Belgium - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Belgium was 18.04 as of 2016. Its highest value over the past 14 years was 28.70 in 2006, while its lowest value was 17.74 in 2015.

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 28.47
2006 28.70
2007 25.02
2008 21.85
2009 23.11
2010 21.52
2011 21.69
2012 20.60
2013 21.26
2014 20.23
2015 17.74
2016 18.04

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Belgium was 10.26 as of 2016. Its highest value over the past 14 years was 17.76 in 2002, while its lowest value was 10.26 in 2016.

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 17.76
2003 17.72
2004 17.02
2005 17.19
2006 17.03
2007 14.89
2008 12.39
2009 12.37
2010 11.57
2011 12.11
2012 11.75
2013 11.81
2014 11.14
2015 10.63
2016 10.26

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments