OECD members - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in OECD members was 8.41 as of 2020. Its highest value over the past 45 years was 33.58 in 1992, while its lowest value was 8.41 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
1975 26.70
1976 25.34
1977 26.39
1978 27.05
1979 27.85
1980 27.76
1981 26.66
1982 26.04
1983 26.34
1984 29.11
1985 29.57
1986 31.29
1987 32.72
1988 33.29
1989 32.79
1990 32.96
1991 32.47
1992 33.58
1993 32.79
1994 33.13
1995 32.56
1996 32.10
1997 31.36
1998 30.95
1999 30.64
2000 29.40
2001 28.14
2002 27.84
2003 27.90
2004 26.92
2005 25.88
2006 24.39
2007 23.76
2008 22.72
2009 22.64
2010 22.06
2011 21.69
2012 21.38
2013 21.31
2014 20.91
2015 19.89
2016 20.10
2017 20.28
2018 20.16
2019 19.44
2020 8.41

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