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

Travel services (% of service imports, BoP) in IDA total was 11.99 as of 2020. Its highest value over the past 43 years was 22.77 in 2008, while its lowest value was 11.71 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 12.74
1978 12.22
1979 11.71
1980 15.03
1981 15.25
1982 17.73
1983 16.73
1984 15.82
1985 14.64
1986 15.54
1987 17.23
1988 19.01
1989 20.77
1990 19.90
1991 21.85
1992 18.91
1993 18.77
1994 20.59
1995 19.35
1996 20.92
1997 20.16
1998 20.37
1999 18.73
2000 19.46
2001 18.10
2002 18.31
2003 22.49
2004 19.13
2005 15.69
2006 19.62
2007 20.59
2008 22.77
2009 19.00
2010 19.03
2011 18.26
2012 17.42
2013 16.64
2014 16.12
2015 18.23
2016 15.51
2017 18.55
2018 18.77
2019 20.80
2020 11.99

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