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

Travel services (% of service exports, BoP) in United States was 10.32 as of 2020. Its highest value over the past 50 years was 36.49 in 1993, while its lowest value was 10.32 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 20.35
1971 19.77
1972 21.12
1973 20.07
1974 19.45
1975 20.15
1976 20.81
1977 19.81
1978 20.25
1979 21.74
1980 22.27
1981 26.46
1982 23.41
1983 21.46
1984 28.45
1985 28.78
1986 29.61
1987 29.38
1988 31.45
1989 33.31
1990 34.09
1991 34.48
1992 36.07
1993 36.49
1994 34.58
1995 34.14
1996 34.14
1997 33.65
1998 32.35
1999 32.07
2000 32.50
2001 30.42
2002 27.64
2003 25.86
2004 24.86
2005 24.68
2006 22.73
2007 21.57
2008 21.64
2009 21.20
2010 22.39
2011 22.06
2012 22.48
2013 23.77
2014 23.81
2015 25.06
2016 24.70
2017 23.56
2018 23.29
2019 22.75
2020 10.32

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