The share of travel services in commercial service imports for Indonesia demonstrated an upward trend from 2013 to 2019, peaking at 28.84 in 2019. However, there was a sharp decline in 2020 and 2021, with values dropping to 7.07 and 1.66, respectively, likely due to the impact of the COVID-19 pandemic. The values rebounded to 15.15 in 2022 and stood slightly higher at 15.18 in 2023. The forecasted data from 2024 to 2028 shows a stable but minimal annual growth, reaching 15.32 by 2028. The year-on-year variation for 2022-2023 was marginal, and the compound annual growth rate over the last 5 years is projected to be 0.14%.

Future trends to watch for include:

The impact of global travel recovery post-pandemic on service imports.
Potential shifts in travel preferences and digital transformation within the travel industry.
Economic policies influencing travel and tourism in Indonesia.
Emerging markets and increased regional travel contributing to service imports.