Micronesia - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Micronesia was 15.39 as of 2014. Its highest value over the past 5 years was 15.49 in 2012, while its lowest value was 12.14 in 2009.

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
2009 12.14
2010 14.68
2011 15.21
2012 15.49
2013 14.36
2014 15.39

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Micronesia was 66.42 as of 2014. Its highest value over the past 5 years was 70.18 in 2013, while its lowest value was 65.72 in 2012.

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
2009 69.07
2010 69.16
2011 67.44
2012 65.72
2013 70.18
2014 66.42

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments