Palau - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Palau was 25.78 as of 2017. Its highest value over the past 12 years was 26.56 in 2016, while its lowest value was 13.99 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
2005 25.85
2006 24.35
2007 23.51
2008 20.16
2009 17.56
2010 13.99
2011 21.18
2012 22.69
2013 23.66
2014 21.30
2015 24.27
2016 26.56
2017 25.78

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments