Travel services (% of commercial service imports) - Country Ranking

Definition: Travel services (% of commercial service imports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging, meals, and transport (within the economy visited).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Lao PDR 87.15 2016
2 Albania 73.76 2016
3 Armenia 64.69 2016
4 Lesotho 60.20 2016
5 China 58.11 2016
6 The Gambia 57.16 2016
7 Liberia 52.20 2015
8 Ukraine 50.26 2016
9 Iraq 49.40 2016
10 Eritrea 49.29 2000
11 Kuwait 48.32 2016
12 Nepal 47.39 2016
13 Philippines 46.78 2016
14 Australia 45.28 2016
15 Kyrgyz Republic 44.65 2016
16 Bahrain 44.37 2014
17 Syrian Arab Republic 43.93 2010
18 Argentina 43.54 2016
19 Guinea-Bissau 40.37 2015
20 Tanzania 39.98 2016
21 Iceland 39.32 2016
22 Lebanon 38.47 2016
23 Central African Republic 37.97 1994
24 Solomon Islands 37.95 2016
25 Colombia 37.78 2016
26 Botswana 37.05 2016
27 Sri Lanka 36.79 2016
28 Saudi Arabia 36.39 2016
29 Tuvalu 35.31 2013
30 New Zealand 33.85 2016
31 Azerbaijan 33.55 2016
32 Russia 32.87 2016
33 Libya 32.83 2013
34 Hong Kong SAR, China 32.52 2016
35 Malawi 32.40 2015
36 Norway 32.11 2016
37 Moldova 32.11 2016
38 United Kingdom 31.99 2016
39 Macao SAR, China 31.47 2016
40 Brunei 30.91 2016
41 Mexico 30.89 2016
42 Qatar 30.57 2016
43 Canada 30.03 2016
44 Serbia 29.83 2016
45 Portugal 29.64 2016
46 Cambodia 29.31 2016
47 Bolivia 29.28 2016
48 Bosnia and Herzegovina 29.23 2016
49 Mauritius 28.74 2016
50 Nicaragua 28.34 2016
51 Jordan 28.19 2016
52 Slovak Republic 28.07 2016
53 Paraguay 27.98 2016
54 Uruguay 27.97 2016
55 Rwanda 27.73 2016
56 Tunisia 27.71 2016
57 Spain 27.45 2016
58 Bulgaria 27.33 2016
59 Estonia 27.13 2016
60 Gabon 27.08 2005
61 Bhutan 26.88 2016
62 Israel 26.67 2016
63 Zimbabwe 26.62 2016
64 Cameroon 26.55 2015
65 Malaysia 26.42 2016
66 Germany 26.34 2016
67 Belize 26.18 2016
68 Latvia 26.01 2016
69 United States 25.59 2016
70 São Tomé and Principe 25.44 2016
71 Egypt 25.40 2016
72 Peru 24.99 2016
73 Czech Republic 24.94 2016
74 Indonesia 24.93 2016
75 Palau 24.90 2015
76 Guatemala 24.86 2016
77 Italy 24.56 2016
78 El Salvador 24.55 2016
79 Korea 24.43 2016
80 Croatia 24.19 2016
81 Honduras 24.06 2016
82 Sweden 23.70 2016
83 Brazil 23.59 2016
84 Poland 23.40 2016
85 Turkey 23.39 2016
86 Tonga 23.32 2013
87 Georgia 23.29 2016
88 Timor-Leste 23.02 2016
89 Costa Rica 23.00 2016
90 Mongolia 22.78 2016
91 The Bahamas 22.60 2016
92 Suriname 22.35 2016
93 Guyana 21.88 2015
94 Cabo Verde 21.53 2016
95 Oman 21.50 2016
96 Ecuador 21.47 2016
97 Thailand 21.03 2016
98 Greece 20.96 2016
99 St. Vincent and the Grenadines 20.87 2016
100 Panama 20.82 2016
101 Slovenia 20.58 2016
102 Lithuania 20.24 2016
103 Pakistan 20.03 2016
104 Venezuela 19.98 2016
105 Austria 19.98 2016
106 Fiji 19.97 2015
107 Morocco 19.81 2016
108 Cyprus 19.67 2016
109 South Africa 19.65 2016
110 Comoros 19.03 2012
111 Romania 18.94 2016
112 Zambia 18.48 2016
113 Belarus 18.39 2016
114 Uganda 18.36 2016
115 Finland 18.22 2016
116 Belgium 18.06 2016
117 Dominica 17.96 2016
118 Antigua and Barbuda 17.60 2016
119 St. Kitts and Nevis 17.50 2016
120 Chile 17.36 2016
121 France 17.23 2016
122 India 17.20 2016
123 Vanuatu 16.95 2015
124 Kiribati 16.72 2016
125 Switzerland 16.65 2016
126 Madagascar 15.90 2016
127 Macedonia 15.86 2016
128 Denmark 15.68 2016
129 Dominican Republic 15.47 2016
130 Burundi 15.30 2016
131 Kazakhstan 15.23 2016
132 Chad 14.90 1994
133 Sudan 14.34 2016
134 Singapore 14.23 2016
135 St. Lucia 13.79 2016
136 Côte d'Ivoire 13.53 2015
137 Hungary 13.26 2016
138 Djibouti 13.10 2016
139 Iran 13.00 2000
140 New Caledonia 12.98 2014
141 Montenegro 12.68 2016
142 Mali 12.26 2014
143 Jamaica 12.23 2016
144 Swaziland 12.01 2016
145 Netherlands 11.90 2016
146 Namibia 11.47 2016
147 Papua New Guinea 11.30 2016
148 Ghana 11.17 2016
149 Seychelles 10.60 2016
150 Senegal 10.48 2014
151 Burkina Faso 10.19 2014
152 Japan 10.16 2016
153 Togo 10.02 2015
154 Nigeria 9.51 2016
155 Benin 9.42 2015
156 Ethiopia 8.94 2016
157 Grenada 8.71 2016
158 Trinidad and Tobago 7.80 2016
159 Mozambique 7.56 2016
160 Niger 7.27 2015
161 Mauritania 7.23 2016
162 Congo 6.93 2014
163 Bangladesh 6.38 2016
164 Haiti 6.36 2016
165 Afghanistan 6.31 2016
166 Barbados 6.30 2013
167 Yemen 5.81 2015
168 Kenya 5.54 2016
169 Angola 4.90 2016
170 Algeria 4.57 2016
171 Malta 4.37 2016
172 Luxembourg 3.91 2016
173 Dem. Rep. Congo 3.86 2016
174 Sierra Leone 3.28 2015
175 Ireland 3.19 2016
176 Samoa 2.40 2015
177 Guinea 1.73 2016
178 Myanmar 1.27 2016
179 Tajikistan 0.98 2016

