IBRD only - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in IBRD only was 20.75 as of 2020. Its highest value over the past 38 years was 37.36 in 2015, while its lowest value was 18.59 in 1983.

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
1982 20.45
1983 18.59
1984 19.18
1985 19.34
1986 19.83
1987 20.07
1988 20.89
1989 20.84
1990 22.20
1991 23.06
1992 24.16
1993 23.83
1994 24.70
1995 23.76
1996 24.45
1997 24.55
1998 25.73
1999 25.59
2000 26.93
2001 27.20
2002 27.50
2003 25.52
2004 25.41
2005 23.92
2006 22.93
2007 22.14
2008 21.87
2009 23.84
2010 24.19
2011 24.81
2012 27.38
2013 29.23
2014 34.80
2015 37.36
2016 37.24
2017 36.90
2018 36.40
2019 35.35
2020 20.75

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