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

Transport services (% of service imports, BoP) in Benin was 52.14 as of 2020. Its highest value over the past 46 years was 77.91 in 2017, while its lowest value was 33.69 in 1989.

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
1974 56.77
1975 60.90
1976 60.93
1977 63.07
1978 60.38
1979 60.95
1980 56.91
1981 66.43
1982 67.14
1983 56.37
1984 57.89
1985 69.62
1986 66.92
1987 67.40
1988 47.20
1989 33.69
1990 40.76
1991 62.40
1992 56.65
1993 60.52
1994 57.13
1995 51.13
1996 58.45
1997 65.24
1998 58.84
1999 66.01
2000 65.10
2001 65.59
2002 67.45
2003 67.14
2004 59.87
2005 61.94
2006 60.91
2007 59.06
2008 60.81
2009 58.52
2010 60.46
2011 62.78
2012 62.66
2013 54.31
2014 60.47
2015 61.06
2016 71.11
2017 77.91
2018 68.58
2019 58.13
2020 52.14

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