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

Travel services (% of service exports, BoP) in Mongolia was 4.48 as of 2020. Its highest value over the past 39 years was 70.48 in 2002, while its lowest value was 4.16 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
1981 8.58
1982 7.42
1983 6.51
1984 6.84
1985 4.56
1986 4.16
1987 5.28
1988 5.09
1989 12.09
1990 10.40
1992 9.20
1993 13.46
1994 14.54
1995 35.95
1996 17.95
1997 23.72
1998 44.93
1999 46.29
2000 46.28
2001 34.64
2002 70.48
2003 68.76
2004 54.73
2005 42.66
2006 46.34
2007 53.43
2008 47.54
2009 56.34
2010 50.24
2011 29.95
2012 27.24
2013 28.59
2014 35.37
2015 35.65
2016 39.49
2017 40.94
2018 39.84
2019 41.65
2020 4.48

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