Colombia - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Colombia was 19.56 as of 2021. Its highest value over the past 53 years was 38.97 in 1987, while its lowest value was 13.42 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
1968 24.69
1969 20.85
1970 19.76
1971 18.90
1972 20.97
1973 22.50
1974 25.92
1975 24.28
1976 25.03
1977 23.80
1978 25.44
1979 27.10
1980 20.50
1981 22.08
1982 19.24
1983 24.19
1984 25.35
1985 21.93
1986 36.28
1987 38.97
1988 32.22
1989 31.57
1990 25.94
1991 28.09
1992 31.58
1993 29.90
1994 32.29
1995 30.70
1996 33.01
1997 32.80
1998 32.81
1999 32.23
2000 30.85
2001 30.59
2002 30.31
2003 29.78
2004 27.70
2005 28.49
2006 28.15
2007 25.55
2008 24.93
2009 25.80
2010 24.85
2011 24.98
2012 25.96
2013 26.78
2014 28.87
2015 30.93
2016 32.77
2017 31.93
2018 32.12
2019 33.01
2020 13.42
2021 19.56

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments