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

Travel services (% of service imports, BoP) in Small states was 12.38 as of 2020. Its highest value over the past 28 years was 25.54 in 1992, while its lowest value was 12.38 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
1992 25.54
1993 24.55
1994 24.90
2008 18.97
2009 18.46
2010 17.46
2011 15.15
2012 17.85
2013 17.54
2014 19.09
2015 19.48
2016 22.14
2017 22.56
2018 22.04
2019 20.68
2020 12.38

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