Lao PDR - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Lao PDR was 77.02 as of 2010. Its highest value over the past 19 years was 77.02 in 2010, while its lowest value was 0.17 in 2001.

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
1991 13.03
1992 13.60
1993 14.49
1994 11.83
1995 24.34
1996 17.62
1997 19.00
1998 24.29
1999 22.78
2000 18.82
2001 0.17
2002 1.15
2003 4.15
2004 12.11
2005 12.83
2006 23.65
2007 19.20
2008 38.30
2009 60.83
2010 77.02

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Lao PDR was 74.69 as of 2010. Its highest value over the past 22 years was 74.69 in 2010, while its lowest value was 3.37 in 1988.

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
1988 3.37
1989 7.56
1990 10.97
1991 19.84
1992 29.48
1993 39.91
1994 49.08
1995 53.10
1996 59.67
1997 54.63
1998 65.52
1999 62.92
2000 64.84
2001 62.49
2002 60.62
2003 58.08
2004 66.54
2005 68.13
2006 70.57
2007 68.09
2008 68.60
2009 67.39
2010 74.69

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments