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

Travel services (% of service imports, BoP) in Australia was 16.66 as of 2020. Its highest value over the past 31 years was 50.25 in 2018, while its lowest value was 16.66 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
1989 28.23
1990 29.79
1991 27.82
1992 27.74
1993 26.45
1994 26.96
1995 28.89
1996 30.56
1997 31.76
1998 32.01
1999 32.16
2000 33.03
2001 32.82
2002 32.26
2003 32.94
2004 37.63
2005 37.83
2006 37.68
2007 39.03
2008 39.48
2009 43.69
2010 43.73
2011 43.87
2012 42.06
2013 46.22
2014 46.82
2015 45.86
2016 49.27
2017 50.11
2018 50.25
2019 49.90
2020 16.66

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