Australia - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Australia was 43.81 as of 2011. Its highest value over the past 6 years was 43.81 in 2011, while its lowest value was 36.00 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 36.73
2006 36.00
2007 36.56
2008 38.38
2009 42.57
2010 43.34
2011 43.81

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Australia was 60.92 as of 2011. Its highest value over the past 6 years was 62.05 in 2010, while its lowest value was 53.30 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 54.88
2006 53.30
2007 54.41
2008 55.73
2009 61.67
2010 62.05
2011 60.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments