Upper middle income - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Upper middle income was 23.52 as of 2020. Its highest value over the past 38 years was 42.23 in 2015, while its lowest value was 21.11 in 1983.

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
1982 21.50
1983 21.11
1984 21.85
1985 23.44
1986 25.23
1987 25.80
1988 27.48
1989 27.29
1990 28.28
1991 29.33
1992 29.84
1993 27.92
1994 29.02
1995 27.74
1996 28.37
1997 29.51
1998 30.56
1999 29.44
2000 30.47
2001 30.38
2002 30.91
2003 28.62
2004 28.23
2005 26.22
2006 25.06
2007 24.30
2008 23.49
2009 25.97
2010 26.99
2011 27.44
2012 30.72
2013 32.58
2014 39.16
2015 42.23
2016 42.04
2017 41.58
2018 40.79
2019 39.29
2020 23.52

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