Caribbean small states - Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Caribbean small states was 60.74 as of 2020. Its highest value over the past 45 years was 82.41 in 2019, while its lowest value was 49.41 in 1975.

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
1975 49.41
1976 63.81
1977 64.62
1978 69.22
1979 69.89
1980 67.78
1981 69.79
1982 69.71
1983 75.09
1984 74.46
1985 75.91
1986 75.09
1987 77.97
1988 75.65
1989 75.41
1990 75.29
1991 74.01
1992 73.39
1993 74.08
1994 72.18
1995 71.72
1996 71.56
1997 72.23
1998 70.75
1999 70.20
2000 71.15
2001 70.47
2002 68.35
2003 69.77
2004 69.05
2005 69.48
2006 72.06
2007 72.31
2008 70.48
2009 71.34
2010 73.20
2011 71.48
2012 69.25
2013 70.04
2014 72.77
2015 76.46
2016 78.65
2017 79.88
2018 80.70
2019 82.41
2020 60.74

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