4th Quarter 2019

Gross National Income & Gross Domestic Product

Exports of Services

Exports of Services slows down

Exports of Services grew by 4.5 percent in the fourth quarter of 2019, slower than the 7.4 percent recorded during the same period in 2018. Travel was the highest contributor to the growth with 20.1 percent growth. Other contributors to growth were: Miscellaneous Services, 1.0 percent; and Transportation, 7.9 percent. Meanwhile, Insurance and Government Services declined by 1.1 percent and 0.8 percent, respectively.