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

Travel services (% of service imports, BoP) in Grenada was 2.99 as of 2020. Its highest value over the past 43 years was 49.38 in 1978, while its lowest value was 2.99 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
1977 27.57
1978 49.38
1979 20.61
1980 22.22
1981 23.60
1982 13.81
1983 15.80
1984 14.69
1985 14.71
1986 14.42
1987 14.66
1988 14.44
1989 15.14
1990 14.46
1991 13.50
1992 10.50
1993 9.93
1994 9.98
1995 11.54
1996 10.51
1997 9.47
1998 8.14
1999 8.66
2000 8.60
2001 9.12
2002 8.55
2003 10.12
2004 9.21
2005 10.44
2006 14.74
2007 14.55
2008 9.79
2009 10.57
2010 11.16
2011 10.44
2012 11.26
2013 11.29
2014 9.82
2015 10.01
2016 9.56
2017 9.14
2018 8.60
2019 7.81
2020 2.99

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