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Small states - Travel services

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.

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

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Small states was 17.58 as of 2020. Its highest value over the past 9 years was 40.19 in 2016, while its lowest value was 17.58 in 2020.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Year	Value
2011	35.05
2012	34.28
2013	34.75
2014	36.40
2015	37.19
2016	40.19
2017	38.73
2018	38.98
2019	38.76
2020	17.58

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments