United Kingdom - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in United Kingdom was 10.28 as of 2020. Its highest value over the past 50 years was 40.56 in 2000, while its lowest value was 10.28 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 12.90
1971 13.22
1972 14.87
1973 15.53
1974 12.51
1975 14.31
1976 14.01
1977 14.14
1978 17.62
1979 20.20
1980 22.93
1981 24.49
1982 24.80
1983 26.64
1984 27.10
1985 27.89
1986 32.07
1987 36.48
1988 37.26
1989 37.73
1990 37.64
1991 36.49
1992 37.93
1993 38.28
1994 37.69
1995 37.95
1996 35.56
1997 36.32
1998 37.88
1999 40.02
2000 40.56
2001 39.98
2002 39.99
2003 39.40
2004 38.30
2005 37.71
2006 36.06
2007 36.62
2008 35.58
2009 33.14
2010 32.41
2011 30.53
2012 30.63
2013 28.89
2014 29.08
2015 29.89
2016 30.14
2017 28.84
2018 26.70
2019 26.28
2020 10.28

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments