Cyprus - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Cyprus was 6.24 as of 2020. Its highest value over the past 44 years was 39.20 in 2007, while its lowest value was 6.24 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
1976 21.18
1977 20.14
1978 21.80
1979 19.90
1980 20.95
1981 20.90
1982 23.07
1983 23.04
1984 23.64
1985 25.70
1986 27.82
1987 26.48
1988 26.78
1989 23.98
1990 26.30
1991 26.23
1992 25.34
1993 28.38
1994 28.56
1995 25.11
1996 25.95
1997 27.50
1998 27.25
1999 27.61
2000 26.08
2001 26.48
2002 28.98
2003 26.80
2004 30.61
2005 34.36
2006 32.47
2007 39.20
2008 28.77
2009 27.81
2010 24.71
2011 24.13
2012 23.84
2013 19.43
2014 18.80
2015 16.37
2016 16.17
2017 16.58
2018 17.26
2019 15.16
2020 6.24

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Cyprus was 4.52 as of 2020. Its highest value over the past 44 years was 62.60 in 1990, while its lowest value was 4.52 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
1976 28.67
1977 28.23
1978 34.47
1979 38.07
1980 42.15
1981 46.15
1982 50.55
1983 52.91
1984 51.36
1985 51.29
1986 52.87
1987 56.29
1988 58.78
1989 61.39
1990 62.60
1991 55.42
1992 61.40
1993 60.12
1994 62.37
1995 53.24
1996 50.80
1997 50.21
1998 47.80
1999 48.42
2000 47.71
2001 45.93
2002 44.79
2003 41.01
2004 38.41
2005 38.62
2006 36.22
2007 32.36
2008 26.10
2009 23.63
2010 22.79
2011 24.67
2012 26.33
2013 26.47
2014 24.95
2015 23.57
2016 24.10
2017 23.64
2018 23.37
2019 20.31
2020 4.52

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments