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

Travel services (% of service exports, BoP) in Georgia was 34.28 as of 2020. Its highest value over the past 23 years was 71.76 in 2018, while its lowest value was 23.69 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
1997 23.69
1998 51.41
1999 54.54
2000 38.43
2001 31.76
2002 30.07
2003 30.36
2004 30.95
2005 32.72
2006 34.22
2007 34.66
2008 35.15
2009 35.80
2010 40.18
2011 47.30
2012 55.07
2013 57.69
2014 58.72
2015 60.52
2016 63.71
2017 67.78
2018 71.76
2019 71.05
2020 34.28

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