Cabo Verde - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Cabo Verde was 23.66 as of 2020. Its highest value over the past 43 years was 52.37 in 1977, while its lowest value was 8.76 in 1981.

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 52.37
1978 23.48
1979 23.60
1980 23.66
1981 8.76
1982 9.71
1983 10.60
1984 12.22
1985 15.27
1986 14.06
1987 22.90
1988 21.14
1989 15.59
1990 14.27
1991 31.64
1992 28.73
1993 31.65
1994 33.59
1995 26.75
1996 24.78
1997 23.50
1998 25.47
1999 33.68
2000 35.92
2001 38.22
2002 39.34
2003 37.53
2004 37.13
2005 31.32
2006 31.80
2007 35.46
2008 36.21
2009 41.59
2010 42.01
2011 39.69
2012 34.57
2013 34.45
2014 29.77
2015 36.48
2016 22.64
2017 23.47
2018 22.63
2019 23.69
2020 23.66

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