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

Travel services (% of service exports, BoP) in Mexico was 64.58 as of 2020. Its highest value over the past 41 years was 81.13 in 2016, while its lowest value was 37.91 in 1997.

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
1979 71.17
1980 59.69
1981 55.94
1982 53.33
1983 56.07
1984 55.42
1985 48.54
1986 51.44
1987 50.31
1988 48.08
1989 47.22
1990 47.46
1991 46.13
1992 43.40
1993 41.31
1994 39.46
1995 42.02
1996 40.74
1997 37.91
1998 65.37
1999 62.61
2000 61.53
2001 67.50
2002 70.61
2003 75.27
2004 78.77
2005 75.01
2006 76.04
2007 73.67
2008 74.39
2009 76.19
2010 77.42
2011 75.01
2012 77.71
2013 77.09
2014 76.52
2015 77.43
2016 81.13
2017 77.33
2018 77.64
2019 77.53
2020 64.58

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