Guinea - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Guinea was 0.16 as of 2020. Its highest value over the past 34 years was 12.41 in 1988, while its lowest value was 0.16 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
1986 6.44
1987 8.97
1988 12.41
1989 8.80
1990 8.04
1991 7.77
1992 5.38
1993 8.38
1994 6.43
1995 5.45
1996 6.30
1997 7.25
1998 7.17
1999 6.47
2000 3.24
2001 5.61
2002 9.31
2003 8.46
2004 8.86
2005 10.01
2006 9.17
2007 9.45
2008 2.07
2009 3.89
2010 1.87
2011 5.74
2012 2.63
2013 6.91
2014 3.33
2015 6.04
2016 1.67
2017 1.52
2018 1.16
2019 0.34
2020 0.16

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Guinea was 1.80 as of 2020. Its highest value over the past 34 years was 31.26 in 2017, while its lowest value was 0.09 in 1997.

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
1986 1.80
1987 4.42
1989 23.07
1990 18.89
1991 8.90
1992 6.89
1993 3.19
1994 0.35
1995 0.73
1996 5.16
1997 0.09
1998 0.82
1999 1.50
2000 2.98
2001 0.11
2007 0.39
2008 1.47
2009 3.86
2010 3.27
2011 2.71
2012 0.89
2014 26.26
2015 29.28
2016 28.76
2017 31.26
2018 3.41
2019 9.87
2020 1.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments