Cabo Verde - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Cabo Verde was 54.89 as of 2020. Its highest value over the past 43 years was 70.76 in 2018, while its lowest value was 1.34 in 1982.

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
1977 46.32
1978 4.39
1979 3.55
1980 4.12
1981 1.85
1982 1.34
1983 1.77
1984 3.05
1985 3.60
1986 2.80
1987 10.02
1988 11.71
1989 12.97
1990 15.28
1991 22.82
1992 17.77
1993 20.59
1994 17.88
1995 14.02
1996 13.62
1997 15.91
1998 22.07
1999 26.28
2000 38.14
2001 40.78
2002 42.29
2003 42.47
2004 40.99
2005 44.10
2006 54.04
2007 61.23
2008 57.90
2009 58.72
2010 54.87
2011 62.91
2012 66.57
2013 65.23
2014 64.40
2015 69.27
2016 65.12
2017 70.24
2018 70.76
2019 68.03
2020 54.89

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