United States - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in United States was 7.78 as of 2020. Its highest value over the past 50 years was 34.81 in 1984, while its lowest value was 7.78 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 27.17
1971 28.07
1972 29.56
1973 28.97
1974 27.61
1975 28.83
1976 27.54
1977 27.00
1978 26.73
1979 26.00
1980 25.41
1981 26.25
1982 24.96
1983 24.92
1984 34.81
1985 34.56
1986 32.94
1987 32.85
1988 33.18
1989 33.27
1990 32.38
1991 30.50
1992 33.15
1993 33.84
1994 33.87
1995 32.80
1996 32.56
1997 32.42
1998 32.35
1999 29.92
2000 29.05
2001 27.26
2002 25.28
2003 24.27
2004 24.20
2005 23.74
2006 22.44
2007 21.43
2008 20.04
2009 20.25
2010 19.51
2011 18.91
2012 19.24
2013 19.56
2014 19.60
2015 20.61
2016 21.29
2017 21.55
2018 22.37
2019 22.55
2020 7.78

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