Micronesia - Travel services imports

Travel services (% of commercial service imports)

The value for Travel services (% of commercial service imports) in Micronesia was 16.06 as of 2014. As the graph below shows, over the past 5 years this indicator reached a maximum value of 16.12 in 2012 and a minimum value of 12.64 in 2009.

Definition: Travel services (% of commercial service imports) 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, meals, and transport (within the economy visited).

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

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Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports