Cyprus - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Cyprus was 35.75 as of 2010. Its highest value over the past 34 years was 39.30 in 2007, while its lowest value was 19.90 in 1979.

Definition: Travel (% of service imports, BoP) 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. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 21.18
1977 20.14
1978 21.80
1979 19.90
1980 20.95
1981 20.90
1982 23.07
1983 23.04
1984 23.64
1985 25.70
1986 27.82
1987 26.48
1988 26.78
1989 23.98
1990 26.30
1991 26.23
1992 25.34
1993 28.38
1994 28.56
1995 25.11
1996 25.95
1997 27.50
1998 27.25
1999 27.61
2000 26.08
2001 26.48
2002 29.42
2003 27.33
2004 30.67
2005 34.43
2006 32.89
2007 39.30
2008 36.06
2009 38.49
2010 35.75

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Cyprus was 26.18 as of 2010. Its highest value over the past 34 years was 62.60 in 1990, while its lowest value was 26.18 in 2010.

Definition: Travel (% of service exports, BoP) 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. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.

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 43.24
2003 39.04
2004 35.95
2005 35.65
2006 33.25
2007 30.51
2008 28.77
2009 27.26
2010 26.18

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments