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

Travel services (% of service imports, BoP) in Nepal was 25.97 as of 2021. Its highest value over the past 45 years was 51.51 in 2009, while its lowest value was 20.70 in 1991.

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
1976 30.81
1977 31.92
1978 31.05
1979 29.68
1980 29.25
1981 25.05
1982 27.85
1983 24.23
1984 27.73
1985 24.85
1986 25.59
1987 26.52
1988 28.89
1989 32.33
1990 27.05
1991 20.70
1992 23.08
1993 36.89
1994 37.90
1995 43.52
1996 51.42
1997 46.01
1998 39.63
1999 33.63
2000 36.67
2001 37.14
2002 29.22
2003 30.50
2004 39.94
2005 37.54
2006 37.59
2007 37.87
2008 44.70
2009 51.51
2010 46.19
2011 40.93
2012 46.10
2013 42.86
2014 42.08
2015 43.89
2016 46.92
2017 48.26
2018 46.91
2019 40.86
2020 24.01
2021 25.97

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