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

Travel services (% of service exports, BoP) in Heavily indebted poor countries (HIPC) was 20.20 as of 2020. Its highest value over the past 42 years was 40.62 in 2007, while its lowest value was 20.20 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 20.47
1979 20.81
1980 21.26
1981 20.43
1982 20.23
1983 21.18
1984 22.17
1985 21.10
1986 20.46
1987 22.50
1988 23.14
1989 25.51
1990 24.62
1991 25.92
1992 25.29
1993 24.59
1994 26.46
1995 34.20
1996 38.04
1997 35.16
1998 38.14
1999 38.91
2000 34.99
2001 35.80
2002 35.75
2003 40.51
2004 37.70
2005 39.67
2006 39.33
2007 40.62
2008 36.00
2009 36.34
2010 34.92
2011 33.76
2012 36.29
2013 37.65
2014 38.03
2015 34.01
2016 36.42
2017 35.77
2018 35.76
2019 34.25
2020 20.20

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