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

Travel services (% of service imports, BoP) in South Asia was 10.75 as of 2020. Its highest value over the past 45 years was 18.09 in 2015, while its lowest value was 2.22 in 1975.

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
1975 2.22
1976 6.53
1977 6.03
1978 7.39
1979 7.47
1980 5.56
1981 6.34
1982 7.21
1983 8.14
1984 10.40
1985 10.83
1986 10.61
1987 10.65
1988 11.66
1989 10.97
1990 10.67
1991 12.29
1992 12.81
1993 13.41
1994 12.79
1995 12.43
1996 12.57
1997 12.19
1998 12.98
1999 12.19
2000 14.42
2001 14.65
2002 14.08
2003 15.93
2004 14.93
2005 13.62
2006 12.63
2007 12.55
2008 16.67
2009 16.77
2010 13.40
2011 16.75
2012 15.52
2013 15.04
2014 17.67
2015 18.09
2016 17.56
2017 17.42
2018 17.49
2019 17.79
2020 10.75

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