Papua New Guinea - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Papua New Guinea was 0.89 as of 2018. Its highest value over the past 42 years was 28.30 in 1980, while its lowest value was 0.48 in 2012.

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
1976 11.72
1977 18.89
1978 17.07
1979 21.16
1980 28.30
1981 18.82
1982 15.03
1983 21.25
1984 18.40
1985 15.32
1986 16.90
1987 17.47
1988 13.87
1989 12.38
1990 11.59
1991 9.45
1992 6.33
1993 7.09
1994 12.74
1995 7.83
1996 3.15
1997 2.03
1998 4.74
1999 2.37
2000 2.97
2001 1.81
2002 1.70
2003 1.73
2004 2.86
2005 1.20
2006 1.36
2007 1.37
2008 0.73
2009 1.13
2010 0.73
2011 1.38
2012 0.48
2013 0.89
2014 1.30
2015 1.14
2016 0.62
2017 0.66
2018 0.89

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