Australia - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Australia was 44.43 as of 2016. Its highest value over the past 27 years was 44.43 in 2016, while its lowest value was 26.45 in 1993.

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 42.14
2014 41.92
2015 41.15
2016 44.43

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Australia was 61.23 as of 2016. Its highest value over the past 27 years was 61.31 in 2010, while its lowest value was 39.56 in 1989.

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 39.56
1990 40.92
1991 41.39
1992 41.04
1993 42.72
1994 46.80
1995 48.18
1996 49.25
1997 48.68
1998 47.04
1999 49.27
2000 47.00
2001 51.50
2002 51.75
2003 53.52
2004 54.77
2005 54.91
2006 52.97
2007 53.79
2008 54.85
2009 60.92
2010 61.31
2011 60.49
2012 58.88
2013 57.68
2014 58.22
2015 58.92
2016 61.23

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments