Libya - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Libya was 14.63 as of 2010. Its highest value over the past 33 years was 68.39 in 2007, while its lowest value was 1.93 in 1986.

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
1977 6.20
1978 5.95
1979 6.16
1980 6.16
1981 6.63
1982 7.44
1983 3.56
1984 2.58
1985 3.76
1986 1.93
1987 2.99
1988 5.45
1989 4.26
1990 5.44
1991 7.94
1992 7.09
1993 14.37
1994 7.81
1995 7.81
1996 6.25
1997 6.30
1998 18.92
1999 45.62
2000 43.60
2001 42.39
2002 45.14
2003 46.38
2004 49.89
2005 46.82
2006 38.85
2007 68.39
2008 35.72
2009 12.99
2010 14.63

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