United Kingdom - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in United Kingdom was 10.28 as of 2020. Its highest value over the past 50 years was 40.56 in 2000, while its lowest value was 10.28 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
1970 12.90
1971 13.22
1972 14.87
1973 15.53
1974 12.51
1975 14.31
1976 14.01
1977 14.14
1978 17.62
1979 20.20
1980 22.93
1981 24.49
1982 24.80
1983 26.64
1984 27.10
1985 27.89
1986 32.07
1987 36.48
1988 37.26
1989 37.73
1990 37.64
1991 36.49
1992 37.93
1993 38.28
1994 37.69
1995 37.95
1996 35.56
1997 36.32
1998 37.88
1999 40.02
2000 40.56
2001 39.98
2002 39.99
2003 39.40
2004 38.30
2005 37.71
2006 36.06
2007 36.62
2008 35.58
2009 33.14
2010 32.41
2011 30.53
2012 30.63
2013 28.89
2014 29.08
2015 29.89
2016 30.14
2017 28.84
2018 26.70
2019 26.28
2020 10.28

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