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

Travel services (% of service exports, BoP) in Other small states was 13.24 as of 2020. Its highest value over the past 9 years was 32.66 in 2016, while its lowest value was 13.24 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
2011 27.01
2012 27.08
2013 28.08
2014 29.16
2015 29.38
2016 32.66
2017 32.14
2018 32.15
2019 30.06
2020 13.24

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