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

Travel services (% of service exports, BoP) in Madagascar was 22.30 as of 2020. Its highest value over the past 46 years was 60.99 in 2016, while its lowest value was 1.18 in 1983.

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
1974 5.17
1975 6.09
1976 7.67
1977 6.91
1978 7.88
1979 7.19
1980 6.25
1981 3.05
1982 2.43
1983 1.18
1984 1.53
1985 1.73
1986 6.24
1987 8.09
1988 17.03
1989 21.14
1990 26.44
1991 18.45
1992 22.36
1993 21.18
1994 22.38
1995 23.62
1996 22.08
1997 23.58
1998 27.33
1999 29.60
2000 29.80
2001 23.84
2002 10.94
2003 20.99
2004 33.60
2005 36.97
2006 34.93
2007 26.72
2008 26.01
2009 28.13
2010 30.73
2011 39.93
2012 41.99
2013 43.36
2014 48.83
2015 56.13
2016 60.99
2017 49.94
2018 50.79
2019 50.36
2020 22.30

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