 2015, the value was 44.12% (down 3.12 percentage points since). The highest value since 1979 was 49.83% in 1998, the lowest 25.72% in 2020.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Travel services (% of service exports, BoP)?

Travel services (% of service exports, BoP), measured in %, captures Latin America & Caribbean 's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Latin America & Caribbean , Travel services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Latin America & Caribbean 's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Travel services (% of service exports, BoP) in Latin America & Caribbean ?

Travel services (% of service exports, BoP) in Latin America & Caribbean stood at 41% in 2025, according to World Bank.

Is Travel services (% of service exports, BoP) in Latin America & Caribbean rising or falling?

The latest value is down 0.21 percentage points from 41.22% in 2024. Ten years earlier, in 2015, the value was 44.12% (down 3.12 percentage points since).

What is the highest Travel services (% of service exports, BoP) on record in Latin America & Caribbean ?

The highest value since 1979 was 49.83% in 1998, the lowest 25.72% in 2020.

Metadata for Travel services (% of service exports, BoP) in Latin America & Caribbean
IndicatorTravel services (% of service exports, BoP)
CountryLatin America & Caribbean
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest balance: 41% (2025)

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Source:World Bank — series BX.GSR.TRVL.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Travel services (% of service exports, BoP) — Latin America & Caribbean [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-trvl-zs/LCN. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS

MLA

World Bank. "Travel services (% of service exports, BoP) — Latin America & Caribbean ." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-trvl-zs/LCN. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS.

Chicago

World Bank. 2026. "Travel services (% of service exports, BoP) — Latin America & Caribbean ." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-trvl-zs/LCN. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS.

BibTeX
@misc{econdash_wdi_bx_gsr_trvl_zs_lcn,
  author = {{World Bank}},
  title = {{Travel services (\% of service exports, BoP) --- Latin America \& Caribbean }},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-bx-gsr-trvl-zs/LCN},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS}
}