Albania - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Albania was 56.79 as of 2020. Its highest value over the past 28 years was 76.87 in 2014, while its lowest value was 1.35 in 1992.

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 1.35
1993 4.39
1994 4.23
1995 4.22
1996 6.23
1997 4.17
1998 4.07
1999 7.54
2000 63.41
2001 57.96
2002 61.92
2003 60.93
2004 60.82
2005 56.85
2006 61.31
2007 65.89
2008 65.58
2009 71.02
2010 67.83
2011 69.60
2012 68.64
2013 74.72
2014 76.87
2015 74.25
2016 71.27
2017 71.06
2018 72.72
2019 73.93
2020 56.79

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Albania was 44.44 as of 2020. Its highest value over the past 40 years was 319.58 in 1997, while its lowest value was 1.09 in 1991.

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
1980 6.42
1981 8.33
1982 3.79
1983 3.85
1984 3.90
1985 4.00
1986 6.88
1987 8.97
1988 10.14
1989 8.21
1990 11.11
1991 1.09
1992 59.11
1993 73.32
1994 73.83
1995 65.89
1996 59.44
1997 319.58
1998 147.75
1999 70.85
2000 84.78
2001 81.36
2002 83.66
2003 69.98
2004 66.80
2005 67.42
2006 61.49
2007 65.49
2008 62.66
2009 68.79
2010 62.32
2011 58.00
2012 60.16
2013 64.55
2014 68.20
2015 66.68
2016 63.86
2017 59.93
2018 60.36
2019 61.16
2020 44.44

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments