Trinidad and Tobago - Travel services

Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Trinidad and Tobago was 2.38 as of 2020. Its highest value over the past 45 years was 49.95 in 2002, while its lowest value was 2.38 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
1975 16.91
1976 15.78
1977 17.88
1978 18.66
1979 21.42
1980 21.64
1981 23.40
1982 25.49
1983 29.13
1984 32.52
1985 30.15
1986 26.93
1987 31.92
1988 37.10
1989 26.99
1990 25.52
1991 21.11
1992 20.47
1993 22.80
1994 20.43
1995 28.65
1996 34.81
1997 28.17
1998 26.24
1999 30.22
2000 37.86
2001 40.81
2002 49.95
2003 28.59
2004 25.72
2005 33.05
2006 25.58
2007 24.39
2008 23.10
2009 27.45
2010 18.14
2011 6.09
2012 7.52
2013 3.32
2014 4.45
2015 7.10
2016 6.86
2017 3.12
2018 3.87
2019 4.47
2020 2.38

Travel services (% of service exports, BoP)

Travel services (% of service exports, BoP) in Trinidad and Tobago was 33.23 as of 2020. Its highest value over the past 45 years was 54.41 in 2019, while its lowest value was 22.60 in 1995.

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
1975 36.01
1976 32.80
1977 35.63
1978 42.10
1979 39.63
1980 37.27
1981 37.15
1982 41.74
1983 35.80
1984 37.00
1985 36.79
1986 30.64
1987 44.75
1988 33.86
1989 30.10
1990 28.83
1991 25.56
1992 24.56
1993 22.89
1994 26.48
1995 22.60
1996 23.38
1997 35.24
1998 29.86
1999 34.03
2000 38.43
2001 34.80
2002 37.95
2003 36.33
2004 40.14
2005 50.51
2006 46.91
2007 50.13
2008 42.38
2009 47.93
2010 51.43
2011 42.51
2012 32.06
2013 34.80
2014 32.74
2015 47.20
2016 48.48
2017 46.25
2018 52.71
2019 54.41
2020 33.23

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments