Marshall Islands - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Marshall Islands was 35.69 as of 2018. Its highest value over the past 13 years was 35.69 in 2018, while its lowest value was 18.99 in 2013.

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
2005 28.95
2006 23.18
2007 21.55
2008 23.64
2009 19.42
2010 20.42
2011 21.77
2012 21.17
2013 18.99
2014 20.43
2015 24.78
2016 23.38
2017 30.76
2018 35.69

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Marshall Islands was 19.98 as of 2018. Its highest value over the past 13 years was 41.63 in 2011, while its lowest value was 14.88 in 2015.

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
2005 32.56
2006 32.10
2007 30.59
2008 27.76
2009 28.90
2010 37.52
2011 41.63
2012 39.56
2013 37.23
2014 40.52
2015 14.88
2017 24.23
2018 19.98

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments