Philippines - Travel services imports

Travel services (% of commercial service imports)

The value for Travel services (% of commercial service imports) in Philippines was 17.12 as of 2021. As the graph below shows, over the past 44 years this indicator reached a maximum value of 51.43 in 2014 and a minimum value of 1.65 in 1984.

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.

See also:

Year Value
1977 4.41
1978 5.69
1979 6.80
1980 8.04
1981 8.28
1982 8.57
1983 13.83
1984 1.65
1985 4.38
1986 6.80
1987 7.83
1988 5.84
1989 5.01
1990 6.45
1991 3.42
1992 4.43
1993 4.23
1994 4.23
1995 6.11
1996 13.48
1997 13.75
1998 19.33
1999 31.64
2000 31.73
2001 31.99
2002 29.90
2003 26.28
2004 21.93
2005 47.20
2006 42.43
2007 40.84
2008 34.84
2009 40.95
2010 46.84
2011 46.75
2012 46.90
2013 48.78
2014 51.43
2015 48.57
2016 46.78
2017 45.85
2018 45.16
2019 43.48
2020 23.29
2021 17.12

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports