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

Travel services (% of service imports, BoP) in Ecuador was 14.64 as of 2020. Its highest value over the past 44 years was 34.58 in 1982, while its lowest value was 14.64 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
1976 18.57
1977 19.18
1978 20.34
1979 27.36
1980 32.42
1981 31.16
1982 34.58
1983 30.96
1984 30.47
1985 30.82
1986 26.76
1987 26.23
1988 27.56
1989 27.00
1990 21.77
1991 19.67
1992 19.08
1993 17.28
1994 18.17
1995 19.83
1996 19.46
1997 18.27
1998 19.34
1999 22.90
2000 23.48
2001 23.59
2002 22.66
2003 21.74
2004 19.77
2005 19.96
2006 19.87
2007 19.55
2008 17.94
2009 20.91
2010 18.93
2011 18.81
2012 19.06
2013 17.95
2014 18.01
2015 19.94
2016 29.59
2017 28.56
2018 28.81
2019 29.35
2020 14.64

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