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Balance of Payments » Current accounts - Travel services (% of service imports, BoP)

(%)

Lao People’s Democratic Republic is being the top country by travel services (% of service imports, bop) in the world. As of 2015, travel services (% of service imports, bop) in Lao People’s Democratic Republic was 89.5 %. The top 5 countries also includes Albania, China, Armenia, and Lesotho.

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.