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

Travel services (% of service exports, BoP) in Lao PDR was 61.58 as of 2020. Its highest value over the past 32 years was 95.26 in 1992, while its lowest value was 3.37 in 1988.

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
1988 3.37
1989 7.56
1990 10.97
1991 19.84
1992 95.26
1993 30.33
1994 37.99
1995 46.06
1996 62.93
1997 24.88
1998 32.35
1999 36.86
2000 64.84
2001 62.49
2002 60.62
2003 58.08
2004 66.54
2005 68.13
2006 70.57
2007 68.09
2008 68.60
2009 67.39
2010 74.69
2011 73.90
2012 79.52
2013 76.15
2014 83.94
2015 85.80
2016 85.78
2017 83.03
2018 82.31
2019 79.26
2020 61.58

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