Namibia - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Namibia was 15.19 as of 2020. Its highest value over the past 30 years was 36.55 in 2003, while its lowest value was 5.09 in 2010.

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
1990 17.22
1991 14.18
1992 13.99
1993 14.72
1994 16.46
1995 16.25
1996 15.32
1997 18.59
1998 19.32
1999 17.61
2000 22.84
2001 24.59
2002 27.17
2003 36.55
2004 29.22
2005 29.34
2006 27.57
2007 25.80
2008 19.53
2009 6.38
2010 5.09
2011 6.76
2012 8.09
2013 5.54
2014 5.62
2015 9.23
2016 10.49
2017 14.64
2018 9.52
2019 17.30
2020 15.19

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Namibia was 28.66 as of 2020. Its highest value over the past 30 years was 88.15 in 1995, while its lowest value was 28.66 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
1990 64.90
1991 69.30
1992 76.30
1993 84.69
1994 87.21
1995 88.15
1996 86.92
1997 87.68
1998 88.11
1999 86.63
2000 64.25
2001 79.43
2002 79.56
2003 80.22
2004 85.16
2005 84.59
2006 72.54
2007 72.51
2008 68.95
2009 64.20
2010 47.18
2011 33.17
2012 41.30
2013 42.05
2014 45.26
2015 52.97
2016 41.75
2017 46.08
2018 49.52
2019 49.96
2020 28.66

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments