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

Travel services (% of service imports, BoP) in Belgium was 10.90 as of 2020. Its highest value over the past 18 years was 28.70 in 2006, while its lowest value was 10.90 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
2002 27.27
2003 27.49
2004 27.64
2005 28.48
2006 28.70
2007 25.02
2008 21.86
2009 23.04
2010 21.44
2011 21.34
2012 20.32
2013 21.05
2014 20.26
2015 13.09
2016 13.74
2017 13.54
2018 14.89
2019 15.15
2020 10.90

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