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

Travel services (% of service imports, BoP) in India was 10.84 as of 2020. Its highest value over the past 45 years was 17.99 in 2014, while its lowest value was 2.29 in 1975.

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
1975 2.29
1976 3.33
1977 4.00
1978 4.55
1979 5.01
1980 3.79
1981 4.45
1982 5.46
1983 6.11
1984 8.35
1985 9.08
1986 7.65
1987 7.59
1988 7.46
1989 7.08
1990 6.46
1991 7.29
1992 6.98
1993 7.30
1994 9.37
1995 9.70
1996 8.17
1997 10.78
1998 11.78
1999 11.64
2000 14.02
2001 14.96
2002 14.20
2003 14.41
2004 13.59
2005 13.12
2006 11.70
2007 11.71
2008 17.29
2009 17.56
2010 13.29
2011 17.62
2012 15.44
2013 14.75
2014 17.99
2015 17.95
2016 17.07
2017 16.86
2018 17.17
2019 17.55
2020 10.84

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