IBRD only - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in IBRD only was 25.98 as of 2020. Its highest value over the past 38 years was 43.89 in 1989, while its lowest value was 21.82 in 2016.

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
1982 42.77
1983 43.65
1984 43.45
1985 41.66
1986 41.46
1987 42.98
1988 43.35
1989 43.89
1990 43.08
1991 42.74
1992 40.39
1993 38.40
1994 36.42
1995 36.07
1996 34.39
1997 31.71
1998 31.45
1999 31.74
2000 32.48
2001 31.48
2002 30.66
2003 31.39
2004 32.63
2005 34.08
2006 34.60
2007 34.22
2008 32.58
2009 28.44
2010 29.20
2011 29.70
2012 28.90
2013 26.98
2014 24.62
2015 22.78
2016 21.82
2017 22.65
2018 23.48
2019 23.46
2020 25.98

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