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Bermuda - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Bermuda was 24.04 as of 2020. Its highest value over the past 14 years was 31.15 in 2006, while its lowest value was 23.17 in 2018.

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.

Year	Value
2006	31.15
2007	25.86
2008	29.44
2009	29.93
2010	29.71
2011	24.11
2012	24.60
2013	24.77
2014	26.73
2015	27.50
2016	26.36
2017	26.84
2018	23.17
2019	24.59
2020	24.04

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Bermuda was 9.20 as of 2020. Its highest value over the past 14 years was 37.85 in 2019, while its lowest value was 9.20 in 2020.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Year	Value
2006	31.06
2007	35.42
2008	29.39
2009	27.60
2010	31.57
2011	33.82
2012	31.74
2013	31.86
2014	30.15
2015	29.86
2016	34.03
2017	37.26
2018	37.19
2019	37.85
2020	9.20

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments