Hong Kong SAR, China - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Hong Kong SAR, China was 35.66 as of 2009. Its highest value over the past 11 years was 55.03 in 1999, while its lowest value was 34.19 in 2008.

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
1998 53.73
1999 55.03
2000 50.62
2001 49.47
2002 47.83
2003 43.82
2004 42.61
2005 39.16
2006 37.89
2007 35.32
2008 34.19
2009 35.66

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Hong Kong SAR, China was 18.99 as of 2009. Its highest value over the past 11 years was 18.99 in 2009, while its lowest value was 14.45 in 2001.

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
1998 16.77
1999 15.50
2000 14.61
2001 14.45
2002 16.71
2003 15.34
2004 16.31
2005 16.16
2006 16.00
2007 16.24
2008 16.59
2009 18.99

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments