Belgium - Travel services
Travel services (% of service imports, BoP)
Travel services (% of service imports, BoP) in Belgium was 23.76 as of 2010. Its highest value over the past 8 years was 29.24 in 2006, while its lowest value was 23.76 in 2010.
Definition: Travel (% of service imports, BoP) 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. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 2002 | 28.40 |
| 2003 | 28.49 |
| 2004 | 28.47 |
| 2005 | 29.21 |
| 2006 | 29.24 |
| 2007 | 25.42 |
| 2008 | 23.84 |
| 2009 | 26.79 |
| 2010 | 23.76 |
Travel services (% of service exports, BoP)
Travel services (% of service exports, BoP) in Belgium was 11.74 as of 2010. Its highest value over the past 8 years was 18.34 in 2002, while its lowest value was 11.74 in 2010.
Definition: Travel (% of service exports, BoP) 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. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 2002 | 18.34 |
| 2003 | 18.32 |
| 2004 | 17.47 |
| 2005 | 17.53 |
| 2006 | 17.32 |
| 2007 | 14.76 |
| 2008 | 13.33 |
| 2009 | 12.08 |
| 2010 | 11.74 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
