Philippines - Travel services exports

Travel services (% of commercial service exports)

The value for Travel services (% of commercial service exports) in Philippines was 1.79 as of 2021. As the graph below shows, over the past 44 years this indicator reached a maximum value of 49.81 in 1999 and a minimum value of 1.79 in 2021.

Definition: Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 26.70
1978 25.99
1979 26.95
1980 26.36
1981 22.45
1982 29.55
1983 30.67
1984 26.43
1985 27.18
1986 30.38
1987 24.68
1988 20.01
1989 17.49
1990 16.09
1991 17.20
1992 20.68
1993 25.51
1994 14.42
1995 12.18
1996 11.96
1997 15.47
1998 19.00
1999 49.81
2000 38.37
2001 35.38
2002 31.59
2003 27.25
2004 29.91
2005 26.56
2006 32.02
2007 36.74
2008 19.63
2009 16.83
2010 14.88
2011 16.95
2012 19.88
2013 20.11
2014 19.74
2015 18.15
2016 16.49
2017 20.07
2018 21.47
2019 23.71
2020 5.63
2021 1.79

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports