World - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in World was 11.33 as of 2020. Its highest value over the past 39 years was 31.62 in 1992, while its lowest value was 11.33 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
1981 22.78
1982 24.46
1983 24.39
1984 26.55
1985 27.14
1986 28.99
1987 30.46
1988 31.03
1989 30.59
1990 30.89
1991 30.53
1992 31.62
1993 30.76
1994 31.15
1995 30.46
1996 30.49
1997 29.74
1998 29.84
1999 29.62
2000 28.59
2001 27.67
2002 27.61
2003 27.29
2004 26.32
2005 25.12
2006 23.76
2007 23.33
2008 22.33
2009 22.83
2010 22.51
2011 22.32
2012 22.81
2013 23.26
2014 24.53
2015 24.44
2016 24.52
2017 24.57
2018 24.30
2019 23.58
2020 11.33

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in World was 10.41 as of 2020. Its highest value over the past 38 years was 34.30 in 1995, while its lowest value was 10.41 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 25.96
1983 26.56
1984 28.73
1985 29.24
1986 30.52
1987 31.53
1988 32.51
1989 32.95
1990 32.84
1991 32.94
1992 33.93
1993 34.04
1994 34.08
1995 34.30
1996 32.84
1997 31.06
1998 30.72
1999 30.33
2000 29.28
2001 28.45
2002 27.69
2003 27.74
2004 26.99
2005 26.09
2006 25.10
2007 24.21
2008 23.53
2009 24.05
2010 23.89
2011 23.77
2012 23.86
2013 24.26
2014 23.83
2015 23.86
2016 24.06
2017 23.96
2018 23.63
2019 23.41
2020 10.41

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments