Passenger transportation accounts
In the Balance of Payments passenger transportation services cover all services provided - between the compiling economy and abroad or between two foreign economies - in the international transportation of non-residents by resident carriers (credit) and that of residents by non-resident carriers (debit). Excluded are passenger services provided to non-residents by resident carriers within the resident economies; these are included in travel. In addition to the services covered by passenger fares - including fares that are a part of package tours - passenger services include such items as charges for excess baggage, vehicles, or other personal accompanying effects and expenditure on food, drink, or other items on which passengers make expenditures while on board carriers.
Validity of the definition
- Valid until (31 December 2078)