Arab World - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Arab World was 26.27 as of 2018. Its highest value over the past 7 years was 28.47 in 2016, while its lowest value was 22.46 in 2011.

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
2011 22.46
2012 23.58
2013 24.15
2014 24.99
2015 26.28
2016 28.47
2017 27.63
2018 26.27

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments