Middle income - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Middle income was 13.88 as of 2020. Its highest value over the past 38 years was 41.54 in 1996, while its lowest value was 13.88 in 2020.

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
1982 35.53
1983 35.56
1984 34.89
1985 34.78
1986 37.08
1987 39.64
1988 40.75
1989 40.78
1990 40.19
1991 38.81
1992 40.93
1993 40.30
1994 39.35
1995 40.06
1996 41.54
1997 34.31
1998 34.52
1999 35.26
2000 35.23
2001 35.41
2002 35.31
2003 40.99
2004 40.01
2005 38.71
2006 37.71
2007 35.61
2008 33.18
2009 34.76
2010 33.11
2011 32.22
2012 32.39
2013 32.51
2014 31.67
2015 32.27
2016 32.45
2017 32.86
2018 32.60
2019 32.69
2020 13.88

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