Heavily indebted poor countries (HIPC) - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Heavily indebted poor countries (HIPC) was 6.28 as of 2020. Its highest value over the past 42 years was 21.26 in 2006, while its lowest value was 6.28 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
1978 13.75
1979 13.16
1980 11.81
1981 10.44
1982 12.10
1983 11.51
1984 11.86
1985 11.41
1986 13.07
1987 15.00
1988 17.60
1989 17.46
1990 15.51
1991 17.67
1992 15.31
1993 15.65
1994 14.59
1995 16.37
1996 17.06
1997 17.88
1998 18.62
1999 18.81
2000 17.95
2001 16.81
2002 17.05
2003 16.90
2004 17.75
2005 19.16
2006 21.26
2007 19.20
2008 16.81
2009 17.31
2010 15.79
2011 14.66
2012 12.81
2013 12.29
2014 12.98
2015 13.63
2016 14.10
2017 12.80
2018 12.05
2019 11.86
2020 6.28

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