Slovak Republic: Travel services (% of commercial service exports)

Key figures

What the numbers say

In 2025, Slovak Republic's travel services (% of commercial service exports) rose 0.32 percentage points on 2024 (from 12.28% to 12.6%).

Across the 26 yearly changes before that (1994 to 2024), the average change was −0.91 percentage points and a typical year strayed about 6.34 percentage points from that (the standard deviation). This year's change was 0.2 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 14.57 percentage points in 2001 and the biggest yearly fall was 19.12 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is downward, about 2.24 percentage points a year. A straight line explains 71% of the movement over 10 observed years.

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

How it compares

In 2025, Slovak Republic had the 112th highest value of the 134 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 Slovak Republic in the 2025 ranking

• Angola — 109th of 134: 13.87%
• Nigeria — 110th of 134: 13.63%
• Cyprus — 111th of 134: 13.42%
• United Kingdom — 113th of 134: 12.58%
• Switzerland — 114th of 134: 12.33%
• Estonia — 115th of 134: 12.01%

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 exports which are commercial services provided by residents to non-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 29 values

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

• Albania — 68.09% (2025)
• Armenia — 48.22% (2025)
• Austria — 27.8% (2025)
• Azerbaijan — 23.17% (2025)
• Belarus — 4.14% (2021)
• Belgium — 6.46% (2025)
• Bosnia and Herzegovina — 53.18% (2025)
• Bulgaria — 26.23% (2025)
• Croatia — 66.02% (2025)
• Cyprus

More private sector & trade data for Slovak Republic

• Merchandise trade (% of GDP) — 160.52% (2025)
• Merchandise imports (current US$) — US$122.6 billion (2025)
• Commercial service imports (current US$) — US$14.32 billion (2025)
• Merchandise exports (current US$) — US$125.44 billion (2025)
• Commercial service exports (current US$) — US$14.64 billion (2025)
• Agricultural raw materials imports (% of merchandise imports) — 0.93% (2025)
• Food imports (% of merchandise imports) — 7.24% (2025)
• Fuel imports (% of merchandise imports) — 7.26% (2025)
• Manufactures imports (% of merchandise imports) — 81.79% (2025)

Reading data like this

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Questions people ask

What is Slovak Republic's travel services (% of commercial service exports)?

12.6% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is down 7.15 percentage points from 19.75% in 1993. The highest value was 35.52% in 2009 and the lowest 9.36% in 2021.

How does Slovak Republic rank?

112th highest of 134 economies with data for 2025.

Is the latest change in travel services (% of commercial service exports) unusual for Slovak Republic?

In 2025, Slovak Republic's travel services (% of commercial service exports) rose 0.32 percentage points on 2024 (from 12.28% to 12.6%). Across the 26 yearly changes before that (1994 to 2024), the average change was −0.91 percentage points and a typical year strayed about 6.34 percentage points from that (the standard deviation). This year's change was 0.2 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 TX.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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