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

Travel services (% of service exports, BoP) in Malawi was 14.42 as of 2020. Its highest value over the past 43 years was 78.13 in 1999, while its lowest value was 14.42 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 41.32
1978 28.24
1979 26.76
1980 29.46
1981 26.34
1982 39.12
1983 24.85
1984 28.01
1985 27.58
1986 39.30
1987 31.58
1988 27.82
1989 41.57
1990 42.60
1991 30.65
1992 29.21
1993 22.74
1994 60.10
1995 72.41
1996 70.94
1997 72.75
1998 76.88
1999 78.13
2000 74.32
2001 56.36
2002 67.33
2003 41.00
2004 44.27
2005 43.45
2006 39.59
2007 39.05
2008 41.07
2009 41.76
2010 38.84
2011 35.81
2012 29.52
2013 25.88
2014 29.61
2015 29.78
2016 22.95
2017 21.68
2018 23.64
2019 24.76
2020 14.42

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