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

Travel services (% of service exports, BoP) in Trinidad and Tobago was 33.23 as of 2020. Its highest value over the past 45 years was 54.41 in 2019, while its lowest value was 22.60 in 1995.

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 36.01
1976 32.80
1977 35.63
1978 42.10
1979 39.63
1980 37.27
1981 37.15
1982 41.74
1983 35.80
1984 37.00
1985 36.79
1986 30.64
1987 44.75
1988 33.86
1989 30.10
1990 28.83
1991 25.56
1992 24.56
1993 22.89
1994 26.48
1995 22.60
1996 23.38
1997 35.24
1998 29.86
1999 34.03
2000 38.43
2001 34.80
2002 37.95
2003 36.33
2004 40.14
2005 50.51
2006 46.91
2007 50.13
2008 42.38
2009 47.93
2010 51.43
2011 42.51
2012 32.06
2013 34.80
2014 32.74
2015 47.20
2016 48.48
2017 46.25
2018 52.71
2019 54.41
2020 33.23

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