Lao PDR - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Lao PDR was 56.39 as of 2020. Its highest value over the past 29 years was 92.54 in 2015, while its lowest value was 0.17 in 2001.

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
1991 13.03
1992 13.60
1993 14.49
1994 11.83
1995 24.34
1996 17.62
1997 10.04
1998 12.94
1999 11.39
2000 18.82
2001 0.17
2002 1.15
2003 4.15
2004 12.11
2005 12.83
2006 23.65
2007 19.20
2008 38.30
2009 60.83
2010 77.02
2011 71.70
2012 81.89
2013 85.50
2014 91.39
2015 92.54
2016 89.15
2017 82.59
2018 79.38
2019 81.09
2020 56.39

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