Upper middle income - Travel services exports

Travel services (% of commercial service exports)

The value for Travel services (% of commercial service exports) in Upper middle income was 16.78 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 45.94 in 1996 and a minimum value of 16.78 in 2020.

Definition: Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1982 33.15
1983 34.85
1984 36.05
1985 35.87
1986 36.88
1987 40.66
1988 39.65
1989 38.59
1990 36.72
1991 37.77
1992 40.27
1993 41.75
1994 41.71
1995 43.62
1996 45.94
1997 29.27
1998 31.74
1999 31.29
2000 31.35
2001 32.26
2002 32.90
2003 38.79
2004 40.58
2005 42.02
2006 41.82
2007 36.94
2008 35.35
2009 37.30
2010 35.97
2011 35.21
2012 35.56
2013 35.39
2014 32.69
2015 33.05
2016 33.53
2017 31.58
2018 31.07
2019 30.00
2020 16.78

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports