Trinidad and Tobago's travel services (% of service exports, BoP) was 36.81% in 2025, the latest year in the World Bank's World Development Indicators. That is down 10.39 percentage points from 47.2% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 36.81% | 2025 |
| Five years earlier | 32.84% | 2020 |
| Ten years earlier | 47.2% | 2015 |
| Highest | 54.41% | 2019 |
| Lowest | 11.41% | 2021 |
| Average since 2016 | 39.06% | 2016–2025 |
| First recorded | 36.01% | 1975 |
What the numbers say
In 2025, Trinidad and Tobago's travel services (% of service exports, BoP) rose 2.11 percentage points on 2024 (from 34.7% to 36.81%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.27 percentage points and a typical year strayed about 9.28 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 24.72 percentage points in 2022 and the biggest yearly fall was 21.56 percentage points in 2020. 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 there is no clear straight-line trend: a straight line explains 25% 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 2025, Trinidad and Tobago had the 62nd 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.
| Value | Year | |
|---|---|---|
| Trinidad and Tobago | 36.81% | 2025 |
| World | 19.75% | 2025 |
| Latin America & Caribbean | 41% | 2025 |
| High income | 18.09% | 2025 |
Closest to Trinidad and Tobago in the 2025 ranking
- Italy — 58th of 134: 38.37%
- South Africa — 59th of 134: 37.96%
- Guatemala — 60th of 134: 37.04%
- Mongolia — 62nd of 134: 36.47%
- Nepal — 63rd of 134: 35.31%
- Brunei Darussalam — 64th of 134: 34.85%
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 services provided by residents to non-residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 51 values
| Year | Travel services (% of service exports, BoP) |
|---|---|
| 2025 | 36.81 |
| 2024 | 34.7 |
| 2023 | 36.79 |
| 2022 | 36.14 |
| 2021 | 11.41 |
| 2020 | 32.84 |
| 2019 | 54.41 |
| 2018 | 52.71 |
| 2017 | 46.25 |
| 2016 | 48.48 |
| 2015 |
Travel services (% of service exports, BoP) in nearby economies
- Antigua and Barbuda — 84.27% (2025)
- Argentina — 26.45% (2025)
- Aruba — 87.83% (2023)
- Bahamas, The — 93.9% (2024)
- Barbados — 70.71% (2017)
- Belize — 68.14% (2025)
- Bolivia — 64.55% (2025)
- Brazil — 19.2% (2025)
- Chile — 29.54% (2025)
- Colombia — 48.42% (2025)
More economic policy & debt data for Trinidad and Tobago
- Total reserves, including gold (current US$) — US$5.37 billion (2025)
- Total reserves, excluding gold (current US$) — US$5.1 billion (2025)
- GDP (current US$) — US$25.94 billion (2025)
- GDP (current LCU) — 175.08 billion (2025)
- GDP (constant 2015 US$) — US$22.15 billion (2025)
- GDP (constant LCU) — 153.7 billion (2025)
- GDP per capita (current US$) — US$18,967 (2025)
- GDP per capita (current LCU) — 128,006 (2025)
- GDP per capita (constant 2015 US$) — US$16,191 (2025)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is Trinidad and Tobago's travel services (% of service exports, BoP)?
- 36.81% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 0.8 percentage points from 36.01% in 1975. The highest value was 54.41% in 2019 and the lowest 11.41% in 2021.
- How does Trinidad and Tobago rank?
- 62nd highest of 134 economies with data for 2025.
- Is the latest change in travel services (% of service exports, BoP) unusual for Trinidad and Tobago?
- In 2025, Trinidad and Tobago's travel services (% of service exports, BoP) rose 2.11 percentage points on 2024 (from 34.7% to 36.81%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.27 percentage points and a typical year strayed about 9.28 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 BX.GSR.TRVL.ZS, 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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