Cyprus - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Cyprus was 4.52 as of 2020. Its highest value over the past 44 years was 62.60 in 1990, while its lowest value was 4.52 in 2020.

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
1976 28.67
1977 28.23
1978 34.47
1979 38.07
1980 42.15
1981 46.15
1982 50.55
1983 52.91
1984 51.36
1985 51.29
1986 52.87
1987 56.29
1988 58.78
1989 61.39
1990 62.60
1991 55.42
1992 61.40
1993 60.12
1994 62.37
1995 53.24
1996 50.80
1997 50.21
1998 47.80
1999 48.42
2000 47.71
2001 45.93
2002 44.79
2003 41.01
2004 38.41
2005 38.62
2006 36.22
2007 32.36
2008 26.10
2009 23.63
2010 22.79
2011 24.67
2012 26.33
2013 26.47
2014 24.95
2015 23.57
2016 24.10
2017 23.64
2018 23.37
2019 20.31
2020 4.52

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