Barbados - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Barbados was 7.81 as of 2016. Its highest value over the past 49 years was 30.10 in 1991, while its lowest value was 7.13 in 2014.

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
1967 11.64
1968 9.72
1969 11.05
1970 10.55
1971 12.08
1972 12.08
1973 15.31
1974 15.48
1975 14.94
1976 15.62
1977 15.48
1978 13.34
1979 14.43
1980 16.93
1981 17.66
1982 19.91
1983 17.54
1984 18.19
1985 18.56
1986 21.56
1987 23.67
1988 26.69
1989 27.33
1990 30.05
1991 30.10
1992 27.85
1993 28.08
1994 28.13
1995 29.29
1996 28.21
1997 28.15
1998 27.51
1999 27.28
2000 24.71
2001 28.07
2002 26.30
2003 23.21
2004 24.95
2005 19.28
2006 19.71
2007 17.22
2008 12.13
2009 11.24
2010 10.58
2011 13.58
2012 10.21
2013 7.98
2014 7.13
2015 7.82
2016 7.81

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