Korea - Travel services exports

Travel services (% of commercial service exports)

The value for Travel services (% of commercial service exports) in Korea was 8.68 as of 2021. As the graph below shows, over the past 45 years this indicator reached a maximum value of 35.49 in 1989 and a minimum value of 7.22 in 1982.

Definition: Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 20.91
1977 14.64
1978 10.88
1979 8.23
1980 7.60
1981 7.51
1982 7.22
1983 9.00
1984 10.07
1985 13.82
1986 25.67
1987 27.33
1988 35.14
1989 35.49
1990 30.66
1991 26.26
1992 23.33
1993 21.78
1994 19.12
1995 21.70
1996 20.16
1997 17.27
1998 25.88
1999 24.91
2000 21.51
2001 21.40
2002 19.79
2003 15.50
2004 13.81
2005 11.80
2006 10.30
2007 8.74
2008 10.84
2009 13.68
2010 12.53
2011 13.83
2012 13.03
2013 14.09
2014 15.76
2015 15.34
2016 17.98
2017 15.07
2018 18.04
2019 20.27
2020 11.57
2021 8.68

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports