Grenada - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Grenada was 10.74 as of 2011. Its highest value over the past 6 years was 14.74 in 2006, while its lowest value was 9.76 in 2008.

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
2005 10.44
2006 14.74
2007 14.55
2008 9.76
2009 10.57
2010 11.18
2011 10.74

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Grenada was 71.15 as of 2011. Its highest value over the past 6 years was 73.36 in 2007, while its lowest value was 61.56 in 2005.

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
2005 61.56
2006 72.14
2007 73.36
2008 72.71
2009 71.24
2010 70.32
2011 71.15

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments