Australia - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Australia was 23.69 as of 2020. Its highest value over the past 31 years was 37.00 in 1995, while its lowest value was 18.08 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
1989 36.42
1990 33.59
1991 33.33
1992 33.07
1993 34.49
1994 35.93
1995 37.00
1996 35.98
1997 35.04
1998 34.33
1999 33.32
2000 33.94
2001 33.71
2002 33.38
2003 33.44
2004 34.09
2005 34.53
2006 34.02
2007 31.02
2008 30.03
2009 24.65
2010 26.20
2011 25.11
2012 25.88
2013 22.10
2014 20.98
2015 20.97
2016 19.55
2017 18.36
2018 18.77
2019 18.08
2020 23.69

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