Cyprus - Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Cyprus was 22.23 as of 2020. Its highest value over the past 44 years was 34.84 in 2010, while its lowest value was 12.55 in 1992.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 18.42
1977 18.27
1978 19.15
1979 18.09
1980 18.05
1981 16.72
1982 15.85
1983 14.47
1984 15.65
1985 17.29
1986 16.88
1987 16.22
1988 14.50
1989 13.29
1990 13.00
1991 14.47
1992 12.55
1993 12.92
1994 12.98
1995 18.18
1996 18.65
1997 18.06
1998 17.73
1999 16.38
2000 17.42
2001 17.30
2002 20.69
2003 24.32
2004 24.67
2005 25.78
2006 25.31
2007 25.60
2008 31.70
2009 34.28
2010 34.84
2011 32.87
2012 32.47
2013 30.43
2014 27.06
2015 28.10
2016 26.32
2017 24.75
2018 25.83
2019 24.04
2020 22.23

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