Australia - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Australia was 42.10 as of 2013. Its highest value over the past 8 years was 44.14 in 2011, while its lowest value was 37.68 in 2006.

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
2005 37.83
2006 37.68
2007 39.03
2008 39.48
2009 43.69
2010 43.73
2011 44.14
2012 42.77
2013 42.10

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Australia was 58.31 as of 2013. Its highest value over the past 8 years was 61.31 in 2010, while its lowest value was 52.97 in 2006.

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
2005 54.91
2006 52.97
2007 53.79
2008 54.85
2009 60.92
2010 61.31
2011 60.69
2012 59.85
2013 58.31

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments