Lao PDR - Travel services

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

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments