Korea - Travel services imports

Travel services (% of commercial service imports)

The value for Travel services (% of commercial service imports) in Korea was 13.58 as of 2021. As the graph below shows, over the past 45 years this indicator reached a maximum value of 28.75 in 2002 and a minimum value of 4.07 in 1976.

Definition: Travel services (% of commercial service imports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging, meals, and transport (within the economy visited).

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

See also:

Year Value
1976 4.07
1977 5.28
1978 6.70
1979 11.97
1980 9.74
1981 11.22
1982 16.49
1983 14.42
1984 14.68
1985 17.35
1986 15.56
1987 13.34
1988 20.06
1989 28.30
1990 27.44
1991 26.90
1992 24.18
1993 23.96
1994 24.72
1995 24.96
1996 25.65
1997 24.07
1998 14.39
1999 18.23
2000 21.63
2001 23.37
2002 28.75
2003 25.16
2004 24.81
2005 26.21
2006 27.17
2007 26.31
2008 19.76
2009 18.52
2010 19.55
2011 19.63
2012 19.25
2013 19.94
2014 20.32
2015 22.81
2016 24.60
2017 25.40
2018 26.71
2019 25.40
2020 15.63
2021 13.58

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports