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

Travel services (% of service imports, BoP) in Venezuela was 19.13 as of 2016. Its highest value over the past 46 years was 48.35 in 1982, while its lowest value was 13.57 in 2012.

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 27.24
1971 23.91
1972 27.37
1973 26.47
1974 25.28
1975 25.27
1976 29.84
1977 35.91
1978 41.91
1979 41.43
1980 47.00
1981 47.63
1982 48.35
1983 40.02
1984 40.39
1985 29.22
1986 25.28
1987 22.74
1988 17.78
1989 32.94
1990 39.51
1991 35.11
1992 32.93
1993 45.59
1994 41.24
1995 34.99
1996 45.59
1997 19.17
1998 21.19
1999 24.02
2000 23.71
2001 23.63
2002 24.96
2003 24.40
2004 23.91
2005 23.87
2006 20.52
2007 14.01
2008 13.64
2009 14.20
2010 14.04
2011 15.30
2012 13.57
2013 16.75
2014 14.26
2015 15.20
2016 19.13

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