Trinidad and Tobago - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Trinidad and Tobago was 2.38 as of 2020. Its highest value over the past 45 years was 49.95 in 2002, while its lowest value was 2.38 in 2020.

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 16.91
1976 15.78
1977 17.88
1978 18.66
1979 21.42
1980 21.64
1981 23.40
1982 25.49
1983 29.13
1984 32.52
1985 30.15
1986 26.93
1987 31.92
1988 37.10
1989 26.99
1990 25.52
1991 21.11
1992 20.47
1993 22.80
1994 20.43
1995 28.65
1996 34.81
1997 28.17
1998 26.24
1999 30.22
2000 37.86
2001 40.81
2002 49.95
2003 28.59
2004 25.72
2005 33.05
2006 25.58
2007 24.39
2008 23.10
2009 27.45
2010 18.14
2011 6.09
2012 7.52
2013 3.32
2014 4.45
2015 7.10
2016 6.86
2017 3.12
2018 3.87
2019 4.47
2020 2.38

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