Naoero: Travel services (% of commercial service imports)

Key figures

What the numbers say

In 2024, Naoero's travel services (% of commercial service imports) rose 4.91 percentage points on 2023 (from 31.56% to 36.47%).

Across the 15 yearly changes before that (2009 to 2023), the average change was +0.27 percentage points and a typical year strayed about 9.63 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 13.66 percentage points in 2022 and the biggest yearly fall was 23.74 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Naoero had the 5th highest value of the 28 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Naoero in the 2024 ranking

• Bhutan — 1st of 28: 46.95%
• Guinea-Bissau — 2nd of 28: 41.19%
• Rwanda — 3rd of 28: 37.7%
• Jordan — 5th of 28: 30.83%
• Fiji — 6th of 28: 29.49%
• Mauritius — 7th of 28: 23.5%

What this measures

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 commercial services provided by non-residents to residents.

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 17 values

Travel services (% of commercial service imports) in nearby economies

• Australia — 41.77% (2025)
• Brunei Darussalam — 37.15% (2025)
• Cambodia — 20.15% (2025)
• China — 40.99% (2025)
• Fiji — 29.49% (2024)
• French Polynesia — 39.68% (2016)
• Hong Kong SAR, China — 32.48% (2025)
• Indonesia — 22.53% (2025)
• Japan — 7.32% (2025)
• Kiribati

More private sector & trade data for Naoero

• Import unit value index (2015 = 100) — 111.3 (2025)
• Export unit value index (2015 = 100) — 92 (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 76.56% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 9.51% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 13.93% (2023)
• Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
• Merchandise imports by the reporting economy (current US$) — US$71.29 million (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Naoero's travel services (% of commercial service imports)?

36.47% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2008?

It is up 8.97 percentage points from 27.5% in 2008. The highest value was 41.84% in 2010 and the lowest 10.87% in 2012.

How does Naoero rank?

5th highest of 28 economies with data for 2024.

Is the latest change in travel services (% of commercial service imports) unusual for Naoero?

In 2024, Naoero's travel services (% of commercial service imports) rose 4.91 percentage points on 2023 (from 31.56% to 36.47%). Across the 15 yearly changes before that (2009 to 2023), the average change was +0.27 percentage points and a typical year strayed about 9.63 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TM.VAL.TRVL.ZS.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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