Focus: Travel services

Assessing France’s travel receipts and payments falls within the remit of the Banque de France by virtue of its responsibility to prepare France’s balance of payments.

Travel "receipts" or exports cover the goods and services (excluding international transport) that non-resident visitors acquire in France, including during day trips (border crossers, transit passengers, etc.) and for any reason (business, pleasure, secondments and posted work, international studies, medical care, second homes, etc.).

Likewise, travel “payments” or imports cover purchases by French residents while abroad.

Benchmark methodology for travel services

Trade in travel services is reported in the current account of the balance of payments. Its scope is set out in paragraphs 10.86 to 10.100 of the 6th Edition of the International Monetary Fund's Balance of Payments and International Investment Position Manual (BPM6).