Euro area - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Euro area was 8.93 as of 2020. Its highest value over the past 45 years was 35.42 in 1999, while its lowest value was 8.93 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 27.47
1976 25.19
1977 27.28
1978 28.13
1979 28.42
1980 27.75
1981 26.08
1982 27.21
1983 28.39
1984 29.60
1985 29.91
1986 31.04
1987 31.94
1988 32.82
1989 32.23
1990 31.60
1991 32.97
1992 33.91
1993 33.52
1994 34.79
1995 35.07
1996 35.25
1997 34.75
1998 34.71
1999 35.42
2000 34.27
2001 32.83
2002 30.71
2003 30.57
2004 28.81
2005 26.82
2006 26.14
2007 24.87
2008 23.85
2009 23.52
2010 22.11
2011 22.41
2012 21.64
2013 21.73
2014 21.03
2015 19.85
2016 19.74
2017 19.67
2018 19.28
2019 18.80
2020 8.93

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