IDA blend - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in IDA blend was 16.80 as of 2020. Its highest value over the past 43 years was 35.66 in 1986, while its lowest value was 15.90 in 2002.

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
1977 23.21
1978 20.21
1979 19.89
1980 22.91
1981 27.23
1982 28.65
1983 29.23
1984 27.07
1985 26.32
1986 35.66
1987 31.92
1988 30.00
1989 26.90
1990 23.18
1991 24.00
1992 22.94
1993 20.88
1994 25.16
1995 23.83
1996 23.61
1997 26.50
1998 27.40
1999 24.41
2000 19.68
2001 19.26
2002 15.90
2003 16.45
2004 17.98
2005 20.82
2006 22.26
2007 25.32
2008 24.09
2009 25.55
2010 19.41
2011 22.69
2012 20.72
2013 23.30
2014 26.00
2015 24.75
2016 29.96
2017 33.28
2018 32.81
2019 33.00
2020 16.80

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