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

Travel services (% of service exports, BoP) in Palau was 87.20 as of 2017. Its highest value over the past 12 years was 90.94 in 2014, while its lowest value was 80.37 in 2006.

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
2005 83.76
2006 80.37
2007 83.13
2008 84.18
2009 86.47
2010 86.74
2011 89.19
2012 89.62
2013 90.30
2014 90.94
2015 90.44
2016 89.68
2017 87.20

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