West Bank and Gaza - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in West Bank and Gaza was 69.35 as of 2020. Its highest value over the past 25 years was 93.14 in 1995, while its lowest value was 8.77 in 2001.

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
1995 93.14
1996 82.67
1997 84.83
1998 74.23
1999 70.09
2000 29.84
2001 8.77
2002 10.66
2003 34.97
2004 37.30
2005 23.10
2006 13.71
2007 38.21
2008 41.36
2009 58.54
2010 74.19
2011 82.17
2012 63.65
2013 55.78
2014 52.18
2015 53.47
2016 46.77
2017 39.59
2018 40.05
2019 78.80
2020 69.35

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