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

Travel services (% of service exports, BoP) in Upper middle income was 16.06 as of 2020. Its highest value over the past 38 years was 44.90 in 1996, while its lowest value was 16.06 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
1982 38.73
1983 39.52
1984 39.52
1985 38.63
1986 40.74
1987 42.35
1988 43.01
1989 44.31
1990 44.01
1991 41.77
1992 42.44
1993 41.94
1994 41.55
1995 42.05
1996 44.90
1997 34.46
1998 34.83
1999 34.63
2000 35.06
2001 35.46
2002 36.31
2003 44.88
2004 44.78
2005 44.06
2006 42.99
2007 39.22
2008 36.73
2009 38.95
2010 37.60
2011 36.76
2012 37.17
2013 37.06
2014 35.64
2015 36.84
2016 37.39
2017 37.11
2018 36.68
2019 36.60
2020 16.06

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