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

Transport services (% of service imports, BoP) in Colombia was 32.27 as of 2021. Its highest value over the past 53 years was 51.09 in 1982, while its lowest value was 19.41 in 2017.

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
1968 34.86
1969 38.06
1970 43.77
1971 46.34
1972 45.39
1973 45.49
1974 42.16
1975 40.32
1976 44.34
1977 40.94
1978 41.00
1979 37.22
1980 45.32
1981 46.09
1982 51.09
1983 42.24
1984 39.21
1985 34.41
1986 30.18
1987 27.25
1988 34.00
1989 35.53
1990 33.58
1991 31.41
1992 30.48
1993 34.11
1994 43.24
1995 41.97
1996 35.96
1997 35.80
1998 38.14
1999 37.42
2000 36.12
2001 34.61
2002 31.87
2003 33.42
2004 35.71
2005 37.82
2006 35.37
2007 34.15
2008 34.17
2009 25.87
2010 26.11
2011 26.25
2012 26.05
2013 22.68
2014 21.55
2015 20.97
2016 20.02
2017 19.41
2018 20.04
2019 20.65
2020 22.44
2021 32.27

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