IBRD only - Travel services

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

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in IBRD only was 13.94 as of 2020. Its highest value over the past 38 years was 41.94 in 2003, while its lowest value was 13.94 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
1982 34.52
1983 34.29
1984 34.65
1985 34.69
1986 36.34
1987 39.08
1988 40.14
1989 40.25
1990 40.40
1991 38.62
1992 40.21
1993 40.50
1994 40.43
1995 39.61
1996 41.85
1997 34.74
1998 35.39
1999 35.92
2000 36.64
2001 36.51
2002 36.41
2003 41.94
2004 40.81
2005 39.26
2006 38.09
2007 35.90
2008 33.41
2009 34.83
2010 33.17
2011 32.10
2012 32.43
2013 32.30
2014 31.36
2015 32.08
2016 32.09
2017 32.43
2018 32.08
2019 32.07
2020 13.94

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments