Other small states - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Other small states was 13.03 as of 2020. Its highest value over the past 11 years was 24.03 in 2017, while its lowest value was 13.03 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
2009 18.82
2011 15.61
2012 18.72
2013 18.50
2014 20.30
2015 20.45
2016 23.44
2017 24.03
2018 23.43
2019 21.99
2020 13.03

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