South Africa - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in South Africa was 8.21 as of 2020. Its highest value over the past 60 years was 39.63 in 1993, while its lowest value was 8.21 in 2020.

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
1960 23.46
1961 26.74
1962 23.56
1963 19.67
1964 20.15
1965 18.10
1966 18.95
1967 19.17
1968 19.90
1969 21.26
1970 23.29
1971 23.60
1972 26.34
1973 24.30
1974 25.25
1975 23.89
1976 25.66
1977 25.05
1978 23.43
1979 25.06
1980 23.90
1981 21.51
1982 22.93
1983 24.03
1984 23.58
1985 19.37
1986 23.37
1987 27.88
1988 30.75
1989 26.59
1990 29.61
1991 30.43
1992 35.56
1993 39.63
1994 36.51
1995 30.91
1996 30.53
1997 32.62
1998 33.65
1999 35.13
2000 35.64
2001 35.82
2002 32.90
2003 35.92
2004 30.57
2005 27.76
2006 24.16
2007 24.46
2008 26.20
2009 27.44
2010 28.83
2011 25.65
2012 21.75
2013 19.08
2014 18.48
2015 19.07
2016 18.68
2017 19.62
2018 20.02
2019 19.05
2020 8.21

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