Ecuador - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Ecuador was 14.64 as of 2020. Its highest value over the past 44 years was 34.58 in 1982, while its lowest value was 14.64 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
1976 18.57
1977 19.18
1978 20.34
1979 27.36
1980 32.42
1981 31.16
1982 34.58
1983 30.96
1984 30.47
1985 30.82
1986 26.76
1987 26.23
1988 27.56
1989 27.00
1990 21.77
1991 19.67
1992 19.08
1993 17.28
1994 18.17
1995 19.83
1996 19.46
1997 18.27
1998 19.34
1999 22.90
2000 23.48
2001 23.59
2002 22.66
2003 21.74
2004 19.77
2005 19.96
2006 19.87
2007 19.55
2008 17.94
2009 20.91
2010 18.93
2011 18.81
2012 19.06
2013 17.95
2014 18.01
2015 19.94
2016 29.59
2017 28.56
2018 28.81
2019 29.35
2020 14.64

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Ecuador was 39.01 as of 2020. Its highest value over the past 44 years was 69.92 in 2018, while its lowest value was 23.97 in 1977.

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
1976 27.56
1977 23.97
1978 37.18
1979 30.63
1980 35.64
1981 32.87
1982 34.38
1983 38.10
1984 47.77
1985 33.50
1986 38.55
1987 39.67
1988 39.32
1989 36.24
1990 34.94
1991 33.99
1992 31.12
1993 36.18
1994 37.29
1995 34.66
1996 40.55
1997 42.03
1998 42.65
1999 46.76
2000 47.06
2001 49.42
2002 50.22
2003 45.84
2004 45.36
2005 47.71
2006 46.99
2007 51.69
2008 51.24
2009 49.92
2010 52.86
2011 52.93
2012 57.05
2013 60.87
2014 63.01
2015 64.71
2016 64.41
2017 67.54
2018 69.92
2019 68.19
2020 39.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments