Home > Countries > Brunei > Economic Policy & Debt > Balance of payments

Brunei - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Brunei was 8.07 as of 2020. Its highest value over the past 19 years was 45.43 in 2002, while its lowest value was 8.07 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.

Year	Value
2001	43.28
2002	45.43
2003	45.36
2004	35.49
2005	33.67
2006	33.66
2007	32.68
2008	32.72
2009	33.27
2014	28.15
2015	27.76
2016	30.36
2017	40.38
2018	37.15
2019	33.92
2020	8.07

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Brunei was 10.75 as of 2020. Its highest value over the past 19 years was 35.07 in 2019, while its lowest value was 10.75 in 2020.

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

Year	Value
2001	32.16
2002	26.54
2003	28.35
2004	33.33
2005	31.06
2006	30.08
2007	28.64
2008	27.95
2009	27.80
2014	14.16
2015	22.75
2016	27.18
2017	32.16
2018	33.36
2019	35.07
2020	10.75

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments