Tuvalu - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Tuvalu was 20.23 as of 2019. Its highest value over the past 18 years was 29.48 in 2005, while its lowest value was 12.07 in 2011.

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
2001 29.19
2002 23.20
2003 12.90
2004 19.01
2005 29.48
2006 26.33
2007 14.17
2008 16.04
2009 15.23
2010 15.56
2011 12.07
2012 18.42
2013 17.55
2014 19.82
2015 19.81
2016 20.63
2017 24.13
2018 20.60
2019 20.23

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Tuvalu was 11.01 as of 2019. Its highest value over the past 18 years was 22.94 in 2013, while its lowest value was 0.84 in 2002.

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
2001 5.61
2002 0.84
2003 12.66
2004 7.15
2005 9.23
2006 13.53
2007 7.73
2008 8.38
2009 8.47
2010 7.19
2011 6.99
2012 6.34
2013 22.94
2014 21.61
2015 15.25
2016 18.65
2017 13.41
2018 13.59
2019 11.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments