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

Travel services (% of service exports, BoP) in Norway was 5.31 as of 2020. Its highest value over the past 45 years was 17.25 in 1994, while its lowest value was 5.31 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
1975 8.10
1976 8.54
1977 9.54
1978 10.32
1979 9.11
1980 8.81
1981 8.72
1982 9.23
1983 9.45
1984 9.28
1985 10.41
1986 13.20
1987 14.87
1988 15.22
1989 12.51
1990 12.32
1991 12.39
1992 15.14
1993 14.85
1994 17.25
1995 16.15
1996 15.06
1997 13.33
1998 13.41
1999 13.83
2000 11.48
2001 10.54
2002 11.04
2003 11.38
2004 11.64
2005 11.71
2006 11.84
2007 11.90
2008 11.38
2009 11.86
2010 11.32
2011 13.01
2012 11.69
2013 11.57
2014 11.30
2015 11.68
2016 12.60
2017 13.81
2018 13.64
2019 13.75
2020 5.31

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