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Iraq - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Iraq was 30.24 as of 2020. Its highest value over the past 15 years was 50.85 in 2016, while its lowest value was 7.19 in 2006.

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.

Year	Value
2005	7.20
2006	7.19
2007	13.14
2008	10.48
2009	14.09
2010	16.42
2011	16.50
2012	17.16
2013	27.55
2014	32.50
2015	44.54
2016	50.85
2017	49.74
2018	43.64
2019	47.78
2020	30.24

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Iraq was 25.10 as of 2020. Its highest value over the past 15 years was 64.07 in 2009, while its lowest value was 25.10 in 2020.

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

Year	Value
2005	47.21
2006	40.35
2007	59.42
2008	56.48
2009	64.07
2010	58.59
2011	54.68
2012	57.68
2013	59.99
2014	54.14
2015	56.29
2016	56.40
2017	48.95
2018	35.65
2019	49.09
2020	25.10

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments