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

Transport services (% of service imports, BoP) in Georgia was 55.62 as of 2020. Its highest value over the past 23 years was 56.86 in 2015, while its lowest value was 23.20 in 1998.

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
1997 26.91
1998 23.20
1999 37.63
2000 35.28
2001 32.82
2002 29.79
2003 34.45
2004 42.37
2005 45.38
2006 52.94
2007 54.32
2008 51.55
2009 50.28
2010 50.80
2011 54.73
2012 55.35
2013 56.82
2014 53.91
2015 56.86
2016 54.96
2017 55.04
2018 56.00
2019 52.64
2020 55.62

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