Saudi Arabia - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Saudi Arabia was 16.57 as of 2010. Its highest value over the past 39 years was 30.46 in 1977, while its lowest value was 7.15 in 1991.

Definition: Transport (% of service imports, BoP) covers all transport services (sea, air, land, internal waterway, space, and pipeline) 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. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.

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

See also:

Year Value
1971 25.00
1972 27.49
1973 24.58
1974 22.92
1975 25.21
1976 27.85
1977 30.46
1978 26.13
1979 14.65
1980 17.08
1981 15.23
1982 16.01
1983 14.44
1984 14.08
1985 11.35
1986 9.06
1987 8.74
1988 11.78
1989 8.61
1990 10.25
1991 7.15
1992 8.43
1993 8.57
1994 9.91
1995 11.37
1996 8.91
1997 8.23
1998 13.21
1999 11.05
2000 8.89
2001 12.02
2002 12.01
2003 13.15
2004 12.94
2005 14.47
2006 11.33
2007 14.64
2008 20.81
2009 15.21
2010 16.57

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Saudi Arabia was 19.01 as of 2010. Its highest value over the past 39 years was 37.30 in 1977, while its lowest value was 11.48 in 2007.

Definition: Transport (% of service exports, BoP) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.

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

See also:

Year Value
1971 23.19
1972 23.33
1973 28.03
1974 25.33
1975 31.08
1976 33.25
1977 37.30
1978 32.19
1979 19.04
1980 15.29
1981 12.34
2005 15.95
2006 16.20
2007 11.48
2008 25.50
2009 19.90
2010 19.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments