Colombia - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Colombia was 34.55 as of 2021. Its highest value over the past 53 years was 55.26 in 2001, while its lowest value was 22.46 in 1985.

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
1968 28.48
1969 25.28
1970 28.13
1971 31.80
1972 31.73
1973 30.51
1974 34.87
1975 40.58
1976 38.04
1977 38.91
1978 39.89
1979 38.28
1980 35.62
1981 38.05
1982 36.25
1983 27.84
1984 26.43
1985 22.46
1986 37.73
1987 29.93
1988 32.74
1989 25.95
1990 25.38
1991 29.38
1992 35.57
1993 29.97
1994 42.52
1995 39.15
1996 51.67
1997 49.05
1998 48.29
1999 48.46
2000 49.97
2001 55.26
2002 51.16
2003 46.29
2004 50.34
2005 52.07
2006 51.83
2007 43.58
2008 42.85
2009 45.42
2010 46.43
2011 46.12
2012 45.84
2013 43.58
2014 44.85
2015 50.33
2016 51.95
2017 51.60
2018 52.38
2019 53.26
2020 27.08
2021 34.55

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