Barbados - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Barbados was 7.81 as of 2016. Its highest value over the past 49 years was 30.10 in 1991, while its lowest value was 7.13 in 2014.

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
1967 11.64
1968 9.72
1969 11.05
1970 10.55
1971 12.08
1972 12.08
1973 15.31
1974 15.48
1975 14.94
1976 15.62
1977 15.48
1978 13.34
1979 14.43
1980 16.93
1981 17.66
1982 19.91
1983 17.54
1984 18.19
1985 18.56
1986 21.56
1987 23.67
1988 26.69
1989 27.33
1990 30.05
1991 30.10
1992 27.85
1993 28.08
1994 28.13
1995 29.29
1996 28.21
1997 28.15
1998 27.51
1999 27.28
2000 24.71
2001 28.07
2002 26.30
2003 23.21
2004 24.95
2005 19.28
2006 19.71
2007 17.22
2008 12.13
2009 11.24
2010 10.58
2011 13.58
2012 10.21
2013 7.98
2014 7.13
2015 7.82
2016 7.81

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Barbados was 73.42 as of 2016. Its highest value over the past 49 years was 82.70 in 1974, while its lowest value was 64.36 in 2014.

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
1967 67.92
1968 73.85
1969 71.63
1970 76.60
1971 77.49
1972 79.53
1973 78.85
1974 82.70
1975 79.29
1976 75.65
1977 77.23
1978 75.70
1979 77.88
1980 78.01
1981 79.74
1982 74.97
1983 75.90
1984 76.78
1985 77.07
1986 71.36
1987 75.53
1988 77.79
1989 77.94
1990 79.77
1991 75.54
1992 76.12
1993 77.56
1994 75.41
1995 77.23
1996 67.93
1997 73.58
1998 74.86
1999 73.07
2000 72.25
2001 70.98
2002 66.89
2003 74.31
2004 76.20
2005 71.54
2006 76.94
2007 81.69
2008 78.74
2009 75.84
2010 77.94
2011 74.75
2012 72.04
2013 66.47
2014 64.36
2015 66.78
2016 73.42

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments