Pacific island small states - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Pacific island small states was 15.87 as of 2020. Its highest value over the past 38 years was 23.49 in 1987, while its lowest value was 11.23 in 1982.

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
1982 11.23
1983 12.16
1984 12.96
1985 12.80
1986 14.54
1987 23.49
1988 15.65
1989 15.23
1990 13.73
1991 13.31
1992 12.47
1993 13.44
1994 15.25
1995 15.71
1996 16.43
1997 14.91
1998 13.95
1999 15.02
2000 21.16
2001 17.87
2002 18.05
2003 16.05
2004 19.26
2005 19.28
2006 19.08
2007 19.17
2008 18.08
2009 20.13
2010 19.91
2011 20.95
2012 19.75
2013 18.38
2014 18.98
2015 19.66
2016 21.16
2017 21.25
2018 20.19
2019 21.02
2020 15.87

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Pacific island small states was 38.92 as of 2020. Its highest value over the past 38 years was 66.89 in 2010, while its lowest value was 38.92 in 2020.

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
1982 60.10
1983 51.31
1984 57.62
1985 51.53
1986 57.18
1987 52.34
1988 50.88
1989 48.91
1990 47.68
1991 44.69
1992 46.68
1993 46.95
1994 49.05
1995 52.03
1996 49.40
1997 46.63
1998 48.15
1999 50.07
2000 40.20
2001 43.37
2002 49.32
2003 52.44
2004 56.04
2005 53.66
2006 56.65
2007 56.85
2008 61.97
2009 66.40
2010 66.89
2011 65.65
2012 64.91
2013 62.97
2014 65.24
2015 66.13
2016 66.37
2017 66.18
2018 61.69
2019 63.61
2020 38.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments