Libya - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Libya was 39.82 as of 2019. Its highest value over the past 42 years was 51.73 in 2011, while its lowest value was 8.68 in 1996.

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
1977 20.85
1978 18.12
1979 19.20
1980 20.39
1981 12.97
1982 12.91
1983 26.28
1984 22.84
1985 23.03
1986 14.25
1987 22.39
1988 33.72
1989 34.57
1990 30.59
1991 50.96
1992 15.17
1993 12.48
1994 16.14
1995 13.28
1996 8.68
1997 35.98
1998 38.22
1999 40.65
2000 44.36
2001 43.04
2002 37.95
2003 34.88
2004 31.50
2005 28.95
2006 26.05
2007 33.89
2008 29.40
2009 31.34
2010 33.41
2011 51.73
2012 36.55
2013 28.63
2014 15.33
2015 20.76
2016 24.77
2017 43.98
2018 40.33
2019 39.82

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