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

Travel services (% of service imports, BoP) in Norway was 9.59 as of 2020. Its highest value over the past 45 years was 34.39 in 1988, while its lowest value was 9.59 in 2020.

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
1975 19.50
1976 19.13
1977 21.44
1978 23.06
1979 22.67
1980 21.12
1981 21.98
1982 24.71
1983 23.71
1984 21.94
1985 24.74
1986 30.55
1987 32.55
1988 34.39
1989 28.12
1990 29.80
1991 26.92
1992 27.84
1993 27.00
1994 29.54
1995 30.33
1996 31.61
1997 29.33
1998 30.10
1999 30.09
2000 29.24
2001 26.48
2002 27.93
2003 31.86
2004 34.28
2005 33.23
2006 33.85
2007 29.38
2008 29.56
2009 32.64
2010 29.89
2011 33.13
2012 31.65
2013 32.77
2014 32.21
2015 32.36
2016 31.17
2017 32.64
2018 32.67
2019 30.62
2020 9.59

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