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

Travel services (% of service exports, BoP) in India was 6.42 as of 2020. Its highest value over the past 45 years was 52.23 in 1980, while its lowest value was 6.42 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
1975 23.44
1976 27.07
1977 39.21
1978 42.76
1979 42.61
1980 52.23
1981 45.71
1982 40.57
1983 35.62
1984 22.75
1985 26.52
1986 35.83
1987 39.92
1988 37.11
1989 34.99
1990 33.70
1991 37.39
1992 46.52
1993 42.28
1994 37.63
1995 38.11
1996 39.11
1997 31.72
1998 25.22
1999 20.74
2000 20.74
2001 18.45
2002 15.93
2003 18.67
2004 16.19
2005 14.36
2006 12.43
2007 12.40
2008 11.16
2009 11.99
2010 12.38
2011 12.78
2012 12.35
2013 12.33
2014 12.53
2015 13.45
2016 13.86
2017 14.77
2018 13.94
2019 14.30
2020 6.42

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