Ecuador - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Ecuador was 39.01 as of 2020. Its highest value over the past 44 years was 69.92 in 2018, while its lowest value was 23.97 in 1977.

Definition: Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 27.56
1977 23.97
1978 37.18
1979 30.63
1980 35.64
1981 32.87
1982 34.38
1983 38.10
1984 47.77
1985 33.50
1986 38.55
1987 39.67
1988 39.32
1989 36.24
1990 34.94
1991 33.99
1992 31.12
1993 36.18
1994 37.29
1995 34.66
1996 40.55
1997 42.03
1998 42.65
1999 46.76
2000 47.06
2001 49.42
2002 50.22
2003 45.84
2004 45.36
2005 47.71
2006 46.99
2007 51.69
2008 51.24
2009 49.92
2010 52.86
2011 52.93
2012 57.05
2013 60.87
2014 63.01
2015 64.71
2016 64.41
2017 67.54
2018 69.92
2019 68.19
2020 39.01

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments