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

Transport services (% of service exports, BoP) in Armenia was 21.03 as of 2020. Its highest value over the past 26 years was 50.05 in 1997, while its lowest value was 10.81 in 2015.

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
1994 26.04
1995 49.90
1996 46.54
1997 50.05
1998 41.59
1999 38.28
2000 46.15
2001 37.38
2002 33.68
2003 28.84
2004 21.56
2005 21.70
2006 17.42
2007 17.34
2008 16.34
2009 13.60
2010 15.25
2011 13.49
2012 12.40
2013 11.29
2014 11.22
2015 10.81
2016 11.29
2017 11.45
2018 11.55
2019 11.26
2020 21.03

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