Singapore - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Singapore was 16.91 as of 2014. Its highest value over the past 9 years was 18.66 in 2009, while its lowest value was 16.91 in 2014.

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
2005 17.93
2006 16.97
2007 17.66
2008 17.92
2009 18.66
2010 18.48
2011 18.31
2012 17.78
2013 17.07
2014 16.91

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Singapore was 13.67 as of 2014. Its highest value over the past 42 years was 37.67 in 1987, while its lowest value was 11.27 in 2009.

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
1972 27.20
1973 28.06
1974 23.12
1975 19.53
1976 21.68
1977 23.99
1978 25.92
1979 31.20
1980 29.51
1981 24.95
1982 23.19
1983 25.46
1984 30.21
1985 36.30
1986 37.64
1987 37.67
1988 35.34
1989 34.78
1990 36.29
1991 33.39
1992 35.37
1993 34.39
1994 29.43
1995 29.30
1996 27.29
1997 23.92
1998 20.20
1999 21.11
2000 19.80
2001 17.80
2002 15.91
2003 12.33
2004 13.16
2005 13.37
2006 12.73
2007 12.22
2008 11.84
2009 11.27
2010 14.06
2011 15.25
2012 14.88
2013 14.06
2014 13.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments