Saudi Arabia - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Saudi Arabia was 15.72 as of 2020. Its highest value over the past 49 years was 32.74 in 1971, while its lowest value was 6.86 in 1981.

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
1971 32.74
1972 31.28
1973 22.32
1974 12.37
1975 7.86
1976 8.46
1977 9.06
1978 16.76
1979 11.12
1980 8.11
1981 6.86
2005 27.44
2006 26.18
2007 31.97
2008 20.11
2009 27.23
2010 27.53
2011 22.14
2012 23.19
2013 23.04
2014 23.99
2015 21.97
2016 23.71
2017 22.34
2018 19.83
2019 19.25
2020 15.72

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Saudi Arabia was 39.19 as of 2020. Its highest value over the past 49 years was 73.63 in 2011, while its lowest value was 22.40 in 1981.

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
1971 71.01
1972 72.22
1973 68.94
1974 72.93
1975 66.89
1976 64.12
1977 58.67
1978 63.65
1979 29.32
1980 25.88
1981 22.40
2005 40.54
2006 33.58
2007 36.40
2008 63.05
2009 61.49
2010 62.80
2011 73.63
2012 67.26
2013 64.60
2014 65.82
2015 69.99
2016 64.31
2017 66.49
2018 67.17
2019 67.78
2020 39.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments