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

Travel services (% of service exports, BoP) in South Africa was 30.14 as of 2020. Its highest value over the past 60 years was 65.97 in 2003, while its lowest value was 30.14 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 63.13
1961 64.13
1962 61.98
1963 62.04
1964 60.63
1965 59.83
1966 60.00
1967 57.70
1968 55.82
1969 56.35
1970 56.43
1971 59.04
1972 56.47
1973 57.88
1974 59.20
1975 61.04
1976 58.44
1977 58.43
1978 56.10
1979 55.22
1980 56.67
1981 56.36
1982 56.60
1983 63.89
1984 62.67
1985 54.93
1986 53.42
1987 58.80
1988 60.89
1989 56.47
1990 53.45
1991 57.94
1992 54.00
1993 56.83
1994 55.03
1995 46.03
1996 51.59
1997 52.84
1998 52.89
1999 53.74
2000 53.05
2001 53.02
2002 57.20
2003 65.97
2004 63.85
2005 63.54
2006 63.23
2007 60.03
2008 57.61
2009 58.76
2010 56.10
2011 54.43
2012 55.87
2013 54.00
2014 54.30
2015 53.09
2016 52.92
2017 53.33
2018 52.63
2019 52.76
2020 30.14

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