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

Travel services (% of service exports, BoP) in OECD members was 10.03 as of 2020. Its highest value over the past 44 years was 33.04 in 1995, while its lowest value was 10.03 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
1976 22.68
1977 24.51
1978 25.07
1979 26.46
1980 25.55
1981 25.06
1982 24.74
1983 25.33
1984 27.86
1985 28.30
1986 29.52
1987 30.38
1988 31.33
1989 31.74
1990 31.70
1991 31.97
1992 32.78
1993 32.73
1994 32.90
1995 33.04
1996 31.15
1997 30.23
1998 30.27
1999 29.68
2000 28.60
2001 27.62
2002 26.42
2003 25.97
2004 25.00
2005 24.08
2006 22.92
2007 21.96
2008 21.54
2009 21.71
2010 21.28
2011 21.17
2012 21.00
2013 21.34
2014 21.22
2015 21.38
2016 21.42
2017 21.26
2018 20.95
2019 20.87
2020 10.03

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