Thailand - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Thailand was 6.12 as of 2020. Its highest value over the past 45 years was 26.40 in 1994, while its lowest value was 6.12 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
1975 21.36
1976 25.44
1977 18.46
1978 17.52
1979 16.84
1980 14.82
1981 15.19
1982 16.13
1983 17.99
1984 16.20
1985 15.47
1986 16.03
1987 16.01
1988 16.89
1989 16.57
1990 22.70
1991 23.63
1992 23.73
1993 24.38
1994 26.40
1995 22.68
1996 21.88
1997 19.68
1998 16.33
1999 18.22
2000 17.93
2001 20.01
2002 19.75
2003 16.08
2004 19.56
2005 14.19
2006 14.10
2007 13.51
2008 10.89
2009 12.86
2010 13.61
2011 12.40
2012 13.68
2013 13.67
2014 15.63
2015 18.15
2016 20.85
2017 22.51
2018 21.99
2019 21.73
2020 6.12

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Thailand was 44.84 as of 2020. Its highest value over the past 45 years was 73.81 in 2017, while its lowest value was 36.47 in 1975.

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
1975 36.47
1976 38.51
1977 42.56
1978 53.43
1979 53.17
1980 58.24
1981 60.97
1982 60.47
1983 59.01
1984 58.83
1985 57.28
1986 61.64
1987 63.36
1988 67.09
1989 68.79
1990 67.37
1991 62.39
1992 54.83
1993 50.98
1994 52.09
1995 54.13
1996 53.44
1997 48.60
1998 46.93
1999 48.02
2000 53.96
2001 54.33
2002 51.34
2003 49.73
2004 52.75
2005 48.06
2006 54.45
2007 55.35
2008 54.86
2009 53.16
2010 58.54
2011 65.43
2012 65.89
2013 68.99
2014 67.04
2015 71.01
2016 70.21
2017 73.81
2018 72.76
2019 73.68
2020 44.84

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments