Lower middle income - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Lower middle income was 14.09 as of 2020. Its highest value over the past 43 years was 23.94 in 2019, while its lowest value was 11.75 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 15.31
1978 13.88
1979 20.20
1980 15.67
1981 13.03
1982 13.32
1983 12.93
1984 12.54
1985 12.56
1986 11.75
1987 11.96
1988 11.82
1989 12.37
1990 12.36
1991 14.41
1992 14.89
1993 14.61
1994 14.53
1995 14.84
1996 15.58
1997 14.97
1998 16.30
1999 17.38
2000 17.50
2001 17.84
2002 17.55
2003 18.45
2004 17.34
2005 16.41
2006 16.78
2007 17.13
2008 18.85
2009 18.23
2010 17.42
2011 18.42
2012 18.59
2013 19.18
2014 20.27
2015 21.96
2016 21.64
2017 22.10
2018 22.56
2019 23.94
2020 14.09

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