Venezuela - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Venezuela was 36.81 as of 2016. Its highest value over the past 46 years was 55.67 in 1996, while its lowest value was 24.70 in 1981.

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 35.97
1971 41.22
1972 45.91
1973 48.18
1974 53.85
1975 48.65
1976 31.67
1977 33.33
1978 32.59
1979 29.72
1980 35.06
1981 24.70
1982 29.68
1983 28.65
1984 52.03
1985 52.20
1986 53.62
1987 48.15
1988 34.85
1989 41.74
1990 41.82
1991 41.36
1992 33.46
1993 41.51
1994 49.53
1995 50.39
1996 55.67
1997 42.34
1998 49.26
1999 42.85
2000 35.67
2001 44.57
2002 42.67
2003 37.53
2004 44.90
2005 48.29
2006 49.61
2007 47.89
2008 47.10
2009 46.08
2010 44.97
2011 38.70
2012 39.07
2013 38.72
2014 39.25
2015 35.17
2016 36.81

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