IDA only - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in IDA only was 23.33 as of 2020. Its highest value over the past 42 years was 50.34 in 2010, while its lowest value was 23.33 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
1978 24.65
1979 24.15
1980 25.09
1981 24.31
1982 25.01
1983 25.80
1984 28.03
1985 26.93
1986 27.00
1987 28.18
1988 29.69
1989 31.18
1990 29.60
1991 30.24
1992 33.96
1993 37.80
1994 37.91
1995 41.57
1996 43.63
1997 39.33
1998 42.61
1999 42.59
2000 41.62
2001 44.81
2002 43.80
2003 42.93
2004 46.66
2005 44.61
2006 44.94
2007 49.01
2008 46.32
2009 48.38
2010 50.34
2011 41.92
2012 42.88
2013 43.86
2014 45.51
2015 41.87
2016 43.47
2017 43.58
2018 41.90
2019 41.09
2020 23.33

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