Lebanon - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Lebanon was 34.82 as of 2020. Its highest value over the past 18 years was 80.00 in 2002, while its lowest value was 26.48 in 2008.

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
2002 80.00
2003 45.38
2004 38.52
2005 36.86
2006 34.43
2007 31.19
2008 26.48
2009 28.57
2010 34.64
2011 34.65
2012 36.51
2013 33.98
2014 37.80
2015 34.63
2016 37.95
2017 40.32
2018 43.65
2019 48.17
2020 34.82

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Lebanon was 47.50 as of 2020. Its highest value over the past 18 years was 95.65 in 2002, while its lowest value was 33.00 in 2008.

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
2002 95.65
2003 67.15
2004 55.57
2005 50.92
2006 42.68
2007 40.89
2008 33.00
2009 40.06
2010 49.01
2011 40.12
2012 45.20
2013 41.95
2014 44.22
2015 43.10
2016 46.37
2017 50.12
2018 53.78
2019 62.85
2020 47.50

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments