Grenada - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Grenada was 2.99 as of 2020. Its highest value over the past 43 years was 49.38 in 1978, while its lowest value was 2.99 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 27.57
1978 49.38
1979 20.61
1980 22.22
1981 23.60
1982 13.81
1983 15.80
1984 14.69
1985 14.71
1986 14.42
1987 14.66
1988 14.44
1989 15.14
1990 14.46
1991 13.50
1992 10.50
1993 9.93
1994 9.98
1995 11.54
1996 10.51
1997 9.47
1998 8.14
1999 8.66
2000 8.60
2001 9.12
2002 8.55
2003 10.12
2004 9.21
2005 10.44
2006 14.74
2007 14.55
2008 9.79
2009 10.57
2010 11.16
2011 10.44
2012 11.26
2013 11.29
2014 9.82
2015 10.01
2016 9.56
2017 9.14
2018 8.60
2019 7.81
2020 2.99

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Grenada was 46.08 as of 2020. Its highest value over the past 43 years was 94.78 in 1979, while its lowest value was 46.08 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 79.45
1978 87.80
1979 94.78
1980 94.66
1981 90.91
1982 89.62
1983 89.25
1984 90.28
1985 92.81
1986 76.50
1987 73.03
1988 70.58
1989 75.14
1990 77.68
1991 75.41
1992 73.43
1993 72.58
1994 76.44
1995 76.85
1996 73.80
1997 73.89
1998 69.39
1999 61.35
2000 60.55
2001 62.50
2002 69.73
2003 77.42
2004 53.96
2005 61.56
2006 72.14
2007 76.62
2008 75.65
2009 73.64
2010 73.15
2011 73.55
2012 74.28
2013 73.62
2014 89.88
2015 90.28
2016 89.95
2017 89.79
2018 90.64
2019 91.52
2020 46.08

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments