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

Travel services (% of service imports, BoP) in Madagascar was 8.79 as of 2020. Its highest value over the past 46 years was 27.21 in 1998, while its lowest value was 8.35 in 2007.

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 14.08
1975 13.14
1976 14.37
1977 13.43
1978 13.31
1979 10.55
1980 9.87
1981 11.53
1982 12.22
1983 14.34
1984 13.53
1985 14.39
1986 15.33
1987 11.36
1988 11.87
1989 16.70
1990 16.63
1991 12.87
1992 12.94
1993 9.61
1994 12.23
1995 12.77
1996 17.41
1997 20.66
1998 27.21
1999 24.37
2000 22.12
2001 25.42
2002 22.78
2003 10.32
2004 14.67
2005 10.65
2006 10.69
2007 8.35
2008 9.14
2009 9.21
2010 8.55
2011 11.15
2012 8.36
2013 9.61
2014 12.27
2015 12.43
2016 12.36
2017 13.28
2018 13.79
2019 14.28
2020 8.79

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