Jamaica - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Jamaica was 42.19 as of 2020. Its highest value over the past 44 years was 57.96 in 1978, while its lowest value was 32.85 in 2016.

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 48.59
1977 54.44
1978 57.96
1979 56.76
1980 55.42
1981 56.91
1982 53.47
1983 52.37
1984 48.35
1985 46.61
1986 47.03
1987 45.54
1988 43.13
1989 47.13
1990 45.77
1991 43.35
1992 43.45
1993 44.55
1994 43.13
1995 45.02
1996 42.94
1997 42.83
1998 42.86
1999 40.36
2000 41.14
2001 40.08
2002 38.45
2003 38.96
2004 37.30
2005 41.68
2006 43.81
2007 43.28
2008 47.05
2009 41.76
2010 39.75
2011 43.97
2012 44.10
2013 44.49
2014 40.73
2015 35.11
2016 32.85
2017 35.49
2018 37.79
2019 35.57
2020 42.19

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Jamaica was 8.33 as of 2020. Its highest value over the past 44 years was 34.31 in 1978, while its lowest value was 5.35 in 2019.

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 32.74
1977 33.94
1978 34.31
1979 31.88
1980 27.96
1981 22.49
1982 19.75
1983 18.77
1984 20.63
1985 21.85
1986 19.52
1987 17.56
1988 19.37
1989 19.24
1990 17.13
1991 12.52
1992 11.91
1993 11.31
1994 14.58
1995 15.70
1996 13.94
1997 14.96
1998 15.59
1999 15.18
2000 16.22
2001 18.48
2002 19.28
2003 22.19
2004 21.65
2005 19.36
2006 17.33
2007 16.52
2008 16.78
2009 12.98
2010 11.21
2011 10.82
2012 8.50
2013 8.24
2014 7.39
2015 6.06
2016 5.40
2017 5.84
2018 5.90
2019 5.35
2020 8.33

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments