High income - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in High income was 8.52 as of 2020. Its highest value over the past 44 years was 33.15 in 1992, while its lowest value was 8.52 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
1976 24.18
1977 25.02
1978 26.10
1979 25.09
1980 25.12
1981 23.16
1982 25.85
1983 26.24
1984 28.82
1985 29.48
1986 31.11
1987 32.54
1988 33.04
1989 32.41
1990 32.57
1991 31.94
1992 33.15
1993 32.46
1994 32.93
1995 32.29
1996 31.91
1997 31.11
1998 30.77
1999 30.48
2000 29.09
2001 27.97
2002 27.80
2003 27.68
2004 26.66
2005 25.63
2006 24.14
2007 23.75
2008 22.49
2009 22.69
2010 22.11
2011 21.62
2012 21.40
2013 21.30
2014 20.99
2015 20.01
2016 20.34
2017 20.40
2018 20.20
2019 19.64
2020 8.52

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