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

Development Relevance: Trade in services differs from trade in goods because services are produced and consumed at the same time. Thus services to a traveler may be consumed in the producing country (for example, use of a hotel room) but are classified as imports of the traveler's country. In other cases services may be supplied from a remote location; for example, insurance services may be supplied from one location and consumed in another.

Limitations and Exceptions: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data. Eurostat and the Organisation for Economic Co-operation and Development, for example, are working together to improve the collection of statistics on trade in services in member countries. Still, difficulties in capturing all the dimensions of international trade in services mean that the record is likely to remain incomplete. Cross-border intrafirm service transactions, which are usually not captured in the balance of payments, have increased in recent years. An example is transnational corporations' use of mainframe computers around the clock for data processing, exploiting time zone differences between their home country and the host countries of their affiliates. Another important dimension of service trade not captured by conventional balance of payments statistics is establishment trade - sales in the host country by foreign affiliates. By contrast, cross-border intrafirm transactions in merchandise may be reported as exports or imports in the balance of payments.

Statistical Concept and Methodology: The balance of payments (BoP) is a double-entry accounting system that shows all flows of goods and services into and out of an economy; all transfers that are the counterpart of real resources or financial claims provided to or by the rest of the world without a quid pro quo, such as donations and grants; and all changes in residents' claims on and liabilities to nonresidents that arise from economic transactions. All transactions are recorded twice - once as a credit and once as a debit. In principle the net balance should be zero, but in practice the accounts often do not balance, requiring inclusion of a balancing item, net errors and omissions. The concepts and definitions underlying the data are based on the sixth edition of the International Monetary Fund's (IMF) Balance of Payments Manual (BPM6). Balance of payments data for 2005 onward will be presented in accord with the BPM6. The historical BPM5 data series will end with data for 2008, which can be accessed through the World Development Indicators archives. The complete balance of payments methodology can be accessed through the International Monetary Fund website (www.imf.org/external/np/sta/bop/bop.htm).

Aggregation method: Weighted average

Periodicity: Annual