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

Travel services (% of service imports, BoP) in Malawi was 23.37 as of 2020. Its highest value over the past 43 years was 40.27 in 2004, while its lowest value was 4.12 in 1989.

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 4.81
1978 5.06
1979 5.79
1980 5.59
1981 5.48
1982 5.70
1983 5.53
1984 5.04
1985 5.64
1986 5.23
1987 4.29
1988 4.42
1989 4.12
1990 5.90
1991 7.69
1992 7.01
1993 4.37
1994 20.24
1995 25.98
1996 27.07
1997 32.11
1998 24.32
1999 25.64
2000 29.86
2001 23.60
2002 35.16
2003 38.69
2004 40.27
2005 33.83
2006 34.34
2007 37.36
2008 32.21
2009 27.61
2010 25.56
2011 24.47
2012 28.52
2013 25.08
2014 27.56
2015 29.43
2016 29.00
2017 29.35
2018 32.17
2019 32.16
2020 23.37

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