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

Travel services (% of service exports, BoP) in South Asia was 7.30 as of 2020. Its highest value over the past 45 years was 43.84 in 1980, while its lowest value was 7.30 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
1975 23.49
1976 24.26
1977 34.35
1978 36.98
1979 35.81
1980 43.84
1981 38.65
1982 35.75
1983 32.47
1984 23.31
1985 25.38
1986 31.89
1987 33.38
1988 32.06
1989 30.07
1990 28.51
1991 30.84
1992 35.82
1993 33.57
1994 30.27
1995 30.11
1996 30.52
1997 27.42
1998 24.44
1999 20.96
2000 20.93
2001 18.57
2002 16.44
2003 18.84
2004 17.15
2005 14.42
2006 13.01
2007 13.74
2008 12.28
2009 13.17
2010 13.23
2011 13.86
2012 13.40
2013 14.12
2014 14.61
2015 15.63
2016 16.21
2017 17.02
2018 16.26
2019 16.35
2020 7.30

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