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

Travel services (% of service imports, BoP) in Georgia was 12.40 as of 2020. Its highest value over the past 23 years was 65.53 in 1998, while its lowest value was 12.40 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
1997 62.56
1998 65.53
1999 58.17
2000 37.46
2001 39.31
2002 40.78
2003 32.64
2004 30.33
2005 26.56
2006 22.72
2007 18.80
2008 16.33
2009 18.56
2010 18.22
2011 16.87
2012 17.64
2013 18.79
2014 17.22
2015 19.58
2016 22.18
2017 23.58
2018 23.36
2019 27.10
2020 12.40

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