IDA blend - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in IDA blend was 21.38 as of 2020. Its highest value over the past 43 years was 29.57 in 2019, while its lowest value was 10.83 in 1979.

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
1977 12.36
1978 11.78
1979 10.83
1980 16.21
1981 17.06
1982 17.06
1983 15.38
1984 13.86
1985 13.15
1986 14.17
1987 15.32
1988 17.83
1989 20.84
1990 20.57
1991 23.91
1992 18.37
1993 16.31
1994 18.36
1995 15.65
1996 19.01
1997 16.71
1998 16.81
1999 13.94
2000 15.37
2001 14.99
2002 15.04
2003 24.76
2005 11.73
2006 19.13
2007 22.26
2008 27.61
2009 19.58
2010 19.55
2011 21.14
2012 21.22
2013 21.29
2014 19.50
2015 23.89
2016 16.92
2017 25.59
2018 25.96
2019 29.57
2020 21.38

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