Singapore - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Singapore was 1.80 as of 2021. Its highest value over the past 49 years was 27.83 in 1994, while its lowest value was 1.80 in 2021.

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
1972 24.74
1973 22.67
1974 17.64
1975 17.50
1976 16.62
1977 15.47
1978 15.17
1979 13.26
1980 11.44
1981 11.51
1982 13.30
1983 14.85
1984 14.95
1985 17.25
1986 16.93
1987 17.24
1988 16.05
1989 19.47
1990 20.83
1991 20.20
1992 26.36
1993 27.78
1994 27.83
1995 21.41
1996 22.00
1997 19.03
1998 15.80
1999 16.46
2000 16.50
2001 20.92
2002 24.58
2003 21.01
2004 18.67
2005 18.29
2006 17.33
2007 17.99
2008 18.04
2009 18.86
2010 18.60
2011 18.18
2012 17.41
2013 16.30
2014 15.33
2015 14.63
2016 15.13
2017 13.79
2018 13.24
2019 13.28
2020 3.56
2021 1.80

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