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

Travel services (% of service imports, BoP) in Bermuda was 24.04 as of 2020. Its highest value over the past 14 years was 31.15 in 2006, while its lowest value was 23.17 in 2018.

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
2006 31.15
2007 25.86
2008 29.44
2009 29.93
2010 29.71
2011 24.11
2012 24.60
2013 24.77
2014 26.73
2015 27.50
2016 26.36
2017 26.84
2018 23.17
2019 24.59
2020 24.04

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