Lebanon - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Lebanon was 35.90 as of 2010. Its highest value over the past 8 years was 79.98 in 2002, while its lowest value was 26.47 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
2002 79.98
2003 45.35
2004 38.52
2005 36.84
2006 34.42
2007 31.18
2008 26.47
2009 28.55
2010 35.90

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Lebanon was 49.56 as of 2010. Its highest value over the past 8 years was 96.71 in 2002, while its lowest value was 33.11 in 2008.

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
2002 96.71
2003 67.36
2004 55.76
2005 50.94
2006 43.02
2007 40.90
2008 33.11
2009 40.11
2010 49.56

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments