United Kingdom - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in United Kingdom was 4.95 as of 2020. Its highest value over the past 50 years was 27.63 in 1990, while its lowest value was 4.95 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
1970 12.77
1971 12.86
1972 13.62
1973 14.04
1974 13.64
1975 15.74
1976 17.50
1977 20.25
1978 20.07
1979 19.54
1980 18.97
1981 17.25
1982 17.99
1983 20.86
1984 21.47
1985 22.87
1986 22.05
1987 25.78
1988 25.72
1989 26.71
1990 27.63
1991 25.85
1992 24.53
1993 25.30
1994 23.90
1995 25.67
1996 23.61
1997 22.22
1998 21.04
1999 17.38
2000 16.70
2001 15.09
2002 15.00
2003 13.66
2004 13.76
2005 13.27
2006 13.51
2007 12.81
2008 11.96
2009 11.84
2010 12.19
2011 11.73
2012 12.14
2013 12.85
2014 13.52
2015 13.97
2016 13.45
2017 13.15
2018 11.74
2019 12.58
2020 4.95

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